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Weekly UK sales dip below £15m

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Weekly UK sales dip below £15m

Video game revenues fall to three month lull ahead of busy September

The UK weekly video games market value continues its August slide, slipping to under £15 million for the first time in three months.

According to MCV calculations, based on this week’s Gfk-ChartTrack/ELSPA weekly report, the UK market dropped to £14.8 million for the week ending August 22nd, a five per cent drop over the week before. Units also slipped, falling seven per cent to 778,634.

The UK games market has been in decline since the release of Wii Sports Resort in July, with very few new releases hitting shelves.

However, that all changes today with the release of Batman: Arkham Asylum, while September sees the release of The Beatles: Rock Band, Halo 3: ODST, Guitar Hero 5, Dirt 2, Need for Speed, Professor Layton and more big games.

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Bad news can be good news...

posted by Agent75 Aug 28, 2009 at 7:06 pm
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Agent75

Yeah it's been in decline because most games out there are rubbish, the Credit Crunch, and because games are way too expensive, more so from stores like HMV and GAME. I think this will go on right into 2010, so I think we'll see a repeat of last year when a load of games that came out at the end of the year became discounted like Far Cry 2 for £20, and Saints Row 2 for £18 (both new). It's all good news for us gamers.

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Market decline

posted by M.I.S. Aug 28, 2009 at 7:40 pm
2
M.I.S.

Isn't it funny that just as major non-gaming retail outlets and big super markets move into gaming the market declines!

The midas touch - in reverse!!

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hmm...good or bad?

posted by Angron Aug 29, 2009 at 7:57 pm
3
Angron

i dont no if this is good news or bad news, it shows gamign industrys were no putting upw ith the higher prices here...but then i want the videogame industry to do well...

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MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

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