Videogame Industry Growth Spurt Finally Slowing?

The videogame industry has been breaking sales records every year, and this year won’t be any different. But if August’s numbers are any indication, the industry’s monster growth rate is slowing down.

Even with the help of EA’s (ERTS) huge football hit ‘Madden ‘09′, videogame revenues were only up 13% year-over-year in August, according to research firm NPD Group. As Goldman analyst Mark Wienkes notes today, that’s a big deceleration from the huge growth the industry’s seen over most of this year – game sales have been up 40%+ year-over-year in each of the last six months.    Read More

By Vasanth Sridharan