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USA Today

Social networking goes gaming

September 08, 2008

USA Today That also gets the more than 40 million homes with Internet-connected game systems "to turn on their consoles on a daily basis," says Michael Cai of Parks Associates, a Dallas-based research firm.

Cai estimates that global online revenues from games played on consoles will grow from $1.3 billion this year (mostly from Xbox Live) to more than $8 billion in 2013. "You buy clothes for your avatar or you download another song. It all adds up," he says.

From the article, "Social networking goes gaming " by Mike Snider

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