Pachter: E3 Was A 'Terrible Disappointment'

While Wedbush Morgan's Michael Pachter had previously said that imminent price wars was to be the "key takeaway" from this year's E3, with the show now over, Pachter more glumly has said "the key takeaway from this year's E3 was that the ESA made a mistake in downsizing the show."

[kewlkat007]

Now who's Idea was it to take away "Hot Both Babes" only to replace them with properly dressed decent looking reporters?

As a whole, nothing at E3 2007 really blew me away.

Too much I already knew. So my Expectations were not as high. Just new videos. Some were good, some great and some like, yeah, yeah, release the game already.

The old E3 used to be the "OSCARS" of gaming Expos, now more like Screen Actors Guild Awards.

[ChickeyCantor]

but wasn't E3 announced dead a time ago?
as in it wont be done anymore? i'm confused that there was a E3 this year....

[The Swordsman]

This year's E3 just lacked that feeling of scale that the past E3 conventions had. Not just do the smaller, independent companies lose out, the businesses near the convention, which would all have been making huge profits thanks to the incredible amount of gamers that visited the area during past conventions, would make very little now.

[co_ray]

Who listens to analysts? I hate them..oh yeah 360 price cut? nope, Pachter wrong again...analysts should just shut up..E3 was fine with me..i got the game info i wanted, and watched it all on gamespot.com

[binard328]

I don't know why people actually believe this guy. I'm sure he's had some credit in the past, but now, why bother even posting this news.

[Cupid-Stunt]

There were no huge suprises, i was hoping for eight days, test drive unlimited 2, 2 days to vegas. Moore trying to play guiter was funny, then he paused the game lol. Hopefully TGS will bring some greatness lol.

[felidae]

i don't like this pachter guy...

[ArduousAndy]

there was nothing wrong with this years E3. We got to see the games the companies were pushing. Thats it. The only thing that has changed is scale and the idiots that were always getting in are no longer there.

Do you really need people from all over gamestop and Ebgames going? No what you need are people there with the games the reports there to report on the games and thats it.

Less people = shorter lines = more in depth hands on.

[XENOCIDE]

I don't follow these analysts, for what? They make a profession outta guessing n' gettin' folks rilled up n' such. They mas as well be in the psychic field. So who this guy is n' what he's said in the past I don't know but I do know that E3 is now something horrible. Nothing took me back, nothing blew me away, nothing made my mouth drop n' this is the first time in the 6 or so years that I've been following E3 that this has happened. There were decent trailers, yes. But what of the major announcements n' such? It's a disgrace to the old E3 to keep calling this new...b.s. "E3".

[Adamalicious]

I think it remains to be seen if it was better or worse, ultimately, for the industry. If the point is just to generate a ton of "buzz" or "hype" then maybe it was worse. But if the point is to actually get info out about what's going on in the Industry to the press and thereby gamers I think it's probably better. Everything I've heard from journalists was about how much nicer it was. And I think dev's appreciated not having an imposed artificial deadline.

That being said, given some of the response this year, might try to up the ante a bit in the coming years. I tend to think the new format, in time, will prove better for the industry at large.

[Maddens Raiders]

You and your ilk are the newest forms of shamans and snake doctors profiting from fuzzy clairvoyance and overhyped crystal ball predictions. No offense Snake Doctor.

I don't blame you Micheal, for trying to earn an above average wage for your family, but honestly, your spoken thoughts on the VG industry are really no better than some of the senior the member's opinions/predictions/prognosti cations on N4G.

Good Day.

[Rhezin]

I hope it's every yeart like this, that way it gets more coverage on games and not people crowding around, I mean come on your not gonna get in anyway even if it wasn't press exclusive entry. Less people more focus on THE GAMES which is what it should have been all along. I loved it.

[Boink]

but I agree completely, no major annoucements, boring conferences...blah, blah, blah.

[OC_MurphysLaw]

but that was good imo. I think the net take away is that the press got to cover more games and more indepth than ever before because of the lack of stupid fanboys runnin all over the place.

I sat back at home and watch all the E3 coverage from G4tv and it was great! Tons of games and while there werent big announcements...there were some big things such as Killzone finally coming out. And again...while we all kinda figured it would happen...it still was big. MS's partnership w/ Disney was big as well for their movie download....brings more quality movies to the system instead of the tons of B level movies they tend to have. And Nintendo's WiiFit...well..they have potential with it...so it was not so big now...but could be later.

So, E3 really was about games....just plain and simple. Sony actually did their price cut announcement btw pretty much at E3 (two days early) so they could beat MS to the table...at least thats what the press says. But that really was part of E3.

Anyway, I do think E3 was very effective..but its not viewed now as "the only" show to care about. I think with the changes the Leipzig and Tokyo game shows will take on an even more prominent role this year. I look for some "big" announcements to hit then.

Basically these console/software companies now have 3 different shows to utilize in implementing strategy as its now truly a "global" market. So, a company like MS uses E3 to say this is what we are for 2007 figuring the other two would be posturing for 2008 as was the norm at E3. Now they can come in at Leipzig or Tokyo with "We are proud to announce here for the first time...." and it will garner as much attention as those two shows grow even bigger.