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The video game crash of 1983 (known in Japan as the Atari shock) [ 1] was a large-scale recession in the video game industry that occurred from 1983 to 1985 in the United States. The crash was attributed to several factors, including market saturation in the number of video game consoles and available games, many of which were of poor quality.
As a hit-driven business, the great majority of the video game industry's software releases have been commercial disappointments.In the early 21st century, industry commentators made these general estimates: 10% of published games generated 90% of revenue; [1] that around 3% of PC games and 15% of console games have global sales of more than 100,000 units per year, with even this level ...
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
Apple AirPods (2nd Generation) $80 $129 Save $49. These second-gen top sellers have hundreds of thousands of perfect ratings, thanks to their clear, rich sound quality, 24-hour battery life and ...
2008 saw many new installments in established video game franchises, such as Grand Theft Auto IV, Fallout 3, Metal Gear Solid 4: Guns of the Patriots, Gears of War 2, Super Smash Bros. Brawl, Persona 4, Fable II, Call of Duty: World at War, Mario Kart Wii, Madden NFL 09, NBA Live 09, NBA 2K9, and WWE Smackdown vs. Raw 2009.
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