Want some bang for your recession buck? Try some video games. For $50-60 the hours of entertainment that a single game can provide (let’s ignore the console purchase up front…) it has most other forms of entertainment beat in a dollar-per-hour equation. And consumers are putting their dollars behind this value proposition:
As people cut back on travel and going out, they are turning more to home entertainment, providing a boost to the videogame industry that is under pressure to keep gamers amused and beat the recession.
“Videogame sales have been impacted the least from the global recession and there are no real signs of it slowing,” said Michael Cai, vice president of videogame research at Interpret.
Last fall, as the effects of the economic downturn were being felt, videogame sales rose internationally. In the United States alone, sales increased 19 percent over 2007, topping $21.3 billion, according to The NPD Group.
Source: Reuters
This trend is keeping these guys pretty happy…
I just love any excuse to use this...
