Many in the gaming industry are claiming that gaming is recession proof. I tend to agree with them however it all depends on what area of gaming you are in. The fact is there will be growth in gaming but we will experience a slowdown in that growth, and there like any industry there will be casualties, but hay that's progress. The key thing is to support solid start ups try to find good partnerships and make sure your running a lean mean machine.
I want to bring your attention to several stories that track this.
Forbes on the virtual world economy
Casual Gaming Industry to Exceed $1 Billion by 2013
News Scientist post on tracking virtual economy in Second life to real economy
Zynga's Brett Terrill on starting a games company in recession
Silicon valleys Mercury News on people buying virtual items
NPD's prediction of gaming not being recession proof (but read between the neg lines and remember most industry is experiencing decline not growth)
Investments in recession proof companies
Wednesday, February 25, 2009
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