Gamers around the world are going to feel the pain in the 2009 holiday season after the economy shakes apart many great development studios. Electronic Arts feels the pain of being a public company as their investors complain about lackluster revenue, THQ deals with closing studios to extend their runway and other firms will lose more headcount in the coming months.
It’s not all bad. But, it’s going to get ugly before it gets better.
The financial market has played tricks on everyone in our global economy and companies across all industries are going to feel a bit of a tightening around the belt. Investors are shaken and doing their best to protect their investments and cutting loose those that aren’t projecting profits in the near future. Game studios are going to slow their financial burn rates, trim a bit of the fat and hunker down the long term. The end result, next years holiday season will have a few less games because those games are being dropped to the floor now.
Mid-sized studios within larger firms may find their projects canceled or put on hold and their employees re-structured or let go while big studios assess what projects will make the long haul. This is the ugly side of the business, having to make a decision on what games stay and what games go with the grief of having to tell some of your best talent “goodbye.”
The bad part of the industry is occurring today, with publishers posting mediocre profits and trying to convince their investors to be patient and trust they’ve got a firm hold on their destiny. The game industry is not alone in this, many firms are reducing head count and many startups are finding themselves without series A or B funding; they’re closing their doors because the money is being directed to more stable ventures.
What’s the good in all of this?
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Left for Dead was by far my favorite game from the 2000’s. Never gets old.
I’d have to say that Elder Scrolls: Oblivion is my favorite game from the 2000’s as it was such a beautiful game at that time and it had such charm with everything from the soundtrack to the NPC’s. It was a wonderful game.
@EA not green-lighting any single player games: In my opinion, I would rather have a grander single-player experience rather than a tacked-on multiplayer with little substance. I like to go from one game to another, and multiplayer doesn’t do much for me if it isn’t the main focus of the game (ex. Team Fortress 2).
@Wii U: I am quite excited for this and I will definitely be saving up the money to buy the Premium Edition and a ton of games next summer. Also I really love the fact that it will not only have an HDMI cable included, but also a charger for the Gamepad. That way I won’t have to buy any additional items or accessories which would all add up to a higher price than what is shown on the box.
The 32GB of storage doesn’t bother me because I barely buy anything digitally so I don’t really need the space.
List of games that I would like to play on the Wii U:
-Bayonetta 2
-Epic Mickey 2: The Power of Two
-Game & Wario
-New Super Mario Bros. U
-Pikmin 3
-Rayman Legends
-ZombiU
-BIT.TRIP Presents Runner 2: Future Legend of Rhythm Alien
-Trine 2: Director’s Cut