An In-Stat report has claimed that Xbox Live revenue is likely to hit $1 billion per year by 2013.
“Each of the three key [console] vendors is positioned to generate hundreds of millions of dollars in annual online gaming revenue from online service subscriptions, download revenue and-or online advertising,” said the research firm.
“Microsoft’s Xbox Live service will clearly lead, with projected revenue of over $1 billion in revenue annually by 2013.”
The report goes on to say that increasing ubiquity of internet-ready devices and network availability is fuelling the growth in online subs.
Full thing through the link.