Top
10°

EA: Industry decline is due to wider economy

As the evidence continues to roll out on the extent of the challenge that 2009 faced the games industry, EA's European publishing boss, Jens Uwe Intat, believes that the evidence clearly points to the wider economic situation finally hitting the industry - as opposed to the industry not living up to the increasingly higher expectations of gamers.

The company, which in the run-up to Christmas regained the number one publisher spot in Europe - pushing Nintendo into second place - hasn't been immune to the ravages of the downturn and continues to reshape its business to reflect a changing business environment.

But Intat points to the financial results from specialist retailers as a clear indication that user spending is more cautious than in 2008, with revenue from new titles falling while the second hand market continues to grow.

Read Full Story >>
gamesindustry.biz
The story is too old to be commented.