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The video game crash of 1983 (known in Japan as the Atari shock) [ 1 ] was a large-scale recession in the video game industry that occurred from 1983 to 1985 in the United States. The crash was attributed to several factors, including market saturation in the number of video game consoles and available games, many of which were of poor quality.
19 lis 2023 · This infamous crash saw revenues plummet by 97% in just two years, companies go bankrupt, and the future of video gaming in serious jeopardy. So how did this juggernaut entertainment medium nearly vanish seemingly overnight?
29 lip 2024 · Key Takeaways. The Video Game Crash of 1983 led to the collapse of multiple console manufacturers and the disposal of thousands of unsold games. The market was oversaturated with a wide variety of consoles, leading to fierce competition for consumer attention.
14 gru 2021 · Few landmark moments are as beguiling as the devastating 1983 recession. It’s hard to imagine in a world where the video game industry is worth over $145bn globally, making it the biggest entertainment sector, but just a few decades ago people were predicting the death of the industry.
30 lip 2023 · Let’s take a look at the great video game crash of 1983 and how it almost upended one of the biggest industries in the world. What Was the Video Game Crash of 1983? The most basic explanation is that this was the time when video game sales dropped 97% from $3.2 billion in 1982 to $100 million by 1985.
A brief history of the video game crash of 1983. If you arent old enough to reckon back to the video game crash of the 1980s, here is a brief overview: the market was flooded with games being almost exact clones of each other, the publishers had/showed very little control over the quality of a final product, consumers did not have confidence in ...
8 mar 2020 · Then came the Great Video Game Crash of 1983, an apocalypse where numerous console manufacturers went out of business and thousands of unsold games were consigned to landfills. How did this disaster happen?
