Metallicube said:
It's not like people are making this stuff up out of thin air. Just look at the alarming amount of consolidation and developers going bankrupt. Coupled with a recession, and skyrocketing development costs, it's easy to see why some can see a grim future for the games industry. Will there be an all out crash reminiscent of Atari in the early 80s? Probably not, but I think we're going to see a situation where less and less $60 games are released, even more companies buying eachother out and going bankrupt, and an influx in free to play/ micro cell phone type games for $1. I also think there's going to be a major decline in sales overall, as people become less interested in the same types of games, and find it increasingly difficult to justify buying yet another piece of hardware for $500-$600 just for better graphics and social networking. Not a crash, but certainly a gaming "depression" for lack of a better word. |
I think you are confusing companies who are making bad decision and going bankrupt from those who are catering to their market and advancing. A company like Take Two (record earnings, record revenue) is expanding their business, getting stronger, buying pieces to thier portfolio while not increasing cost (all without Nintendo support mind you) while THQ made mistake after mistake that eventually cost them in the end.
