Sales of DVDs, Blu-rays, and downloads account for more than half of the UK film industry’s revenue, making them a “critical” form of funding, according to a new report from the British Video Association.
The British Video Association (BVA) says in the report that the success of films like these proves that video is the “lifeblood” of the industry, with more than £2.3 billion being spent by consumers.
“Video continues to be a critical part of the film industry’s ecosystem,' said Eddie Cunningham, president of Universal Pictures International Entertainment, in a statement.
The BVA highlights the knock-on effects of being able to rely on video as a source of revenue, especially for TV series.
The BVA also emphasised that it would like to see copyright law enforced to prevent what it says is half a billion pounds a year being lost through theft. It would like “a fast-track legal process” to block websites that offer copyrighted content for download.
In April, five internet service providers in the UK were required by law to block the Pirate Bay file-sharing website, although critics said this would do little to dispel piracy as there are easily available workarounds such as proxy servers.
Jim Killock, executive director of the Open Rights Group, told the BBC: “Internet censorship is growing in scope and becoming easier. Yet it never has the effect desired. It simply turns criminals into heroes.”
Following the ban, The Pirate Bay announced that the number of visitors to the site had risen by 12 million.