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Forums - Sales Discussion - The Recession VS. Videogames - Your Thoughts?

bouzane said:
Isn't Activision-Blizzard, the largest third party game publisher on the planet losing money now? That doesn't sound recession-proof to me.

 

  Activision Blizzard posted record results, announcing over $5 billion in revenue for 2008, seeing $429 million worth of profit over the holidays.

http://kotaku.com/5151500/activision-blizzard-shrugs-off-recession-reports-5-billion-in-revenue



Yet, today, America's leaders are reenacting every folly that brought these great powers [Russia, Germany, and Japan] to ruin -- from arrogance and hubris, to assertions of global hegemony, to imperial overstretch, to trumpeting new 'crusades,' to handing out war guarantees to regions and countries where Americans have never fought before. We are piling up the kind of commitments that produced the greatest disasters of the twentieth century.
 — Pat Buchanan – A Republic, Not an Empire

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mowe said:
Honestly, video games aren't even close to recession-proof.

Sure, sales are up, but that's mainly due to Nintendo expanding the market and what not.

Looking at all the layoffs with game companies, it's pretty obvious that video games, like basically everything else, are affected by the economy.

What makes you think those layoffs are caused by the economy? Many publishers have been showing signs of trouble for a long time (expenses increasing faster than revenue).

 



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