10:27 | Wednesday August 20, 2008
Music titles may have missed the boat in the short term, according to a leading consultancy.
Futuresources’ music and mobile specialist David Sidebottom describes music release sales as “currently relatively insignificant” in the total Blu-ray market, which is expected to hit around 4.5m unit sales by the end of the year.
Sidebottom suggests that music titles will account for no more than 3-4% of the total market this year and also warns that manufacture and supply issues could further hamper sales in the fourth quarter because products might not be ready in time for the key selling months leading up to Christmas. He says: “Blu-ray music sales are expected to gain momentum by the end of the year, as stronger, high profile titles are released. As in the Music DVD market, evergreen and strong live acts will provide the majority of sales in the sector, with a more mature buyer evident.
He adds that although selected Blu-ray music titles could see significant volumes, a repeat of the success of the early days of Music DVD is unlikely.
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