What effects will a recession have on the video game industry?

[insomniac17]

Kasz216 said:

I think sales will go up.

Entertainment usually does well in times of economic crisis because people want to forget the crap that's happening.

Maybe more Wii games get bought by "the casuals" something they can play for a while instead of spending a similar amount on like 2-3 movies... etc.

MAYBE the HD systems will take a hit due to the relative cost of their product... but even then... those who already have the systems will probably end up buying MORE games.

If it looks like it will be prolongued, maybe the Wii will get some more titles, since as stated it will be harder to raise capital. As will DS.

 provided Nintendo has finally caught up with demand. and if that happens, they might see another hardware shortage lol. 

tokilamockingbrd said:
during the great depression the only industries that thrived were the Radio and Movie industry... People will always have money for entertainment in the US. Especially videogames, which imo give you the most bang for your buck. I actually think the Wii will thrive, it is the cheapest to make games for so the devs will focus their efforts on the Wii.

But recession or no, media will be fine. Housing, Retail, and Finance industries will be hit hardest. (housing may very well have caused this recession.. but gas seems to be taking the blame.)

 blame the idiots running my county. last time I checked, my county had the highest rate of forclosures (spelling?) in the nation. they bought out all this farmland (idiots) and built way more houses than we needed, even with all the illegal immigrants coming here... anyway, I'm getting off topic;

I imagine that Nintendo would do the best if the recession lasts, b/c like everyone had said, its cheap price + lots of fun = great entertainment for the family.