Trade association TIGA has come out in support of troubled UK retailer Game, but the body has claimed its role on the high street was always likely to run into difficulty.
According to TIGA CEO Dr. Richard Wilson, Game's woes are in part the result of the gaming industry's wider shift to digital platforms, with consumers spending habits switching to embrace new, non-physical retail channels.
Boxed out
"This is clearly a deeply worrying time for Game's 6,000 employees and we wish them the best of luck during this crisis," said Wilson in a statement.
"Game's difficulties are due to a combination of factors: the economic downturn which has hit the high street generally; intense competition from other physical and online retailers; the decision by big global publishers not to stock Game with new releases; and the shift by consumers from purchasing boxed products to digital games.
"Retail sales of video games have declined for four consecutive years, as consumers change their spending habits."
Naturally, there's little cheer in Wilson's assessment of Game's current situation, though he does suggest that the store's dire predicament has come about as a result of something all the more positive: the indie scene's newfound sense of self determination.
A changing game
"The situation at Game will reinforce the trend which has seen UK game developers and digital publishers move towards network gaming mobile, massively multiplayer, social and online gaming," he concluded.
"TIGA's research shows that 80 percent of new development studios are working either exclusively or in part on network gaming.
"This move towards digital self-publishing enables developers to create original games, retain control of their IP and achieve greater financial stability."
Wilson's comments come after Game admitted some suppliers are withholding stock from the retailer, despite its attempts to secure its future.
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Related Articles
Top Stories
News
11 hours, 28 minutes ago
Cécile Russeil takes the helm at Ubisoft as EVP of comms, DEI, HR, and legal
Feature
12 hours, 45 minutes ago
"Gaming in MENA is just starting. Investment will bring more attention to the region and create more opportunities"
Feature
Apr 24th, 2024
48 top mobile games in soft launch: Squad Busters, CSR 3, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Esports Future Summit | Middle East | Apr 27th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
News
Apr 23rd, 2024
Supercell’s Squad Busters soft launches today with over 100,000 Google Play downloads
Feature
Apr 24th, 2024