wraggster
August 13th, 2012, 21:41
The sale of digital product could account for the majority of EA’s revenue within 24 to 26 months.
That’s according to EA COO Peter Moore, who told Reuters (http://www.reuters.com/article/2012/08/12/us-gamescom-electronicarts-idUSBRE87B06X20120812) that: "There will come a point, whether it is two or three years from now, when we say 'We are doing more in digital media now than we are in physical media' and it's clearly not far away."
EA currently expects global revenue for packaged goods sales of $2.6bn and digital revenue of $1.7bn for the current fiscal year. Its digital
However, has the industry already hit a tipping point? And is it only the traditional triple-A console publishers who are lacking behind?
The amount spent in the US on video game content in all forms from April to June 2012 (http://www.mcvuk.com/news/read/us-digital-sales-up-year-over-year-during-second-quarter/0100957) totalled $2.88bn. That figure divides into $1bn in new physical video and PC game software, $1.47bn from game content in digital formats including full game and DLC content downloads, subscriptions, social network and mobile games.
In March it was reported that digital was already accounting for half of the PC market (http://www.mcvuk.com/news/read/pc-downloads-cross-the-tipping-point-in-the-uk/093294).
http://www.mcvuk.com/news/read/digital-could-overtake-physical-in-two-or-three-years-ea-s-moore-beli/0101162
That’s according to EA COO Peter Moore, who told Reuters (http://www.reuters.com/article/2012/08/12/us-gamescom-electronicarts-idUSBRE87B06X20120812) that: "There will come a point, whether it is two or three years from now, when we say 'We are doing more in digital media now than we are in physical media' and it's clearly not far away."
EA currently expects global revenue for packaged goods sales of $2.6bn and digital revenue of $1.7bn for the current fiscal year. Its digital
However, has the industry already hit a tipping point? And is it only the traditional triple-A console publishers who are lacking behind?
The amount spent in the US on video game content in all forms from April to June 2012 (http://www.mcvuk.com/news/read/us-digital-sales-up-year-over-year-during-second-quarter/0100957) totalled $2.88bn. That figure divides into $1bn in new physical video and PC game software, $1.47bn from game content in digital formats including full game and DLC content downloads, subscriptions, social network and mobile games.
In March it was reported that digital was already accounting for half of the PC market (http://www.mcvuk.com/news/read/pc-downloads-cross-the-tipping-point-in-the-uk/093294).
http://www.mcvuk.com/news/read/digital-could-overtake-physical-in-two-or-three-years-ea-s-moore-beli/0101162