Entries in ‘recession’ (18)
Blog: 2010 – Let's call it a comeback
We recently pointed out that the industry has pretty much reconciled itself to the fact that 2009 will not be as stellar a year for games as 2008 was.
Blog: Trade's not boxing clever
In MCV one year ago exactly, I said that all bets were off as to whether video games were really recession proof on the High Street. Despite bumper revenues last year, it was clear to everyone that the games industry’s climb up the rollercoaster was about to end.
Features: Good times are ahead
All three segments of the video game category have in each of the past four months shown declines versus the same period last year. Does this mean that its ascent has come to an end and that we are now looking at continuous declines in the future? Hardly!
News: Further decline in UK economy
Quarterly decline is more than twice what was predicted
News: Could price-cutting be over in 2009?
Argos ticket increase could spell the end of widespread discounting, as pressure for profit mounts on High Street
News: Pre-owned purchases at “all time high”
Recession effect surfaces as research shows that gamers are playing more per week than ever before
News: New low for non-food retailers
Fall in May spend leads think tank to claim UK is in final part of recession
News: Sony to halve its 2,500 suppliers
Extraordinary move will see the electronics giant save £3.3bn; PlayStation business affected
News: One in four UK households owns a console
Harris Interactive study finds that recession is proving good news for games retail
News: Budget 2009: Economy turnaround ‘by 2010’
Economy promised to grow 1.25% by 2010 and 3.5% by 2011, Cameron and analysts oppose view
News: Activision Blizzard considering further acquisitions
President and CEO Mike Griffith says cash piles and depressed prices could lead to swoop
News: Riccitiello: EA got too fat and too reliant
EA boss states that recession could be “a blessing in disguise” as it will force needed reform for industry
News: Recession threatens new IP push
Analyst claims that publisher cost-cutting will limit the opportunities for new IP and ideas
News: Casual gaming can "thrive" from recession
Some of the biggest companies in casual gaming say economic hard times could see sector boom
News: UK officially enters recession
Largest quarterly GDP drop since 1980 means nation is in recession for the first time since 1991
News: NPD: Games industry “already being affected by the recession”
Firm says that less than expected growth in North America shows gaming is not immune to global economic downturn
News: UK economy suffering “frightening deterioration”
Analysts report the worst December retail figures the country has ever seen; recession to be confirmed on January 23rd
News: Core Gamers crucial to surviving recession
Analysts predict industry will depend on traditional audience to stay afloat
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