Videogame Sales Slump Continues

The videogame industry is still feeling the effects of the global recession, posting its sixth straight month of slumping sales, reports VARIETY.

The videogame industry is still feeling the effects of the global recession, posting its sixth straight month of slumping sales, reports VARIETY. For August, sales were at $909 million, which is down 16% for the year-to-date period. For 2009, the biz is down 14%. In July console sales saw a sales increase, but still overall for the year sales have dropped 17%.

A highlight of the month was the release of Warner Bros. and Eidos Interactive's BATMAN: ARKHAM ASYLUM, which has sold 593,000 units on Xbox 360 and PS3.

The prospects for September look very good with blockbuster titles BEATLES: ROCK BAND and GUITAR HERO 5 hitting stores.

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