January was not kind to the video game industry.
One major publisher was split into pieces. One high profile development studio was shut down and another seems likely to be headed in that direction. And another publisher is trading in the Nasdaq red zone. What’s going on?
Read more at CNBC.com
The sad truth of the modern video game industry is that regardless of how talented (or lucky) a game maker is, nobody has unlimited lives.
January was certainly proof of that. A one-time powerhouse publisher was ripped to shreds. A legendary developer was handed a pink slip. If things don’t radically reverse course, the next month or two could see another studio and another game god meet the same fate.
Read more at Yahoo! Games
Disney is swinging the axe at its gaming arm, cutting a substantial number of positions as it transitions from being a packaged goods company to a player in the growing digital videogame space.
Disney declined to give the number of people affected, but Mouse House insiders said as many as half of Disney Interactive Studios’ 700 staffers may have been cut.
Read more at Daily Variety