Is the video gaming industry crashing?

The housing market crashed because the government forced banks to hand out loans to people who couldn't pay them back. This is completely different. It might contract a little but it's not going to collapse.
Gaming is a mainstream entertainment venue now, it has an unlimited pool of revenue to draw from unlike the 80s. The most you might see is lootbox dependent companies like EA lose value if lootboxes get regulated worldwide.

We've had this conversation about the industry for the past 13 years now and it hasn't happened yet. The "AAA" titles have been mediocre disappointments for anyone with a brain since ps3/360 however there have been a lot of developments that have helped the industry, like twitch/youtube providing free advertisement, the push to digital only and the general acceptance of the casino-fication of games regardless of genre.

Lootbox regulation alone wouldn't do it, and by the looks of things the next logical step for the industry is a netflix of videogames, which would likely see the industry grow, not crash.

But that is to assume that video games have transcended being a fad. The problem is that games and nerd culture is just another fad like way back when, it even has the same traits. Not to mention if we are talking about the entertainment industry as a whole when it comes to mainstream media those kinds of things are dying out with many people moving to other venues of alternative media. Hence why all the panic and slam pieces such as youtbers/other outlets and whatnot as well as corporate takeovers.

been this way since 2007 zoomie

The industry was moving towards China and trying to make money off the untapped Chinese middle class that has exploded thanks to the banks transferring all the wealth of the west into the east, but the Chinese regime is always calculating the social/economic impact of letting the citizenry waste perfectly good man-hours on uselessly playing video games. Some major publishers who burned their bridges, shat on their reps too hard might go down--like Blizzard--but the industry is bigger and easier to enter than ever before. Just means AAA games could stop being made and a return to lower-budget jank serving a niche instead of designed-by-committee WOKE games designed for everybody.

But the market didn't absolutely shit itself like it did in 2007 you mongoloid

It's not crashing, it's just changing.

thats because your parents bought you the games back then

Its not crashing its improving

Bitch please been buying my own games since FreeSpace 2. The market is down downhill and you know it. Yea Forums back then didn't listen to my rants about micro transactions and nickel and diming in the advent of horse armor dlc and deadspace 3 yet here we are now in the era of loot boxes and purchasable cosmetics being the norm. Sit the fuck down.

Its not crashing its dying

Will communist propaganda leak to our games?

sure you did zoom zoom

'83 - '84 is gonna be smalltime compared to the coming crash as it won't be limited to consoles and North America. There will be no survivors.

>some big companies making terrible decisions
>they do less than their previous averages
>OH NO IS THE INDUSTRY CRASHING?
As long as the demand is there, it's just shifting the focus of who's winning in the industry.

We will see a western AAA crash as nobody will want to buy overpriced mobile trash disguised as a normal game.

The vidya industry can't really crash anymore.
It's too easy to get and make games now for it to ever really die.
However I do think we might see a serious backslide in budgets if people stop buying overhyped underproduced AAA garbage.

One thing that keeps me cling on to life is that one day normalfags will stop playing video games and it'll go back to being a niche hobby, one day..

Only for western devs.

99% of indies are shovelware garbage nobody cares about.

2 American AAA corporations going down the shitter =/= entire industry crashing. Japanese and European devs are doing better than ever and America will be forced to make equally good games to compete.

>The industry isn't that dependent on China yet.
Blizzard and Sega already heavily relay on them

One day people will stop watching films in their home and it will be a nice hobby.

Everyone I know owns a game console, or has games on their computer. Just because you're disappointed by companies failure to deliver what you want doesn't mean the normies aren't getting the little bit of dopamine they want out of the game. In the end unless you work AAA you'll be unaffected as you're clearly not part of the audience.

Even though those are long irrelevant companies, if they need to they'll just design their games to rely less on China. It's hardly something that could cause an industry crash.

>The Japanese anime game market crashes instead as Otaku are blamed for Japan's problems and nobody buys the $200 limited editions with a body pillow.

Where have you been? Don't need the Chinese for commie propaganda.

To everyone saying it's dying, I'm sorry but you are a special type of idiot. An industry can't die while the demand still exists. Even if it was outlawed it wouldn't die, you know, like the hard drugs market. So please, just leave the thread, Yea Forums, the internet and go read a book about economics, or any book really. You are not fit to talk in public. Bye.

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>western shit

What would the vidya industry crashing mean?

There was a time people begged for nerd stuff to become mainstream, what an absolute hellscape they've created.

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yeah like telltale

Or visceral games

>>Chinese middle class that has exploded thanks to the banks transferring all the wealth of the west into the east,
Do you seriously believe that bullshit? You're talking as if economies can't grow

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The 80:20 rule applies at every level. The point is that even if every AAA studio and publisher fails there will still be new games worth playing

Not likely, however I do think games are fundamentally changing and being designed to appeal to everyone in the world, which is making them generic and dull. Can you imagine a future where the new FPS game doesn’t allow blood or discussion of certain issues to not piss off Chinese censors? I can.

99% of AAA games are shovelware garbage that only capeshit-watching tasteless bugmen cares about.

Blizzard has Korea to prop them up, they'll be fine

That's true nowadays though.

Proxy wars between the east and west through video games soon

The housing market crashed because of the "principal-agent problem." There's no such thing as "the bank," there's only officers, shareholders, and employees. When officers get performance-based pay, they have no reason not to make bad loans, because they increase short-term profits and therefore executive bonuses. The bank fails (or is bailed out) in the medium term, but it's not like the officers are going to return the money they extracted in the mean time.
Hey, speaking of which, this sounds a decent amount like the video game industry...

video games need to go back to being a niche hobby and AAA game developers need to die

Normies can just play mobile cellphone games and nerds and hardcore gamers can enjoy pc and console games again

Don't forget the absolute lack of quality control.

>But that is to assume that video games have transcended being a fad.
I loled
Games are more popular than movies and TV put together