We have some monster hits in video games this season as a lot of titles have been released as companies finally recover from the slowdown in game development due to the pandemic.
Amazing games have surfaced from long development cycles this year, including Starfield, Marvel’s Spider-Man 2, Armored Core VI, The Legend of Zelda: Tears of the Kingdom, Baldur’s Gate 3, Street Fighter 6, Resident Evil 4, Alan Wake 2, Dead Space, Cyberpunk 2077: Phantom Liberty, Super Mario Bros. Wonder, Sea of Stars, Dave the Diver, Monster Hunter Now, Lies of P, Hogwarts Legacy, Diablo IV, Mortal Kombat 1, Forza Motorsport, The Crew Motorfest, Assassin’s Creed: Mirage and Call of Duty: Modern Warfare III and EA Sports FC 24.
That doesn’t count all of the live service games that got big updates this year, or the big mobile games, VR games, AR games, cloud games and more that launched this year. It should be a year to celebrate. I just finished the campaign for Marvel’s Spider-Man 2 and it was an awesome game. And now I’m torn between Alan Wake 2 and Modern Warfare III.
But we’ve also had so many layoffs in the game industry that it feels like we’re in a downturn. These are topics that we discussed at our recent GamesBeat Next 2023 event (you can sign up to watch videos for free here and fill out an attendee survey here). But I can’t say it’s easy to explain what is happening.
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Like the world during the Cold War, the game industry used to be so easy to explain. The consoles followed a five-year cycle. The PC market was steady,
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