Part 1/6:

The Bursting of the AAA Gaming Bubble

The Reckoning for the Video Game Industry

Based on the attached transcript, it's clear that the video game industry is facing a reckoning. The AAA gaming bubble has burst, and the industry is being forced to confront the consequences of its own actions.

For years, the major game studios have been pouring massive budgets into blockbuster titles, often in excess of $200 million or even $300 million per game. This unsustainable model has led to the closure of over 30 game development studios and the loss of over 23,000 jobs in the industry over the past 2 years.