Recession casts shadow over video game conference
The video game industry is holding up, but the gloom of the recession
will be on the minds of thousands of people at this week’s Game
Developers Conference in San Francisco, a key event for video game
insiders looking to learn new skills, showcase innovations and if
they’re lucky enough, find work.
Bolstered by an ever-expanding audience that is turning to games for
cheaper entertainment, video games are benefiting in some ways from the
economic turmoil. Yet the industry is not completely immune, with
layoffs and closings of studios that produce games. Electronic Arts
Inc., the game publisher behind the “Madden” football series, is cutting
1,000 jobs, most by the end of this month.
The Game Developers Conference’s event director, Meggan Scavio,
expects attendance to be slightly down this year from last year’s 18,000
people. When game studios cut back, she noted, travel and training
budgets are among the first to go. She also expects fewer, more informal
parties.
“It’s kind of like let’s celebrate, but do it quietly,” she said.
NEW YORK (AP)
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