Market
Brazil has full potential to be the largest market for games in Latin America, a position currently occupied by Mexico. According to Daniel Cervantes, director of games and entertainment division of Microsoft for Latin America, Brazil occupies the 15th position in world ranking of videogames, with 600 thousand consoles sold annually.
National companies of games trying to change that with the government: in August 2006, Abragames submitted to the Ministry of Finance a plan suggesting ways of reducing the tax burden to the games. For now, the proposal is under evaluation.
"In case of changes, we believe the government will raise about $2 billion in five years", explains Marcelo Nunes de Carvalho, president of Abragames (Brazilian Association of Game Developers). For comparison purposes, on average, the government collects about $65 million annually, with taxes on games and consoles, which is almost the same for five years and almost nil when compared to the projection of Abragames.
Read more about this topic: Video Gaming In Brazil
Famous quotes containing the word market:
“At market and fair, all folks do declare,
There is none like the Boy that sold Broom, green Broom.”
—Unknown. Broom, Green Broom (l. 23–24)
“... married women work and neglect their children because the duties of the homemaker become so depreciated that women feel compelled to take a job in order to hold the respect of the community. It is one thing if women work, as many of them must, to help support the family. It is quite another thing—it is destructive of woman’s freedom—if society forces her out of the home and into the labor market in order that she may respect herself and gain the respect of others.”
—Agnes E. Meyer (1887–1970)
“Have you not heard of that madman who lit a lantern in the bright morning hours, ran to the market place, and cried incessantly: “I seek God! I seek God!””
—Friedrich Nietzsche (1844–1900)