Video Game Sales Drop 6% in 2010, Second Year of Declines

For the second year in a row, retail sales were down in the video game industry — the first time it has recorded negative growth in back to back years.

The industry, as a whole, was down 6 percent compared to the 2009 figures, with sales of $18.58 billion. Software sales, which investors consider the best barometer of the industry’s health, were down 6 percent as well to $9.36 billion. (Adding in PC sales, the amount climbed to $10.1 billion, a 5 percent drop from last year.)

Read more at CNBC.com

2010 sees 6 percent drop in retail video game sales

2010 was another ugly year for video game retailers. Overall sales of video games were down 6 percent compared to the 2009 numbers – coming in at $18.58 billion. But there was some room for optimism.

Adding in other income streams, including digital downloads, used game sales, game rentals, subscriptions, social network games and mobile game apps, the NPD Group, which tallies the numbers, estimates preliminary software sales in 2010 were between $15.4 to $15.6 billion – which represented relatively flat growth compared to 2009 (though perhaps down by 1 percent).

Read more at Variety’s Technotainment blog