News Formal

Developers' Attitudes Towards Industry Consolidation

  • 📰 pcgamer
  • ⏱ Reading Time:
  • 20 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 67%

Gaming News

Developers,Industry Consolidation,Major Acquisitions

A survey conducted among developers reveals a shift in attitudes towards industry consolidation and major acquisitions. While 17% believed in the positive impact of such acquisitions in 2023, only 5% shared the same opinion in 2024. The percentage of those who think these acquisitions will have a negative impact remained steady, while those who believe it will have no meaningful impact decreased.

In 2023, the first year developers were asked their thoughts about industry consolidation, 17% of respondents said they believed "major acquisitions" like Microsoft's takeover of would have a positive impact on the industry. By comparison, only 5% shared that opinion in 2024.

The percentage who said these acquisitions will have a negative impact held roughly steady—43% this year, versus 44% in 2023—while those who feel it will have no meaningful impact either way shrunk from 7% in 2023 to just 2% in 2024. That shift in attitude is understandable. 2023 was a brutal year for layoffs in the games industry, and 2024 has yet to show any signs of being better

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 38. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gaming Industry Faces Challenges and Delays in 2023The gaming industry has experienced a tough year with layoffs, restructurings, studio closures, and global conflicts. Many game releases have been delayed for various reasons, including team welfare, unexpected issues, and game expansion. The gaming landscape for 2023 looks different now, and several Game Pass day-one additions and major releases have been delayed out of 2023.
Source: TrueAchievement - 🏆 31. / 68 Read more »