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Video Game Industry Remains Popular Segment of Technology Market.
- Article from:
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The Dallas Morning News (Dallas, Texas) (viaKnight-Ridder/Tribune Business News)
- Article date:
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February 18, 2002
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Copyright informationCOPYRIGHT 2002 The Dallas Morning News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Victor Godinez
Feb. 18--Movie box-office sales increased almost 8.5 percent in 2001 to a record $8.35 billion. But that number couldn't compare with the bulging 43 percent gain reported by the U.S. video game industry, which saw sales balloon to $9.4 billion, by far an all-time high.
Although some say it may be tough for the traditionally volatile video game industry to hold onto those gains, many experts argue the industry has finally matured and is ready to climb a steady growth curve.
In 1999, video game sales were a then-record $6.9 billion before falling to $6.6 billion in 2000 as gamers held on to their wallets and waited for Sony Corp., Microsoft ...