Pariah’s Guild

If you’re living in a bubble, then you’re probably the only one who’s unaffected by the recession. Oh, who am I kidding! The recession is even affecting you! A lot of gaming industry leaders thought that the video game industry will be the only industry unaffected by this lingering recession. Apparently, Take-Two Interactive’s Strauss Zelnick don’t think so. In fact, Zlenick thinks “it['s not looking] very promising.”

Speaking at the BMO Interactive Entertainment conference, Zelnick described the company’s plan to ride out the economic crisis. “No matter what people think, entertainment in general, interactive entertainment specifically, isn’t immune to economic cycles,” Zelnick said. “…that said we can have some resistance to the cyclicality if we have really high quality products.In the last couple of weeks specifically we’re beginning to see some softness in retail, it’s pretty broad and it’s beginning to have an impact on the industry and by that I don’t mean a good impact.”
No where is safe from this recession.