E3 2023 will have notable absences from the big three - Xbox, PlayStation, and Nintendo. The news came from multiple outlets earlier on January 31, disappointing a massive section of the gaming community.
The last few years of the convention have been tough, with the pandemic wreaking havoc. This led to cancelations on more than one occasion, but things finally looked positive as COVID gradually subsided. The latest news amidst all the positivity has dented the scope for this year's show, which will be hosted in the summer.
On the face of it, the decision to skip this year by all three console giants will seem like a disaster for E3. After all, it is fair to claim that gaming is a big part of the convention, and many eagerly look forward to it.
Nonetheless, it's a significant decision for all three console giants to skip an event of E3's magnitude. Without them, the convention's scope reduces when it comes to gaming titles and pushing the ecosystem's boundaries. After all, the three combine to dominate the console market, which has seen a boom in the current generation.
However, looking into it paints a different picture, as the absences won't matter too much. The reason is quite simple. The three brands' participation has historically been limited, especially that of PlayStation. Of the three, only Nintendo was present in 2019, the last event before COVID was held.
It's unclear why the Japanese giants have reportedly decided to skip this year's event. One significant factor could be overhead costs, as E3 2023 will be offline. It requires a lot of expense to arrange something of that scale, and Nintendo isn't a brand to do something low-key. If they set up a booth, the expectations from them would be sky-high.
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