Last Updated on 4/9/2006 by bidz
Baseball trading card business not what it used to be
Grand Forks Herald | 04/09/2006 |
By Don Steinberg
Knight Ridder Newspapers
“…The baseball card “business has gone from being a $1 billion business in the U.S. 10 years ago to about $120 million now,” said Robert Routh, an industry analyst at Jefferies & Co.
The long decline can be at least partly blamed on the rise in other forms of entertainment available to children, such as Pokemon and Yu-Gi-Oh cards, video games, and computers. But Major League Baseball itself has had a hand in losing its youngest fans, and card companies have methodically watered down their own product.”