Report: Live to generate $1bn PA by 2013

Friday, 10 April 2009 08:41 GMT By Patrick Garratt

xboxlivelogoa

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.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Latest