Tag Archives: down

America’s tough comps got even tougher last night, as NPD announced a butt-puckering 23 percent decline in overall games revenue for May on a year-over-year basis.

Sales were down to $863.3 million from $1.12 billion in May last year, the first time the total monthly industry figure has fallen below $1 billion since August 2007.

Hardware was down to $302,500, a 30 percent drop.

Software revenue fell to $448,900, a 17 percent decrease, while peripheral sales slid 5 percent to $112,000.

“The video games industry continues to struggle with difficult comparisons to last year, and this is the first month that industry sales have dipped below $1 billion since August 2007,” said NPD analyst Anita Frazier.

“May is typically one of the lowest revenue-generating months in any given year for the industry in general.”

According to MCV, the British games market has dropped below £15 million for the first time since 2007.

Based on today’s Gfk-ChartTrack/ELSPA weekly report, the UK market has hit £13.7 million for the week ending May 17, down from £16.6 million the week before.

The weekly value hasn’t topped £20 million since the week ending April 18.

Fantastic. Hit the link for the full thing.

According to this Kotaku story, trade attendance for TGS has fallen again, dropping around 11,000 for the business days compared to last year.

Around 27,000 people attended the first day of the event, with just over 24,000 hitting the second day.

No figures are in yet for consumer attendance.

More through the link.