Musica losing money on gaming

27 October 2013
Musica

South African music and entertainment retailer Musica has revealed that the company is losing gaming sales.

Musica saw a 14.7% decrease in gaming sales from 2012 to 2013, with market share falling from 9.8% (2012) to 7.3% (2013).

PwC recently released their annual analysis of the South African entertainment trends in their 4th Annual South African Entertainment and Media Outlook: 2013 – 2017 forecast, and the reports showed that the SA PC gaming market is slowly declining while the console and mobile market is still on a growth trend.

MyGaming also caught up with local retailers to find out how the market is doing and how they are reacting to the exchange rate.

Source: Clicks Group annual results

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  1. Kobus Draconia Oelofse
    28.10.2013 at 14:06

    too expensive and never update prices. Also seem to be up xbox 360’s arse much with regards to hardware the last time i was looking for ps3 stuff.

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