Tuesday January 09th 2007, 2:34 pm
Console video games are expected to be a $40 billion business by 2010.
The average Playstation 2 game costs $8 million to develop, while PS3 games cost $15-20 million.
[Source: Slate]
In comparison, movie ticket sales generated $9.16 billion in 2006, and DVD sales generated a total of $18 billion, a number that is expected to flatten in coming years.
[Source: The Numbers, and Business Week]
