Games overtook DVD market in 2007

Posted on Sunday, July 06 2008 @ 18:00 CEST by Thomas De Maesschalck

A report by the Entertainment Merchants Association points out that U.S. games sales overtook DVD sales last year by almost $3 billion.

Across 2007, the US gaming market brought in $18.85 billion according to NPD. Meanwhile, Nielsen reports that DVD sales racked up $16 billion, and the Digital Entertainment Group shows Hollywood's 2007 box office revenue at $9.6 billion.

However, as we noted last August, the claim that video games pull in more money than Hollywood is only true from a certain point of view. While games surpassed both DVD sales and box office revenue, combined, those figures appear to overshadow gaming.

Then again, those numbers don't paint a complete picture of the rivalry between Tinsel Town and games. NPD's 2007 figure for the gaming industry doesn't include titles sold via digital distribution or online game subscriptions, such as World of Warcraft.

Though movie rentals brought in around $7.4 billion during 2007, no figures are available regarding game rentals.

Source: ShackNews

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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