Men Spend More on Games Than Music

Posted on April 11, 2005

Reuters reports that a new Nielsen Entertainment study has found that men now spend more on video games then they do on music. However, men still spend more on DVDs than games. The study also found that 40 percent of U.S. households own a video game systems and 8% of those surveyed said they own all three of the major video game systems -- PlayStation, Xbox and Nintendo. Reuters said the U.S. video game industry has $10 billion in annual revenue which is about the same as the movie industry.