Video game market could collapse according to this article.

[Greg2600]

Given the sheer numbers of PS4/One consoles sold this month, I kind of doubt any crash is coming.

[camarotuner]

Given the sheer numbers of PS4/One consoles sold this month, I kind of doubt any crash is coming.

The original collapse of the gaming industry in 83/84 wasn't caused by lack of sales it was caused by too much crap on the market and the backlash of customers refusing to continue to purchase it. If you want to read something interesting Spielburg (spelling?) has been warning of a major "restructuring" of Hollywood due to a lot of similar concerns being raised in the gaming industry.

[Zthun]

The original collapse of the gaming industry in 83/84 wasn't caused by lack of sales it was caused by too much crap on the market and the backlash of customers refusing to continue to purchase it. If you want to read something interesting Spielburg (spelling?) has been warning of a major "restructuring" of Hollywood due to a lot of similar concerns being raised in the gaming industry.

Um....isn't that the definition of lack of sales?

Honestly, the majority of the arguments in that article are not going to be the reason the market collapses. The only one with merit is the out of control budgets. Once the cost to make games exceeds the profits made from them, then it's an unsustainable business model and everything will come crashing down. The price of games will rise, nobody will be able to afford them, and people will stop buying them. It's no different than any other market.

[camarotuner]

Um....isn't that the definition of lack of sales?

Not exactly, it was the backlash from the mountain of sales of crap. THEN a complete lack of sales. But if they hadn't flooded the market with regurgitated garbage and killed consumer interest the market wouldn't have crashed. Basically they shot themselves in the foot. If the industry continues to crank out sequel after sequel on an annual basis and not take risks they run the risk of the same thing happening. But honestly right now people seem perfectly happy to buy the same game annually and they'll just keep making them. It's if suddenly people DO get tired of call of duty part 20, assassins creed 10, and halo 12 that they'll have a massive problem on their hand as they count on those revenue generating series to fund everything else.

[WCP]

Given the sheer numbers of PS4/One consoles sold this month, I kind of doubt any crash is coming.

Yeah, I mean 2 million for each of them, is pretty impressive indeed, and there are still a lot of days till Xmas. Could they both sell 3 million worldwide by New Years day ?