The video game industry is in a major change. In 2012, US physical distribution took a major hit (down 21%), the un-aptly named digital distribution grew just 16% (according to NPD group).
Having said that, get this: “Grand Theft Auto V,” the latest installment in Rockstar Games’ hit video game series, reaped an eye-popping $800 million in worldwide retail sales on its first day of release Tuesday, writes the LA Times.
A revival of the boxed item? Don’t jump to conclusions. Even after one and a half decade of successfully distributing music online, the industry is still relying heavily on physical distribution.
But games are a different beast anyway. Much bulkier, for instance, as you can see on the pic.
Addendum: Three days after launching, Grand Theft Auto 5 became the fastest entertainment property to hit $1 billion in sales, according to company estimates released by publisher Take-Two Interactive today.
What’s your take on this?