HappySqurriel said: In my opinion, the greatest risk to the future of HD gaming on the PS3 and XBox 360 is the credit crisis ... For over a decade many companies (including videogame developers) have been able to take on more and larger projects then they could afford based on their cash flow because of the easy access to credit. When it works well, a no-name company can rapidly become one of the biggest and most important companies in their industry; when it works poorly, a company rapdily becomes bankrupt because they have more debt then they can ever pay back. I could be wrong but I suspect that a large portion (possibly the majority) of HD videogames are financed through credit and, in an environment where credit isn't easy to access, many of these projects may not have as much money to be completed the way they were initially envisioned; and many new projects may not have access to as much money as they require to complete as initially planned (or may not have access to money at all). |
Are you talking about Activision? It turned from a shovelware company like THQ and now it's a behemoth like EA.
How many cups of darkness have I drank over the years? Even I don't know...