Video games outsell DVDs in 2008
By Alexandra Heilbron on January 29, 2009 | 2 Comments
Over the years DVD sales have dominated over video games, but 2008 was different. Video game sales reported a worldwide revenue of $32 billion, while DVD/Blu-ray sales fell six percent with $29 billion. In its 2008 wrap-up and 2009 forecast, The GfK Group, one of the largest market research companies in the world, predicts games will grow to represent 57 percent of entertainment software sales in 2009, up from 53 percent in 2008. The biggest contributing factor to the steady increase in game sales was Nintendo’s Wii, while home movie media is being curbed by the transition from DVD to Blu-Ray. Although it may look as if video games have won the battle, guess again. DVDs are priced on average $25, and inevitably going lower, not to mention the huge catalogue of DVDs that regularly sell for $10. Video games sell for about $50 to $60 before falling to $20. What about your spending habits? Did you drop more on games or movies, and how do digital downloads factor into the equation?
[poll=86]
Well, I for one definately spent more on video games. My kids have tons of them! We usually just go to EB Games and trade them or buy used but they get lots of new ones for Christmas and birthdays. They get dvd’s too but nothing compared to the games.
I don’t play video games and I would never buy one. I buy DVDs sometimes. Mostly I just watch the Movie Network.