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Online revenue to reach $8 billion by 2013, researchers say

A new Parks Associates report has predicted that online revenue will reach $8 billion by the year 2013, reports Gama.

"Parks Associates' research shows that Sony, Microsoft and Nintendo stand to reap big gains thanks to revenue streams from digital distribution, downloadable games and content, and multiplayer gaming services," says the piece.

Michael Cai, Parks Associates' director of Broadband and Gaming, says that "led by Microsoft’s success in Xbox Live, all three console makers are dreaming up many innovative offerings to entice console households to get connected and spend more money."

More through the link.

By Mike Bowden

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Mike

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33, live in Denmark, married, little boy named Aleksander help out Pat with some news stories for VG247

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