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Have we reached ‘peak video game’? Top analyst sees industry slumping in 2019

S.China Morning Post Thursday, 24 January 2019
Have we reached ‘peak video game’?  Top analyst sees industry slumping in 2019The rise of video games has turned Fortnite into a social phenomenon, made esports a rival to the NFL for viewers, and grown button-mashing into a bigger money-maker than Hollywood. Now one veteran analyst is calling for the first industry downturn in a quarter century. Video game revenue is headed for the first decline since 1995, with sales expected to fall by 1 percent to $136.5 billion this year, according to Pelham Smithers, owner of an eponymous London-based research firm. He blames China...
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News video: US Video Game Sales Reached New High in 2018

US Video Game Sales Reached New High in 2018 01:08

US Video Game Sales Reached New High in 2018 That's an 18% increase in video game sales since 2017. Video games also beat North American movie box office sales in 2018, which recorded $11.9 billion. The Nintendo Switch became the United States' best-selling console last year, topping the Playstation...

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