EMA: DVD sales still oustrip video game sales |
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The video game industry has experienced a major boost in the past couple of years. Here are some fun facts about the billion-dollar industry: 1) There are 11 countries that have an annual video game revenue in excess of US$ billion, 2) Industry growth once beat the US economy's four-to-one.Still, as big as it is now, it seems that Hollywood is a tough one to catch up with. According to the most recent report from the Entertainment Merchants Association, DVD sales still outstrip video game sales in 2007.
The report states that DVD sales raked in US$ 16 billion, while video game sales only took home US$ 8.64 billion in software. If you take account sales of everything video game-related though, such as software, hardware, and accessories, the video game industry took in US$ 18 billion. DVD still takes home the bacon though since it took home its share with just, well, the DVDs.
Maybe someday video game sales will catch up, but for now, I can't help but appreciate how much the video game industry has actually grown since my first console ever, the Atari. Back then, the industry was just a blip on the radar (to be fair, it was about then that the industry crashed). Now, seven generations down, it only feels like a matter of time.
Via Kotaku
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Comments
duh of course we have a lot of boring parents that watch's tv instead of playing video games.
More people own DVD players(anything that plays DVDs) then consoles.
to make a game you need lots of monies :P usually the movie is already released in theaters so they just need to burn it onto a dvd not to mention a dvd costs like 3 cents to mass produce
Most video games have a lower budget than movies, and cost overall much less. As there is usually no one getting paid millions for voice-overs and other stuff.
Movies generally cost millions. Salaries, locations, equipment, props, and suchlike add up, especially with famous actors/actresses, to massive amounts. Games, on the other hand, rarely require locations to be paid for so that they can be kept clear, and voice actors generally get less pay than film actors. Everything in games is, obviously, computer generated (except the odd FMV). Therefore, the only expenditures are usually salaries for programmers and the usual production costs.
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