Gaming Growth Outpaces Music and Movie Industries

The video game industry experienced an exceptional growth rate in 2007, increasing revenues by over 28% and outpacing both music and movies. Console games reigned over their PC counterparts, pulling in nearly 70% of total sales with the the Nintendo Wii console the clear frontrunner.

“The video game industry set the pace over all others in 2007, with record-breaking sales, off-the-charts consumer demand, and innovation reaching from galactic exploration to guitar simulation,” said ESA CEO and president Michael D. Gallagher. “On average, an astonishing 9 games were sold every second of every day of the year.”

via Webb Alert