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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."
Download as PDF; Printable version; ... 2024–2025 SAG-AFTRA video game strike; V. 2023–2024 video game industry layoffs
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."
The gaming industry is constantly evolving, and in 2020, it saw one of its greatest growth spurts ever. Forced to shelter in place due to the COVID-19 pandemic, people turned in droves to games of ...
For the first time in 15 years, the best-selling video game in the US was not a game from Activision or Rockstar Games. However, due to the NPD being unable to track Nintendo digital sales data, only physical sales are counted for The Legend of Zelda: Tears of the Kingdom . [ 44 ]
The platform announced its move into the gaming sector last year with the hire of 30-year gaming industry veteran, former EA and Oculus executive, Mike Verdu.
An increase at this point, near the planned end of the eighth generation of video game consoles, was unusual and was attributed to the pandemic. [119] [120] By July 2020, NPD Group reported that the total sales of video game hardware and software within the United States in the first six months of 2020 reached US$6.6 billion, the highest since ...
The year 2024 was one for the history books, and 538's visual journalists and reporters were hard at work explaining the data behind the news with visualizations and interactives.
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