Studios and corporations that expanded too fast, made too many hires and acquisitions, have been laying off staff and shuttering studios. Developers looking for work have been finding fewer opportunities.
The games whose development was disrupted by the pandemic have been taking longer to make it out into the world, resulting in a comparatively sparse slate of titles this year.
Summer Game Fest in Los Angeles, once an enormous trade show, has diminished to a smaller event with 90-minute-long trailer livestreams, indicating a shift in the industry.
The bestselling games of 2024 on Steam are mostly indie (or indie-ish) games, showcasing a trend towards indie games' success in the industry.
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