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Internet biting into consumer market for educational software
The New York Times reports on how the rise of the internet has hurt the once thriving market for educational software. While parents used to liberally spend money on software that would help educate their children, they now find many of those solutions available for free online. As a result, annual sales of educational software to the consumer market has dropped from $498 million in 2000 to $152 million last year. (Note: This site requires registration.)
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