GamingThe games industry isn’t in crisis. It’s a reality check | Opinion
Another set of financials, another bunch of arrows pointing downwards and another batch of bleak-sounding headlines.
What a difference a year makes. Last January saw three multi-billion-dollar acquisition announcements. First, Take-Two and Zynga. Second, Microsoft and Activision Blizzard. And then sneaking in at the end, Sony and Bungie. Back then video games seemed like an unstoppable force. Today? Nerves are on show.
To understand what’s really going on, it’s worth taking a step back.
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