Experts Describe Severe Downturn for Game Developers

GamesIndustry.biz reports statements from 1Up Ventures general partner Amir Satvat and Tim Sweeney. Satvat said conditions for game developers in traditional AAA studios based in North America or western Europe match the severity of a prior major industry event, calling those locations ground zero for destruction. Sweeney stated that the current period represents the worst crash seen in a long time. The coverage references interviews conducted for Edge Magazine about the industry confronting Crash 2.0.