IGN - Big games and big companies are struggling. Is the AAA video game endangered?
The Industry's stuck in a rut, believes that only AAA games are valid. They painted themselves into a corner with the Xbox 360 and PS3, HD gaming, and the only way its going to get out of it is by bringing back less than high-value/high yield production because most don't deliver.
The sad part is I suspect this focus on blockbuster titles is only going to increase with the onset of the coming console generation.
The industry is hurting. We've come to the point where now some companies consider games that sell 2 million units and beyond unprofitable and as a result more and more developers are closing. Even the numbers touted in this podcast about console sales are still much lower than previous years. Hell March was supposed to be a big month for all the consoles & yet there have been reports of declines in sales from February which is usually a slow month. AAA games just aren't the bread winners they once were.
Partly becuz corporations looked mainly into the American market as their targeted consumer and mis-calculated the buying power of american consumers. Many american companies are realizing just now that china is the future. The next big market is the asian continent. China, japan, korea, and their little sisters. Lets exclude north korea cuz its a hermit country. American product sales are increasing year over year in china and declining year over year in the usa. Its quite sad, unless americans realize this and do something, its going to be like what fox news said about america, "america is the next roman empire" about to fall.
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