Atari blew it. At the start of the eighties, the manufacturer of the world’s best-selling console allowed its market to be flooded with mediocre games, published by reckless and cynical third-parties. Meanwhile, the company over-hyped and over-manufacturered its own monstrosities, the likes of ET and the awful VCS conversion of Pac-Man produced in their multi-millions. Then in 1983, amid other contributing factors, the console industry collapsed. And now, just as the economy is beginning to resemble the mess of the early ’80s, so is the console business. It is an age of hubris and panic. Read the full story at The Guardian.
Evolution, disruption, annihilation: why 2013 looks like 1983 for consoles
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).