Analysts from OTX and simExchange have put forth their opinions on the current recession, and how it affects the video game industry, saying Wii owners are likely to be hit harder.
Nick Williams from OTX said that the industry "has shown remarkable resiliency to the economic downturn in recent months. However, it would be presumptuous to say that any entertainment industry is 100% recession-proof." He then said that the industry doesn't look like slowing down for the next month or two, commenting that "Thanks in large part to Nintendo's ambitious mass-market strategy, the traditional gamer boundaries have officially been broken."
Skewed and Reviewed have written an Opinion Piece covering issues in the gaming industry, how current issues were issues years ago, and what can be done to help restore consumer trust.
Nothing. It's up to the gamers to stop consuming content from companies that they don't agree with.
How do you know if you agree with it or not unless you play it? Which without conventions forces gamers to rely on trailers. Perhaps Demos should be made more frequently. But companies need to do better as well.
But is that not what they have now? Tons of gameplay or are you talking about watching actual gamers play it versus the trailers and streams? The big issue is that some companies pay streamers and influencers and they create content but for me; that is hardly a fair, unbiased, and factual look at a game.
They usually are attached to the money sadly. It would be nice to have gamers in charge but you have so much money invested that business people are needed. Hence the issue; you need people who know business but are also gamers who know have an eye to the community. It sounds simple in theory that if you give gamers quality games that they want to play; money will be made. But that is not always so.
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I can see it hitting all the consoles the same even if their is a recession. Saying that though it might hit 360 hardest because it's best market is america which is where all this recession rubbish is sprouting from.
Its actually very likely, but its not limited to Wii at all, this would effect everything from entertainment, to food.
A recession is inevitable, but we can only hope its not another "Great Depression".
I can see why the Wii may suffer the most from a recession.
After all, it vastly broadened the "casual gamer" market. These folks are not the diehard, do-anything-to get-the-games-they-want for-their-system-of-choice gamers like PS3 and 360 owners are.
Many Wiis were purchased by the average 2.5 kids/mortgage/gas-up-the-miniv an household; and these unfortunate families will feel the credit crunch and bear the burdens of recession hardest. So given the choice between gas, food, and a roof over their heads versus Zelda's Super Monkey Mario Ball VII, they will opt for the former. And in a global market, the ripples of an American recession can create troubled waters around the world.
And I doubt most moms and dads are going to take the economic stimulus check and cash it at GameStop.
That said, the gaming industry will "suffer" some setbacks in general, but is sure to continue down the path to becoming the leading form of entertainment for many generations to come.
Cheers.