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      Games 'to doutsell' music and video


      it predicts spending on games whill rise by 42% to Â4.64bn in 2008, with sales on music and video at Â4.46bn .
      the era's most recent figures for 2007 show sales of games software at Â1.7bn, compared to Â1.4bn in music sales and Â2.2bn for video revenues .
      it is online, sales of cds and dvds that have grown rapidly, rather than digital downloads, which still only account for around 42% of music and video sales .
      the music and video market is not just suffering from a slowing of growth but a massive transfer of spend to online, says malcolm pinkerton of verdict research .
      malcolm pinkerton of verdict says firms such as hmv and zavvi are changing store layouts: they're cutting back on space in music and re-allociating it to more lucrative areas such as mp3 playears, books, clothing and video games .
      Generated 2008-11-6_22:58





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