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Far Cry 3 And The Stranger In A Strange Land GameStop stands proudly in the snow, one foot atop the neatly decapitated recession monster as it proudly proclaims its triumph over the failing economy, with holiday sales up 22% over last year.
Midway landed a stay of execution late Monday night, getting their debt holders to hold off on collecting until February, Business Week reports.
Not sure if you’ve noticed, but the American economy’s in the toilet. Even the supposed “recession-proof” video game industry is feeling the pinch, with publishers slashing prices even on best-selling titles. Could last-gen pricing return?
Sooner or later someone is going to have to give us a definitive answer in the “will gaming survive the recession” debate. This week, ‘analysts’ reckon that the answer for casual gaming is ‘maybe not’.
Microsoft may not be looking at further price cuts for their console as the country tip-toes through this recession, but they’re looking at ways to make their console attractive to thrift-minded families.
Yesterday’s announcement that things aren’t so rosy at Electronic Arts seems to have hit the publisher’s stock below the belt.
With daily free falls in most of the international stock markets, a recession isn’t just a scary word, it’s seemingly unavoidable. During a chat with Microsoft vice president John Schappert yesterday I asked him if he thought that the Xbox 360 with its emphasis on high-definition gaming was a “recession proof” console.
