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DVD is now more important to music lovers than VHS, with a massive 67% of all visual music sales being bought on the format last year, compared to just 35% in 2001.
A new British Video Association report also reveals that, for the first time last year, both the value and volume sales of DVD sales were greater than VHS. Some 90m DVD units, worth 1,305m [pounds sterling], were shifted compared to 79m VHS units, worth 745m [pounds sterling]. In 2001, the DVD sector was only worth 646m [pounds sterling].
Although the music video sector is still modest--2.7% of the overall combined DVD and VHS market--some 3.2m music DVD units were shifted in 2001, with EMI occupying top company spot and releasing four of the top five DVD titles.
British ...