rob_simple said:
Just like home-taping killed the music industry, then.
You mean the same music industry that has been losing billions of dollars, year in year out, for the last decade?
OT: Something's definitely going to give soon. The real issue is that most games are not as profitable as most gamers think. There are a few series like COD and WOW which make serious, record-breaking bank. There are occasional AAA games like Skyrim which end up selling over ten million. The majority of AAA games, however, struggle to just break even, let alone turn a profit. A lot of them don't even manage that.
You only have to look at the fact that triple-A companies like EA and Sony have been losing hundreds of millions over the past few years to realise that the game industry's financials are not as rosy as we would like to think. THQ is gazing down the barrel. Sony and EA have both been making massive losses. Sega is re-organising its entire corporate structure. The only AAA publisher who's really sitting happy is Activision, due to the combined income of both Call Of Duty and World of Warcraft.
This is what happens when you have
everyone trying to compete for the
'most successful game EVAR' title. You'll have one winner, and everyone else will have bankrupted themselves trying to scramble to the top.