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Gaming market defies "recession"
I know this doesn't help those who recently lost their jobs, but I guess as a whole it shows the strength of the industry. http://www.gamespot.com/news/6201094.html?tag=latestheadlines;title;1 -
Re: Gaming market defies "recession"
exactly right. take a look at the Wii, being the highest selling console. now walk into your local games store, and see which titles are bundled with the console, you got it right, it's mariokart, wii play, or wii fit. the "top sellers" list, is a complete farce, as 90% of the time it's software that comes WITH the… -
Re: Gaming market defies "recession"
Exactly what I was thinking Vig. Industry needs consumers to buy their shit, if consumers have to choose to pay rent and feed their family or get a new game... well family hopefully comes first. We'll see what happens. -
Re: Gaming market defies "recession"
The one slightly positive things about recessions is that the companies that manage to survive it come out the other end more cost efficient. Work flows change and people make more out of less.. during boom times there's a lot of cash for new startups and existing companies get bloated, everyone is trying to make life… -
Re: Gaming market defies "recession"
As far as all the layoffs go our industry has been overdue for a while Regardless of the overall economy. The sizes and cost of many teams in relation to what they're putting out has blown way out of proportion. The larger you are the dumber you get.. -
Re: Gaming market defies "recession"
Cant tell ya how true this has been for myself, and classmates of mine as well -
Re: Gaming market defies "recession"
Just to be clear- games and sales will continue to go well, I think. But company failures and layoffs will continue, because there will be less capital. People will continue to buy games but companies will blame layoffs, paycuts, and buyouts on the financial crisis. -
Re: Gaming market defies "recession"
Which leads to people being more anti-social and more depressed so they escape more. Gents we're riding a tidal wave of money, provided some of us can stay on our boards and ride it out... -
Re: Gaming market defies "recession"
Its to be expected with the economic problems that are affecting everyone globally, people enjoy entertainment, and as things get tight gaming offers more enjoyment per 1$ you spend than you spend on a night out. I think the PS2 keeps going because the games are cheaper and theres a massive back catalog. -
Re: Gaming market defies "recession"
On a related note Brash Entertainment closed it's doors today after it's investors pulled out.
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