Games Sales Are Down: Pointing Out the Elephant in the Room Edition
In America we have a great tradition of putting things on a high enough pedestal to cause serious damage when we knock them off. We build everyone from politicians to athletes into heroes and then celebrate the inevitable indiscretion with excessive coverage in our 24 hour news cycle. Celebrities are followed and pestered until they slip and the media highlights box office failure more readily than the hits. As an industry, we enjoyed the ride to the top, so I guess we must hold on for the ride back down. For the past year the media trumpeted the video game business as the only thriving business during the world wide recession. We were the lucky ones, people still wanted to play games and we were the beneficiaries. No one seemed to mention the publishers were all still suffering losses associated with the console shift and games were late, the focused on aggregate numbers. Lucky us. But then, last week, we learned misery loves company. The coverage shifted to the fall of...