Tag Archives: recession

Gaming & E-Sports: Games in UK grow 20 percent

27 Jan

This staggering number is based in the following article on Gamindustry.biz:

Games growth over 20 per cent at HMV

Based on sales numbers from 2008, HMV concludes that its current activities, selling new and also used games at their stores is paying off. It is outgrowing both CD, DVD and other media sales by far and while these deserve big discounts in sales prices and proposed media attentoin, gaming is one of the strongest markets in the industry.

Further adding to the significancy of these numbers is the extremely strong 2007 Q4 that the numbers are being compared to. Even hardware  sales are up to par, with particularly Nintendo’s Wii and DS performing great.

Earlier I commented on the stability of the gaming market in terms of spending, and these latest figures comfirm that even for the UK market.

It remains to be seen if the more traditional market; Europe, will perform like the US, UK and China are doing and keep up strong growth figures, in a time where the economic situation cautions customers on their expenses. 

It remains to be concluded that the gaming market is the one market that keeps steady spending, allowing for in-house activities that are relatively cheap. The price of a game is roughly compareable to a night in a bar!

Anyone can offer some insight on the old world’s market performance?

Economic downturn settling in?

17 Dec

In this press release, TNS Media Intelligence talks about the changes in the US advertising market. And it seems the 1.7% across-the-board decline leads to the conclusion that the economic down-turn, that was already noted superficially in 2007 is setting in to stay.

But is this true? Ofcourse, a 1.7% decline in the biggest advertising in the world is a big sign, but we’re talking about a country that is seeing one of its biggest employers slipping (car industry) and while the president-elect shows signals of hope, the rest of the world, and especially the national businesses are not that positive for the coming year. After the read more I’ll show the table that lead them to these conclusions.

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