Horror video games are racking up record sales in 2009 even as the rest of the industry sees revenues decline and popular genres such as music games shrink. Writing for Reuters, John Gaudiosi sees the horror genre faring well and continuing to do so with upcoming titles such as EA’s Left for Dead 2 and the latest sequel in Konami’s popular “Silent Hill” franchise.

Analyst firm Wedbush Morgan Securities says sales of horror games are up more than 12 percent as of September 2009 compared to all of 2008, already racking up $147 million in sales this year. A large part of the boost comes from Capcom’s Resident Evil 5, which has sold nearly 2 million units to-date. Wedbush Morgan’s Michael Pachter pinpoints Capcom’s franchise as the flagship of the genre, estimating that titles from the Resident Evil series make up half of all lifetime horror game sales. Read more from Reuters.