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Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
28th Japan Game Awards September 26, 2024 [4] 42nd Golden Joystick Awards November 21, 2024 [5] The Game Awards 2024 December 12, 2024 [6] 28th Annual D.I.C.E. Awards February 13, 2025 [7] 25th Game Developers Choice Awards March 19, 2025 [8] 21st British Academy Games Awards April 8, 2025 [9] Game of the Year: The Legend of Zelda: Tears of the ...
The layoffs hitting the gaming industry are largely the result of a handful of trends coalescing. The chief overarching issue comes down to publishers and developers overspending throughout 2021 ...
On July 26, 2024, SAG-AFTRA (Screen Actors Guild – American Federation of Television and Radio Artists) initiated a labor strike involving the union’s voice actors and motion capture artists against American video game companies signed to the union’s Interactive Media Agreements over failed renegotiation terms of the contract that had expired in November 2022.
It’s been a difficult 2024 for the US video game industry. After the explosive growth of the early pandemic years that saw consumers holed up in their homes buying games and consoles to pass the ...
Despite roughly 10,000 layoffs globally since the beginning of 2023, the video game business continues to grow. Experts discuss opportunities and how to make it in this competitive field.
Pages in category "2024 in video gaming" The following 7 pages are in this category, out of 7 total. ... 2023–2024 video game industry layoffs
This is a listing of largest video game publishers and developers ranked by reported revenue. Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming. [1] Of the 66 largest video game companies, 15 are based in the United States, 11 in Japan, 8 in South Korea, and 7 in China.