Link to September 11 cnet news post, "Video games take another big hit in August".Excerpt: The video game industry is having trouble reversing its poor showing over the past few months.
Industrywide revenue in August slipped 16 percent year over year, market researcher NPD Group reported Thursday. And total year-to-date sales were down 14 percent.
Neither software nor hardware could stop the industry's slide. Hardware sales came in at $297.6 million for the month--down 25 percent compared with August 2008. Video game sales brought in $470.32 million--a 15 percent hit, year over year.
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