"Challenges and Dominance: Insights from Game Industry Leaders and Developers"
Originally Published 2 years ago — by GamesIndustry.biz
Industry leaders in the video games sector are anticipating up to two years of financial hardship, with closures, restructures, and layoffs expected due to high interest rates, oversaturation of game releases, and cautious investors. The abundance of games being released across all platforms is a growing concern for publishers, leading to a need to return to pre-pandemic release levels. While the industry faces unique challenges, there is still optimism for investment and the emergence of a more sustainable and wiser games industry in the future.
