August video game sales hit a new low

Everyone was expecting bad news from video game retailers in August.

And everyone was right.

The NPD Group reports that year over year sales were down 23 percent, with software sales tumbling 37 percent. August, historically, has been a rebound month for the industry, but EA’s decision to move the release of the annual Madden entry to the end of the month torpedoed any chance of that happening this year.

Read more at Yahoo! Games