Home   Help Search Login Register  
Pages: [1]
  Print  
Author Topic: Weathering the Storm: Videogames and the Economic Crunch  (Read 955 times)
DocHop
Administrator
Full Member
*****
Posts: 102


For your health!


View Profile Email
« on: February 11, 2009, 12:17:50 PM »

Even in the face of the current economical crunch, many analysts considered the video game industry to be untouchable. However, the recent woes of several big name publishers like Sony and Square-Enix (whose shares were revealed to be at a six-year low last week) as well as the closure of several talented development studios seem to indicate otherwise, to say nothing of recent outlets within the videogame journalism field getting the axe as well.

Still, however bleak the situation may be, the videogame industry has outlasted dire economic forecasts before, only to emerge even stronger on the other end. However, while the video game industry is quite resilient on the whole, what is the ultimate cost and what implications does it have?

Check out the full article here:
http://www.gamezone.com/news/02_11_09_12_25PM.htm
Logged
aceinet
Global Moderator
Hero Member
*****
Posts: 811


View Profile Email
« Reply #1 on: February 11, 2009, 11:25:32 PM »

People still want to be entertained and will find ways to keep on gaming.  That might mean more used games or waiting until games go on sale at rock bottom prices.  It just seems strange that the entire industry as a whole is posting big numbers but we still read about so many companies having problems.  Somebody has to be doing well but I guess no one wants to read about good news during these hard times.
Logged
Pages: [1]
  Print  
 
Jump to: