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Games Industry NOT Slouching!

by Justin Wood - May 1, 2001, 12:25 pm EDT
Source: CNN

With gaming websites closing and game developers laying people off, it's easy to think that the industry is in trouble.

With the recent news of several popular video games websites shutting down, and independent games publishers being swallowed up left and right, it would seem that the industry is shrinking. How about some good news for a change? Read on.

According to CNN sources, the industry actually grew by 15% this year.

The report went on to say that industry analysts say the games market could increase by as much as 75% next year as the new systems from Nintendo and Microsoft are released world wide. How's that for some good news?!

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