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Why is the video game industry in crisis? (sh.itjust.works)
submitted 3 months ago by Zeppo@sh.itjust.works to c/outoftheloop@lemmy.world
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I keep hearing about layoffs, studios being closed and how the industry is troubled. Are companies losing money and sales are poor, or is it the same as Google and other companies laying off people just to pump their stock price and make money despite profitability?

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[-] Semi-Hemi-Demigod@kbin.social 4 points 3 months ago

Also because of this, they are only pumping cash into big titles that are good bets for return, so nobody wants to spend money on a gamble.

Sounds a lot like the movie industry

this post was submitted on 08 May 2024
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