Gaming poised to overtake music in terms of global spending

The video gaming industry is poised to overtake the music industry in the US, with global spending on video games surpassing music spending as soon as this year, according to consulting firm PricewaterhouseCoopers. PwC released the data in its annual “Global Entertainment and Media Outlook” report covering 2007 through 2011, which outlines expected growth in the entertainment, film, music, and video game industries, among others.

Read this item from Ars Technica

Advertisements

Leave a comment

Filed under Gaming, When New Meets Old

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s