Mark Isaacson says "Ultimately, E3’s future isn’t an easy question to answer. There are so many variables, so many things that can go right or wrong and so, so much more that constantly evolves as technology progresses. There’s still a place for the event, whether in a physical space or simply as a name for everything to fold in together like a nice, neat package, so it isn’t quite going away any time soon."
It does have a place, in the past