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1. www.ft.com › content › cc6bd66c-6341/4367/85cc-86dGame over? Industry suffers slowdown after decades-long ...

   www.ft.com › content › cc6bd66c-6341/4367/85cc-86d

   Feb 17, 2024 · The $200bn video games industry is reckoning with its biggest slowdown in 30 years, as the huge growth driven by smartphone gaming and the latest generation of consoles reaches its limits.

2. www.gamesindustry.biz › what-the-hell-is-going-onWhat the hell is going on with video games? | Analysis

   www.gamesindustry.biz › what-the-hell-is-going-on

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   Oct 31, 2023 · There's been a reported 6,000 jobs lost in 2023 so far. We've seen Ubisoft cancel games and restructure the business, Volition close down, Epic cut more than 800 staff, and redundancies at Bungie...

   • Author: Christopher Dring

   • Occupation: Head of Games B2B

3. www.gamesindustry.biz › cheap-money-and-bad-betsCheap money and bad bets: How the games industry turned ...

   www.gamesindustry.biz › cheap-money-and-bad-bets

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   Sep 16, 2024 · And, in many ways video game companies were able to go on spending sprees because of the dotcom crash and the global financial crisis that happened at the end of that decade.

   • Occupation: Contributor

4. metro.co.uk › 2023/10/08 › the-video-games-industryThe video games industry is broken and will not survive for long

   metro.co.uk › 2023/10/08 › the-video-games-industry

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   Oct 8, 2023 · A reader is pessimistic about the video games industry's future and worries about what will be left if it suffers another market crash.

   • Video Duration: 6 min

   • Author: GameCentral

5. www.geekwire.com › 2023 › the-state-of-video-gamesThe state of video games: Big releases, bigger layoffs, and ...

   www.geekwire.com › 2023 › the-state-of-video-games

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   Nov 1, 2023 · Despite its vast mountains of Fortnite cash, Epic Games had one of the largest layoffs in the games industry in early October, dismissing more than 800 employees. (Epic Games Image)

6. metro.co.uk › 2024/02/19 › 1983-video-game-crashHow the 1983 video game crash offers a warning for today's ...

   metro.co.uk › 2024/02/19 › 1983-video-game-crash

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   Feb 19, 2024 · The 1983 video games crash was a bubble ready to pop for several reason, but the most important one was the oversaturation of consoles available on the market.

7. People also ask

   Why did video games crash in 1983?

   • Looking back in time, you can see a worryingly similar story during the 1983 home video game crash, when the industry’s revenue fell by 97% because of another gross overextension. The 1983 video games crash was a bubble ready to pop for several reason, but the most important one was the oversaturation of consoles available on the market.

   How the 1983 video game crash offers a warning for today’s world - Me…

   metro.co.uk/2024/02/19/1983-video-game-crash-offers-a-warning-todays-world-20213778/

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   Is the video games industry slowing down?

   • The $200bn video games industry is reckoning with its biggest slowdown in 30 years, as the huge growth driven by smartphone gaming and the latest generation of consoles reaches its limits. Hardware sales are slowing, with Sony cutting its forecast for PlayStation 5 sales this week.

   Game over? Industry suffers slowdown after decades-long winning streak

   www.ft.com/content/cc6bd66c-6341-4367-85cc-86d274102378

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   Why are video games so bad?

   • Video games are so entrenched in modern culture it seems like something like that could never happen again, especially as the reason for the crash was over production of poor-quality titles. That’s a problem that doesn’t really exist today (not that we don’t have bad games, but nobody ends up burying them in a landfill when they don’t sell).

   The video games industry is broken and will not survive for long

   metro.co.uk/2023/10/08/the-video-games-industry-is-broken-and-will-not-survive-for-long-19622474/

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   Is the video game industry being laid off?

   • It feels like every passing week people in the video games industry are being laid off, from publishers and developers big and small, including Microsoft’s Activision Blizzard and Bethesda, Fortnite maker Epic Games, and League Of Legends creator Riot Games.

   How the 1983 video game crash offers a warning for today’s world - Me…

   metro.co.uk/2024/02/19/1983-video-game-crash-offers-a-warning-todays-world-20213778/

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   How did Arcade Attack ruin the video game industry?

   • David Crane, co-founder of Activision, and someone who once had worked at Atari, later told Arcade Attack: ‘Those awful games flooded the market at huge discounts, and ruined the video game business.’

   How the 1983 video game crash offers a warning for today’s world - Me…

   metro.co.uk/2024/02/19/1983-video-game-crash-offers-a-warning-todays-world-20213778/

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   What happened to Ubisoft?

   • We've seen Ubisoft cancel games and restructure the business, Volition close down, Epic cut more than 800 staff, and redundancies at Bungie, Relic Games, Creative Assembly, BioWare, Embracer, Team17, Media Molecule, Microsoft, Frontier, Twitch … the list goes on. It's not just job losses, but there is a drop in available jobs, too.

   What the hell is going on with video games? - GamesIndustry.biz

   www.gamesindustry.biz/what-the-hell-is-going-on-with-video-games-analysis

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8. www.bbc.co.uk › news › technology-58281812Computer Space and beyond: 50 years of gaming - BBC News

   www.bbc.co.uk › news › technology-58281812

   But the decade nearly witnessed the demise of the rapidly-changing industry, in the video game crash of 1983. Market saturation and waning interest in home gaming saw revenues drop from...