NEWS - Wednesday, June 26, 2002


Online Rentals Soar

RedOctane, the leading online video game rental service, reports that Online game rentals increased 68% within the first month of the console price drop in May. While demand for games has increased across the board, the most noticeable increases have come for Xbox and GameCube games. The demand for Xbox Games has risen an impressive 110% and demand for GameCube games has risen a healthy 82%. "We're expecting to see a steady growth in new members as a result of the lowered console prices," remarked Kai Huang, CEO of RedOctane. "These lowered prices allow for more people to own the latest video game systems, and our service allows people to play games on them for very little money. Huang went on to note that, "by saving over $100 on the cost of a new video game system, a person could join our G2 program* and play as many games as they wanted for 5 months." "The increase in game rentals is leading us to believe that the price drop hasn't just attracted new gamers, but that many gamers are buying a second or third system," said Dean Ku, VP of Marking for RedOctane. "Based on what our members are renting, it appears as if many gamers are choosing to own multiple systems. The video game industry has never seen the amount of cross-ownership that it's seeing now. Brand loyalty is still a factor, but not nearly as much as what we saw between the SNES and Sega Genesis, or PlayStation and N64 systems. " "On average 42% of our G2 members have multiple systems. That's up from 19% just a year ago," stated Dean Ku. "The console price drop has really opened the doors for our customers to take full advantage of our service. A G2 member with multiple systems has access to twice as many games as they had before. " Kai Huang, noted that, "before May, four of the top five most-rented games where dominated by PlayStation 2 titles, but since the price drops the two Xbox games, Spider-Man: the Movie and Elderscrolls III: Morrowind have taken over the top 2 spots. GameCube titles are also starting to climb onto our charts with Resident Evil attaining the highest spot for a GameCube game at the number 5 spot. By Christmas 2002, we're expecting to see Xbox, GameCube and PS2 games spread fairly evenly across our most-rented list." RedOctane's Top 10 rentals for the 3rd Week of June 1. Spider-Man: The Movie (Xbox) 2. Elder Scrolls: Morrowind (Xbox) 3. Medal of Honor: Frontline (PS2) 4. Grand Theft Auto 3 (PS2) 5. Resident Evil (GC) 6. Virtua Fighter 4 (PS2) 7. WWE Wrestlemania X8 (GC) 8. Hunter the Reckoning (Xbox) 9. Way of the Samurai (PS2) 10. Spider-Man: the Movie (PS2)
Source: http://www.xboxaddict.com/

Site Statistics

Registered Members: 53,826
Forum Posts: 725,938
Xbox One Titles: 3,954
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,235
Member Reviews: 10,339
News Articles: 16,226
Screenshots: 35,825
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News





Rugby 22 Gets New Gameplay Trailer

Rugby 22 Gets New Gameplay TrailerThe presence of the Top 14, the Pro D2 and the United Rugby Championship is also confirmed. Fans will find all the clubs of these leagues, with their players and their official jerseys.




See News Archives

Community Forum Activity

2021: XBA is still here
Post by shrew king
12 Replies, 22609 Views

Watch Dogs: Legion
Post by Nato King
0 Replies, 43702 Views

Xbox Series X or S
Post by Nato King
5 Replies, 56736 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 52321 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 54708 Views

Xbox one no signal
Post by debrartin
0 Replies, 66682 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 69526 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 56946 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 96592 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 56391 Views

Squad Up
Post by samslophead
0 Replies, 115242 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 84221 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 153321 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 97366 Views

Happy Birthday, Me.
Post by SnoochyBoochy
4 Replies, 123113 Views

© 2000-2022 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics