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Video games sector worth almost £4bn

By Martyn Landi

The video games sector now accounts for more than half of the entertainment market, according to new figures.

The Entertainment Retailers Association (ERA) said the gaming market's value rose to £3.864bn, more than double what it was worth in 2007.

It now makes gaming a larger market than video and music combined for the first time.

The figures show three games - Fifa 19, Red Dead Redemption 2 and Call of Duty: Black Ops 4 - each sold more than a million physical units in the UK across games consoles during 2018.

ERA chief executive Kim Bayley said: "The games industry has been incredibly effective in taking advantage of the potential of digital technology to offer new and compelling forms of entertainment. Despite being the youngest of our three sectors, it is now by far the biggest."

The figures do not take into account digital game sales as well as mobile and free games downloaded and played, the most notable of which is Fortnite, a free-to-play game which now has more than 200 million players globally.

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