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| [Jun 03, 2012, 2:39 pm ET] - Share - Viewing Comments |
Yahoo! Games - Is the Video Game Industry Dying? Thanks Joao.
Investors are also comparing current sales numbers to the cycle's peak, back when the Wii was a must-have device that retailers couldn't keep on store shelves. Now that demand for Nintendo's system has effectively dried up, the numbers can't compete.
If not for the recession, those Wii owners might have kept the industry on a fairly even keel. But the longevity of the economic downturn, coupled with the rise of the smart phone and the app market with its cheap games, stole much of Nintendo's audience away.
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Re: Op Ed |
Jun 3, 2012, 22:10 |
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ASeven wrote on Jun 3, 2012, 19:26: This is why I keep saying there will be an industry crash. Sure gaming won't die but many publishers will due to having focused heavily on the console market and now that there's really not that much interest for a next-gen console, especially with the rumored specs, and retail console sales plummeting massively, even for an end of cycle, I can see publishers dropping off like flies. Gaming, however, will remain. PC gaming is returning, Indies have exploded in a way many didn't believe they will, different business models and platforms are looming and taking a hell of a share from casual gaming and traditional gaming platforms like consoles and all of this will add up and either provoke a major crash in the publishers, provoking the demise of many, or publishers smarten up and adapt.
Knowing publishers chances of the latter happening are slim to none. While I applaud indie titles whole-heartedly, I can count the number of indie titles on one hand that I haven't bought, played once, and deleted, sure I'd never even come back to them again. They tend to have a lower retension/play rate in my life than iphone apps. |
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