Quick query to chatgpt says that video games generated 187.7 billion USD in 2023 vs film which was 87.4.
And the vast majority of companies doing mass layoffs (like Microsoft) are still turning profits. They just want to turn larger profits or throw some labor on the sword to protect whoever thought it was a good idea to make Marathon of all IPs into an extraction shooter.
And the rest? It is studios like Strange Scaffold who are actually doing everything right (complete games at launch, no DLC, innovative gameplay, cool narrative and art style) but can’t secure any publisher funding and are basically constantly on the verge of ruin.
There are going to be massive knock on effects when the only major releases are the massive tentpole games and everything else is “janky indie games”. At which point we’ll have even more Gamers talking about how we should fire anyone who worked on The Last Of Us 3 and spend more money making those quirky B games like HiFi Rush.
But hey. Tell me more about how all these mass layoffs are actually a good thing.