Video Game Industry Sales Reach Record Pace in 2004

Wednesday, February 09, 2005 | 11:22 AM

Following up on yesterday's debate, I wanted to highlite to a few more relevant datapoints:

"The video game industry enjoyed record sales in 2004, despite a shortage of game consoles over the holiday season, according to figures released yesterday.

The data from NPD Funworld, a market research firm, showed that United States sales of video game consoles, portable devices and the games made for those platforms were $9.9 billion in 2004. That figure is slightly below the overall sales figure of $10 billion in 2003. However, the 2004 figure does not yet include sales of games for personal computers. When those sales are included in a report due in the next few days, overall sales for the year will be a record, NPD said.

The 2004 sales include a surge in sales of games for hand-held devices, which hit $1 billion in 2004, up from $903 million in 2003.

Over all, sales of games for consoles and portable devices was $6.2 billion. Sales of games for personal computers were $700 million from January through November, with full-year figures expected soon."

This is another example of a new media taking money and time from consumers to the detriment of older media (newspapers and magazines, television and terrestrial radio, CDs, movie theatres, VHS tapes).


Video Game Industry Sales Reach Record Pace in 2004
NYT, January 19, 2005

Wednesday, February 09, 2005 | 11:22 AM | Permalink | Comments (5) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



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Posted by: lisa | Jul 16, 2007 11:03:50 AM

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