BBC news article on Games sales

rolfness

There was a thread a while back about how the global financial crisis would affect the gaming industry..

http://news.bbc.co.uk/1/hi/technology/7814272.stm

good sales will turn around how people view the industry as an investment opportunity. So all the layoffs on here might lead to a reuptake for new projects.

kat

It probably won't. BigCorpa has a preference to loose staff than cut into their profit margins.

Mark Dygert

But we're not bullet proof, if this thing carries on much longer people will trim the fat from their personal entertainment budgets much more.

http://www.npr.org/templates/story/story.php?storyId=99013980
"Flat Sales
Nesting or not, for an industry that is used to double-digit growth, 2009 is unlikely to be a great year. Steve Smith of This Week in Consumer Electronics says holiday sales are still being tallied, but he expects that compared to 2007, sales in 2008 will be flat, or down 3 or 4 percent."

As I see it we're either on the Stern of the Titanic or watching it sink from a half empty life boat. Either way, its not a great place to be. But I guess being a lucky bastard who survives a hellish night is better then not... Hopefully we can all spoon until the Carpathia shows up...

Jeremy Lindstrom

I call dibs on Vig!