Thursday, January 12, 2012

Gaming Shrinkage

As internet streaming and downloads have impacted television, dvds and cds, so is it impacting another area of entertainment (and animation):

... [T]he video game industry saw sales drop 8% last year despite a deluge of highly anticipated titles ...

Some ... dollars have migrated to online, social and mobile games, as well as games that are digitally downloaded ... "December was very rough," [Anita] Frazier, NPD's game analyst,] said. "Because of the great slate of content that came to market during the fourth quarter, I had expected December sales to represent a larger portion of total-year sales than what occurred. ...

Lowered expectations and revenues. Sound familiar?

As the music industry was pushed from its business model of silver disks sold in brick and mortar stores a decade ago, so now are other leisure-time industries getting shoved. The video game industry is just the latest example. Everything is shifting to the internet cloud. Everything is getting priced in new and not always exciting ways.

Changes in the conglomerates' revenue streams are going to continue. Whether the conglomerates like it or not.

5 comments:

Chris Sobieniak said...

And more people are just going to buy in the fact they don't really OWN anything anymore.

Anonymous said...

I know. Why should I own video games if I don't own air, water, and the ground beneath my feet. Corporations own everything, we rent.

Chris Sobieniak said...

And I'm sure that's how they want it.

Anonymous said...

I'm not in favor of how companies have been running the industry but the internet has had a rising disturbance for future markets.

Take internet marketing for example. Companies have begun tracking our purshases online or losing the possibilty to view the product we are about to purchase, we lose costumer and salesperson relationships. Even on communities, such as open air markets, market districts, the latter is more of a cultural issue. This to name a few.

I can't predict what the future holds for the markets, either positive or negative but there are some serious issues and it is something to think about. And I understand the concerns of buisinesses out there.

Chris Sobieniak said...

I'm of the opinion they're forcing us back into our 'boxes' like mice, and never give us a real opportunity to do anything of external stimulation from outside it.

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