Chapter 14 The UK film market as a whole The UK is the third largest film market in the world, generating revenues in excess of £4 billion. Cinema-going was the most significant component of the film value chain in 2013, generating revenues of £1.1 billion. FACTS IN FOCUS: The total filmed entertainment market in the UK in 2013 was worth an estimated £4 billion, the same as in 2012. Terrestrial and multi-channel television and VoD revenues all recorded increases, but theatrical, physical video and pay television revenues declined. Sell-through video on physical media fell to £940 million, but it still accounted for 23% of the market; Video on Demand increased to £323 million, accounting for 8% of the market. Gross revenues for UK film were an estimated £900 million in 2013, down from £1 billion in 2012. The UK had the third largest filmed entertainment market in the world after the USA and Japan.
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