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🕹️ Join us as we delve into the current state of the gaming industry as a flurry of studio closures, job losses, and major tech players are pulling back from their gaming investments, sparking fears of a looming collapse reminiscent of the 1980s. But are we really on the brink of disaster? In this deep dive, we explore the root causes behind the industry's turmoil, from economic shifts to corporate missteps. 🎮✨

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Why Video Game Layoffs Aren't Done Yet I Extra Credits Gaming

🕹️ Don't play games with your hunger. Check out Factor and use code EXTRACREDITS50 to get 50% OFF the First Box. You'll get free wellness shots for life with any active subscription at https://bit.ly/4auXOcq ! Join us as we delve into the current state of the gaming industry as a flurry of studio closures, job losses, and major tech players are pulling back from their gaming investments, sparking fears of a looming collapse reminiscent of the 1980s. But are we really on the brink of disaster? In this deep dive, we explore the root causes behind the industry's turmoil, from economic shifts to corporate missteps. * Watch us ad-free & 24-hour early access on NEBULA https://go.nebula.tv/extracredits * * Get exclusive content & 24-hour early access on PATREON https://bit.ly/EHPatreon * * Show off your fandom with MERCH from our store! http://extracredits.store/ * * Interested in sponsoring an episode? Email us: extracredits@standard.tv * TWITCH: https://bit.ly/ECtwitch I TWITTER: http://bit.ly/ECTweet TIKTOK: https://bit.ly/ECtiktokz I INSTAGRAM: http://bit.ly/ECisonInstagram FACEBOOK: http://bit.ly/ECFBPage I BLUESKY: https://bit.ly/ECBlueSky HISTORY/MYTHOLOGY: https://www.youtube.com/extrahistory *Thanks for the high-quality conversations & for following our community guidelines here: https://bit.ly/ECFansRNice ♪ "Penguin Cap" by CarboHydroM - http://bit.ly/1eIHTDS I "Extra Extra Life" by Tiffany Roman Artist: Scott DeWitt I Writer: James Portnow I Narrator: Matthew Krol I Video Editor: Devon House Creative I Audio Editor: Clean Waves #ExtraCredits #Gaming #GameDesign

Comments

chromicacid

The light at the end of the tunnel is that if the big studies go down, well likely see a lot of new IP. Creative IP won't stop, but rather it will go elsewhere and we'll have to dig around the indie scene to find it again

Aaron Neumann

No, we're not. What we'll likely see is something similar to the Hollywood Crash of the 1960s, where the Studio System finally collapsed, leading to the current Star System... which isn't all that much better (at least the studios in the Studio System Era could go 'you guys work on this B movie, you guys work on this A movie, etc.' and not get too much pushback and allowed no-name actors to get some spotlight).

Jason Youngberg

No, things aren't going to "correct themselves" until the executives start paying for their mistakes. If that doesn't happen, they're just going to keep making them and we're the ones who will be paying for them.

Aaron Neumann

Actually, the executives are only a symptom of the problem, not the cause. The actual reality is that the STOCKHOLDERS are the problem.

Jason Youngberg

We can't put stockholders in jail though. Start imprisoning the execs and you'll see pushback against the stockholders.

Aaron Neumann

Nope, if we don't get the stockholders, it'll just happen again. ... and again. ... and again. You need to jail the stockholders to have any real impact other than 'we'll get the next guy to do what we want' and we'll be at this all over again. They have to be punished for anything to change. Personally, we'll have to go to what can be considered... barbaric... methods for a while to hammer the point home.