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In contrast to many other economic sectors that are drastically affected by the pandemic restrictions, the video game industry has been more resilient. Most video game developers, publishers, and operators have been able to maintain operations with employees remote working to sustain game development and digital releases, though some ...
For decades, workers in the video game industry have endured conditions like the ones that preceded Rongstad's layoff. Known as "crunch," the brutal stretch leading up to a game's release is an ...
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game marketcollapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recessionfor two years. This has sparked discussions about a potential "second video game crash."
According to IDC, mobile game revenue shot up 32.8% to $99.9 billion in 2020, while digital PC and Mac game spending jumped 7.4% to 35.6 billion. Home console game spending, meanwhile, soared 33.9 ...
Video game industry. The video game industry is the tertiary and quaternary sectors of the entertainment industry that specialize in the development, marketing, distribution, monetization and consumer feedback of video games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide.
JESSICA CONDITT: The video game industry is larger than it's ever been. The biggest companies are worth trillions of dollars. And dozens more operate in the billions. In terms of social impact ...
Appearance. hide. In the video game industry, crunch (or crunch culture) is compulsory overtime during the development of a game. Crunch is common in the industry and can lead to work weeks of 65–80 hours for extended periods of time, often uncompensated beyond the normal working hours. [ 1 ] It is often used as a way to cut the costs of game ...
October 15, 2024 at 12:33 PM. Striking video game actors walk the picket line in August outside the Warner Bros. lot in Burbank. (Myung J. Chun / Los Angeles Times) Performers union SAG-AFTRA and ...