In Tough Economic Times, Video Games Console : NPR

One of the (many) great things about being in academia is being surrounded by smart, talented and articulate people. As I was in office the other day, I heard broadcast professor John Doolittle playing this piece to one of his undergraduate classes:

In Tough Economic Times, Video Games Console : NPR.

Just as in the Great Depression, when people went to movies to escape the harshness of reality, people today are firing up their game consoles en masse. In these turbluent economic times, when the media industry is in freefall and spending is tight in both advertising and consumer markets, video game sales are up an astonishing 43 percent since 2007.

Movies then were only a nickle. Today, AAA games are a lot more. Let’s just hope they aren’t buying the titles on credit cards.