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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."
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.
Roblox forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26% in ...
Shacknews was founded in 1996 by Steve Gibson. [2] [3] The website, originally named 'Quakeholio', was dedicated to the then-upcoming ID Software game Quake. [4]FileShack, a spinoff-site for game demos, patches, videos, and miscellaneous game-related assets for Shacknews users and others, was launched in August 2002.
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GamesRadar+ (formerly GamesRadar) is an entertainment website for video game-related news, previews, and reviews.It is owned by Future plc. [1] In late 2014, Future Publishing-owned sites Total Film, SFX, Edge and Computer and Video Games were merged into GamesRadar, with the resulting, expanded website being renamed GamesRadar+ in November that year.
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