06-24-2007, 11:12 AM
Quote:The video gaming industry is poised to overtake the music industry in the US, with global spending on video games surpassing music spending as soon as this year, according to consulting firm Pricewaterhouse Coopers. PwC released the data in its annual "Global Entertainment and Media Outlook" report covering 2007 through 2011, which outlines expected growth in the entertainment, film, music, and video game industries, among others.
The information not only reflects the gaming industry's strong trajectory, but also serves as a painful reminder that the music industry continues to suffer...
full article: http://arstechnica.com/news.ars/post/200...-year.html