The Morning Briefing: Digital vs. physical retail
"The Morning Briefing" is SmartPlanet's daily roundup of must-reads from the web. This morning we're reading how digital media is affecting the retail industry.
1.) The internet killed Jessops. As Jessops goes into administration, we witness yet another familiar retailer who was not immune to the high street's economic woes.
2.) HMV prepares to call in administrators. Music and film retailer HMV is preparing to call in the administrators as it becomes the highest profile chain to collapse during the current economic malaise.
3.) iTunes capitalizes on 'Downton Abbey' popularity, offers early viewing for season pass holders. Apple said Monday that people in North America who hold iTunes season passes will be able to see this season’s last three episodes of "Downton" before they air.
4.) Wreck-It Ralph available as a digital download before Blu-ray. In the latest sign that digital downloads are on their way to replacing traditional physical forms of media, Disney has decided to offer its hit film Wreck-It Ralph in digital download and on-demand formats weeks before releasing it on Blu-ray and DVD.
5.) Digital downloads now make up 25 percent of all entertainment sales. The U.K. entertainment market is getting increasingly digital, with more than £1bn spent on downloads of films, games and music in 2012.
Image credit: Pink Sherbet Photography