| jimbo101 said: i have bad feeling about the gaming business and i heard only 20% of video games are profitable. I think we might be seeing our last next gen consoles (at least from ps3 and 360) |
The gaming business is healthy. I did some work for a very big music company a few years ago. Do you realize that only 3% of music artists are profitable to the music companies? And out of that 3% only 5% make enough money to "earn a living" solely from music?
People often get mad at game publishers, but a lot of people don't understand the risks they take. They put up the cash for everyone to be able to see games ship. Not all games are great, but most start as a great idea needing money. Publishers provide that money. Big budget games like Gears, Halo, MGS, Resistance, The Marios, Zeldas, etc. would never exist without publishers willing to feed millions into a hole that might not pay off in the end.
