If this sounds like a familiar tune, it is: Music game sales have plummeted for a second-straight year. But this year, the tune is way more off key.
According to analysis by Gamasutra, which looked at the period from January through October in each of the past three years, music game revenues in the U.S. have taken a phenomenal nose dive from an epic height of $1.6 billion in 2008 to where they've landed today: under $250 million for the year. "Short of a Christmas miracle," concludes analyst Matt Matthews, "music games won't break $400 million for all of 2010."
Ohhh ... so that's why Viacom's hawking Harmonix.
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