Quote Originally Posted by Bojay1997 View Post
In theory though, if the big publishers take the advice of many of these articles and focus on more niche and lower budget approaches to game making, it's possible the large numbers of gamers who like the bigger budget games could become bored and simply move on to some other form of entertainment. The big publishers could in fact face financial collapse by doing the very thing you are advocating as the overall video game market could contract as a result of a lack of compelling big budget content.

To your other point, I personally see studio closings as a good thing as it tends to weed out those that release mediocre title after mediocre title and the most talented members of those teams go somewhere else, hopefully to create the great games they are capable of creating. Compelling IP ends up getting resold or licensed to others and again the cream rises.
Then what they need to do is make some of both so everyone gets what they want. I would buy SNES/PS1 style console RPGs every time one comes out.