HMV is devoting more and more resources to selling games as the music market takes a downturn.
HMV has been devoting increasing amounts of shop space to selling games lately as it believes that game sales will soon trump music sales, according to comments given to
The Sun recently.
HMV Executive Simon Fox said that games sales already made up about 20 percent of all sales from the HMV chain, with a steady rise of 4.1 percent over the last three months. This trend has driven the company to devote more and more store space to the sales of games, while less and less space is being used to sell music.
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Within the next 12 to 18 months, it's possible games will be bigger than music for us," Fox told the tabloids.
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Music is in our DNA and we are totally committed to it. But the fact is, the market is moving away from music - so we are giving more space in our stores to games."
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Looking forward to Christmas, Wii Fit will continue to do well, FIFA 09 will be huge, as will Gears of War, Guitar Hero and Rock Band. There's a good line-up of releases," said Fox.
Yeah - and that's not all to get excited about. Check out our
2008 Winter Games Preview for information on what other titles you can expect to hit shelves in the near future.
The reasons why music sales are declining are obvious as, between iTunes and piracy, the retail store model is left with a tiny portion of the market, but could games sales soon go the same way? Let us know your thoughts in
the forums.
Everything in HMV is overpriced. Even the "3 for £20" DVD offers are undercut by online where you could get each DVD individually for around a fiver.
The other thing is that HMV in my town (and Canary Wharf in London) no longer stocks any PC games at all now. Both used to. Its console all the way now for HMV.
But for CD's and DVD's HMV is always overpriced (compared to Tesco and Online)... but if you want it there and then... you pay the price.
I actually bought my PS3 from Zavvi (the old virgin) as they were the only store that let me swap out games from the bundle for ones I actually wanted. I like these guys (Milton Keynes is the nearest one to me).
On the other hand, many games are over £18 so the playing field is slightly flatter, but running costs are always going to be much higher on the High Street, putting the price back up. Maybe off-line games sales are to punters not grown up enough to have a credit card, as well as the want-it-now brigade. Plus the shops are somewhere to hang out, and making that purchase scores points, no? B)
Those kinds of sales are a great way to make a daunting DVD collection.