SlorgNet on 16 January 2008
Media markets always thrive during recessions, so I don't expect any significant damage to the industry. The only effect will be to slow down the adoption of HDTVs, due to their comparatively high price, which may slow down the PS3 and 360. The Wii and handhelds won't be affected.
The falling dollar won't hurt. Most of the components in games are manufactured in China, which has a dollar peg, and Europe is becoming a bigger market anyway.
