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Articles about recession

Recession Effect: The end of Geek, Play and Girls of Gaming magazines

by PJ Hruschak on Feb 23, 2010 at 04:14 PM

Three more game-relate print pubs have crumbled under the force of an economic recession and inexpensive online competition. Fusion Publishing recently filed for Chapter 7 Bankruptcy, essentially shutting down Geek Monthly Magazine, Play Magazine and Girls of Gaming. The company has not been responding to inquiries from fans, subscribers and… Continue Reading »

Collect bailout cash in iBailout for iPhone, iPod Touch

by Brian Allen on Feb 8, 2010 at 05:41 PM

Marroni Electronic Entertainment and NightIrion are taking a humorous look at the current United States economic issues with iBailout, a Pac-Man like game on the iPhone and iPod Touch. Players run around the screen and try to eat up as much of the government’s bailout cash as possible. Chasing players… Continue Reading »

Video game industry hiring despite current economic recession

by Brian Allen on Jan 21, 2010 at 10:08 AM

According to an industry census report by Game Developer Research, despite the recession there were more people employed in the videogame industry in 2009 than in 2008. That’s due to some explosive growth in the Canadian game industry, which experienced a 30 percent increase in the number of employees between… Continue Reading »

Recession-O-Rama deals for the weekend of December 12, 2009

by NEWS on Dec 12, 2009 at 02:59 PM
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FROM GADGETELL – Christmas is nearly two weeks away and I’m sure many of us, me included, have not even begun shopping for Holiday presents.  Hopefully, some of the deals for this week’s Recession-O-Rama will help you pick out some great gifts for family and friends.  Today, we have deals ranging from Wii… MORE »

GameStop making money during industry downturn

by Brian Allen on Nov 22, 2009 at 07:40 PM

What? Video game sales are down? That hasn’t stopped Texas-based GameStop from posting big profits. The Dallas Morning News reports that the retailer pulled in $1.83 billion for the quarter ending October 31, 2009. That was an 8.3% increase over the same period in 2008. Those are impressive numbers in… Continue Reading »

EA closes Pandemic Studios

by Christian Morlotte on Nov 19, 2009 at 03:32 PM

With the global economy going through hard times, most markets have been affected and unfortunately video games are not the exception. Sales are falling behind this year compared to 2008 and the holiday season is sure to bring a fierce price battle amongst the main retailers. Not even the big… Continue Reading »

Deal of the Day: Wii console for $195 at Sam’s Club website

by PJ Hruschak on Oct 19, 2009 at 10:31 AM

Even though Nintendo dropped the suggested retail price of the Wii system to $199.99, that doesn’t mean you can’t get it for less. Sam’s Club today (October 19, 2009) just sent out an email circular that is promoting the system for $194.88 (US), a smidge less than the asking price.… Continue Reading »

Recession-O-Rama: Tech deals for the weekend October 18, 2009

by NEWS on Oct 18, 2009 at 03:13 PM
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FROM GADGETELL – As we approach the holiday season, expect deals to become more frequent and enticing.  This weekend, we have deals on a portable LCD HDTV screen, Garmin GPS, a computer monitor, Garmin Forerunner watch, and a LG HDTV.  Viore Portable LCD HDTV Our first deal for the weekend is the Viore… MORE »

Deal of the Week: Pay whatever you want for World of Goo

by Jeremy Hill on Oct 14, 2009 at 04:41 PM

2D Boy is taking a different approach to celebrating World of Goo’s first birthday. Instead of receiving tons of presents, 2D Boy decided to give us World of Goo for a discount of our choosing. This means we can pay whatever we want for World of Goo. We can theoretically… Continue Reading »

Open Plea: Sony, please drop the PS3’s price, the industry needs it

by Brian Allen on Jul 21, 2009 at 12:43 PM

Contrary to what we were reporting this time a year or so ago, the game industry is not recession proof.  Video games just took their biggest monthly sales drop in nearly a decade. Even GameStop, a company that has been able to do no wrong financially, is feeling it. In… Continue Reading »

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