Video game crash

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Keepitoldschool

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#1 Keepitoldschool
Member since 2012 • 143 Posts
Is the video I game industry heading towards another late 70s esque industry crash?? Discuss!!
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Pedro

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#2 Pedro
Member since 2002 • 73862 Posts

I don't know about a crash but it is in jeopardy even though many are pretending that everything is fine.

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Archangel3371

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#3 Archangel3371
Member since 2004 • 46850 Posts
No. It is firmly entrenched in society, much moreso then it was back then. These days there's so many devices that cater to gaming that I don't ever foresee a crash. Of course there will be the typical ups and downs.
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Pedro

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#4 Pedro
Member since 2002 • 73862 Posts

No. It is firmly entrenched in society, much moreso then it was back then. These days there's so many devices that cater to gaming that I don't ever foresee a crash. Of course there will be the typical ups and downs.Archangel3371

However the cost for modern gaming is grossly inflated and the market is struggling to maintain the cost.

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Archangel3371

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#5 Archangel3371
Member since 2004 • 46850 Posts

[QUOTE="Archangel3371"]No. It is firmly entrenched in society, much moreso then it was back then. These days there's so many devices that cater to gaming that I don't ever foresee a crash. Of course there will be the typical ups and downs.Pedro

However the cost for modern gaming is grossly inflated and the market is struggling to maintain the cost.

Well if need be I think they can adjust more accordingly to the market if push came to shove much more then they ever could have in the past.
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MathMattS

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#6 MathMattS
Member since 2009 • 4012 Posts

Well, some people have said that consoles are being threatened by mobile gaming via iPad, iPod, etc. I hope it's not true.

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StinkoryJones

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#7 StinkoryJones
Member since 2012 • 46 Posts

Well, some people have said that consoles are being threatened by mobile gaming via iPad, iPod, etc. I hope it's not true.

MathMattS
I hope not either.... Even though I don't think they cater to the exact same market. Although mobile computing powered has increased exponentially recently I doubt it will ever see eye to eye with console or pc gaming.
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El_Zo1212o

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#9 El_Zo1212o
Member since 2009 • 6057 Posts
If the Big 3 ever implemented the much rumored anti-used-games idea, I think the industry would crash due to sheer outrage on behalf of the gaming public. I posted a poll around here somewhere and I came up with approximately 80% saying they wouldn't buy a console that didn't allow them to play used games.
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Teuf_

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#10 Teuf_
Member since 2004 • 30805 Posts

I'm not going to hold my breath.

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Vari3ty

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#11 Vari3ty
Member since 2009 • 11111 Posts

I don't know if we'll see an 80s style crash, but the market right now is in a lot of trouble. The costs of development have only continued to rise and will do so in the next console gen as well, most likely. I was just reading an article that said Kingdoms of Amalur: Reckoning was considered a failure, as it only sold 1.2 of 3 million copies needed to be successful.

Those kinds of stats make me worry about the future of the industry.

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CarnageHeart

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#12 CarnageHeart
Member since 2002 • 18316 Posts

If the Big 3 ever implemented the much rumored anti-used-games idea, I think the industry would crash due to sheer outrage on behalf of the gaming public. I posted a poll around here somewhere and I came up with approximately 80% saying they wouldn't buy a console that didn't allow them to play used games.El_Zo1212o

Online polls don't have anything to do with the real world. CoD is despised by many of the sorts of people who hang out in videogame forums (including me) but IRL its massively popular. The same could be said of the Wii. Fewer online fans than the GC did, but its sales are five times that of the GC.

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CarnageHeart

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#13 CarnageHeart
Member since 2002 • 18316 Posts

I don't know if we'll see an 80s style crash, but the market right now is in a lot of trouble. The costs of development have only continued to rise and will do so in the next console gen as well, most likely. I was just reading an article that said Kingdoms of Amalur: Reckoning was considered a failure, as it only sold 1.2 of 3 million copies needed to be successful.

Those kinds of stats make me worry about the future of the industry.

Vari3ty

The Amalur thing is insane. Keep in mind that the team of 380 people :o burned through a loan guaranteed by the state of Rhode Island not only developing Amalur, but also some MMO that supposedly was almost done when they collapsed. There was a lot of delusion optimism (the break even point for the game was 3 million, a number very few original games hit) and extravagant waste there.

For example, they hired guys like RA Salvatore and Todd Mcfarlane for huge amounts of money. Both guys are commercially successful, but wayyyyy past their prime (RA Salvatore seems to get worse with each book and Spawn jumped the shark years and years ago). Unsurprisingly the world and they story they crafted were completely generic.

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MirkoS77

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#14 MirkoS77
Member since 2011 • 17968 Posts

I think gaming needs a good fire to sweep through the industry to clean things up at this point. Every E3 for the past few years has gotten worse and worse, and this year keeps up that trend and then some. These press conferences are absolutely pathetic. They're like bad SNL skits. For all that they show, which is barely anything, how do they make it last hours? I remember when E3 was awesome. New incredible IPs being announced left and right, now I'm very grateful to simply see a sequel to an already established IP, that is IF it's not being bastardized and casualized down to garbage, which now seems to be the case with many of them.

What the f*ck? What and why is this happening to gaming?? How did it get to this point? I can't see this industry supporting itself if things continue the way that they have. I mean, I no longer hold out hope for ANY new game announcements, and for those that are are usually ruined by some new type of DRM or other bullsh!t. I have no doubt the new console generation is going to introduce some horrible system that will f**k us consumers right up the ass even further. You know what? I'm actually HOPING that new hardware won't allow used game sales, because I think that is ONE thing gamers will not stand for and support and it will be just what's needed for us to stand up to these companies and say enough is enough.

I love gaming, alway have and always will. But for a multi-BILLION dollar industry, the current state it's in is very, VERY sad.

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Black_Knight_00

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#15 Black_Knight_00
Member since 2007 • 78 Posts
Is western society heading towards a a social and economic crash? Discuss
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CarnageHeart

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#16 CarnageHeart
Member since 2002 • 18316 Posts

I think gaming needs a good fire to sweep through the industry to clean things up at this point. Every E3 for the past few years has gotten worse and worse, and this year keeps up that trend and then some. These press conferences are absolutely pathetic. They're like bad SNL skits. For all that they show, which is barely anything, how do they make it last hours? I remember when E3 was awesome. New incredible IPs being announced left and right, now I'm very grateful to simply see a sequel to an already established IP, that is IF it's not being bastardized and casualized down to garbage, which now seems to be the case with many of them.

What the f*ck? What and why is this happening to gaming?? How did it get to this point? I can't see this industry supporting itself if things continue the way that they have. I mean, I no longer hold out hope for ANY new game announcements, and for those that are are usually ruined by some new type of DRM or other bullsh!t. I have no doubt the new console generation is going to introduce some horrible system that will f**k us consumers right up the ass even further. You know what? I'm actually HOPING that new hardware won't allow used game sales, because I think that is ONE thing gamers will not stand for and support and it will be just what's needed for us to stand up to these companies and say enough is enough.

I love gaming, alway have and always will. But for a multi-BILLION dollar industry, the current state it's in is very, VERY sad.

MirkoS77
Its the tail end of the generation. Historically fewer and fewer new ips are released as a generation progresses. Also, as I said before this E3, E3s are meaningless. They have a bunch of stuff which is supposed to influence conference attendees (I mentioned elaborate booths and scantily clad women but swag and celebrities should also be on the list) which often result in people praising games no one in the real world cares about. Winning E3 is contingent upon 'surprises' but IRL no one when a game is announced, its the quality of the final product that matters. I recently came across a hilarious article which makes the same point (I highly recommend reading the full article). ---------- http://gameological.com/2012/06/e3s-greatest-mysteries/ Each spring, the Electronic Entertainment Expoknown colloquially as E3appears like a mirage amid the sun-baked parking lots of downtown Los Angeles. For three surreal, press-conference-filled days (and open-bar-filled nights), video game purveyors from around the world gather together to puff their chests, play techno music from very large speakers, and generally attempt to elbow one another out of the way via announcements/pronouncements, news, and absurdist boasts. What happens at E3 does not adhere to the logic or, more importantly, to the ethical standards of the outside world. And why should it? No one holds anyone accountable for anything at E3. Attending the show is akin to watching a pair of monocle-sporting zillionaires engage in a game of one-upmanship. So youre giving away T-shirts? Were giving away USB-drive keychains. You have Tiger Woods at your press conference? We have The Beatles at our press conference. Youre picking up journalists in Humvees and doing your demos in the backseat? Were picking them up in Apache helicopters and doing our demos at 8,000 feet while feeding them gourmet hamburgers. -----------
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#17 Sagacious_Tien
Member since 2005 • 12562 Posts
Definitely. The industry is in trouble - and Oddworld Inhabitants and Nintendo saw it years ago. The Indie is getting bigger, and costs are just going well above what was once considered acceptable. The rise of DLC and downloadable games which sees developers receive bigger shares of their revenue is slowing down the inevitable doom for the gaming industry, but it does need a shakeup. The technology and the personnel required to now create titles is well beyond what most can do to sustain.
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Dracula68

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#18 Dracula68
Member since 2002 • 33109 Posts
Is the video I game industry heading towards another late 70s esque industry crash?? Discuss!!Keepitoldschool
TC, Google can save you. It was not the 70's...lol I was not that damn young when it happened.
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Keepitoldschool

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#19 Keepitoldschool
Member since 2012 • 143 Posts
[QUOTE="Keepitoldschool"]Is the video I game industry heading towards another late 70s esque industry crash?? Discuss!!Dracula68
TC, Google can save you. It was not the 70's...lol I was not that damn young when it happened.

I was referring to the video games crash of the late 70s in which manufacturers sold there stock of older machines at a massive loss to help clear the backlog leading to many people buying slightly older machines rather than the pricier newer machines. I should have been more clear in my first post I'll take a second go. Do people feel that with the availability of cheaper alternatives (360, wii, ipad, onlive) to next generation consoles (wiiu, 720) will people be happy to not buy this next generation and the resulting loss of revenue especially considering the vast amounts spent to develop this next generation cause major players in the industry to withdraw rather then risk losing even more money. This would obviously affect companies like Nintendo a lot more as they only operate in the gaming industry.