Music Video Game Sales Collapse in 2009

Reuters reports that the sales of music video games like Rock Band and Guitar Hero have plummeted by 50% compared to sales a year ago. The reason? According to analyst Michael Pachter: Too many games with too much music in too short a time. Thank you, game publishers, for flooding the market. But this doesn't mean the music-game category is a quickly fading fad with no future. No one expected the same level of record-breaking sales achieved in 2008, and Pachter expects the category will level off at about $500 million-$600 million per year, which he calls a "nice, healthy" genre on par with the "Call of Duty" action-game franchise. That doesn't take into account the revenue earned from in-game music sales, which "Rock Band" and "Guitar Hero" have yet to report. Comments

By [H]ardOCP News/Article Feed
See original post at http://www.hardocp.com/news/2009/12/19/music_video_game_sales_collapse_in_2009/