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Thursday, July 30, 2009

Economy Hits the Video Game Market

Economy hits the video game market
July 22, 3:27 PM


It appears that the economy has finally hit the video game market. As reported by the Wall Street Journal here, video games have seen a decrease in sales for four months now. There were some that thought that video games would slump right away with the rest of the economy, while still others felt that video games were untouchable in the volatile market.

At first, video games seemed to be able to rise above the failing economy, as more people stayed in with friends at home playing their favorite games instead of going to the bar. But, much has changed, and now video games are being affected as well.

It seems that most gamers are waiting to purchase "must-have" titles as opposed to whatever game comes out, in order to save money. With the length of time that it takes to create a game, this is hurting the gaming industry as a whole. As people wait for games such as Starcraft 2, Diablo 2, the new Zelda title coming out in 2010 (look for an article on this in the near future), Left 4 Dead 2, and others, they don't want to spend their money on games they have never heard of, or are not interested in.

Lets hope that the gaming industry comes out of this slump by the end of the fall season. Some of the highest anticipated games that are coming out do so at this time, and can be found here at VGReleases.com in a dated list.

For more info: Click the links above, or email Tara Foulkrod at tucsongamer@cybergal.com

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