Report Suggests Games Industry Revenue Will Shrink In 2021
This news may seem foreboding at first, but fans of the industry don’t need to panic. It is still expected to surpass $200 billion by 2023 according to the same report, Newzoo simply finds it unlikely that 2021 will be able to beat the numbers it reached over 2020. The pandemic has also pushed back the deadlines of many games, including Warner Bros.’ slate of AAA titles, but it has had an overall positive effect on industry earnings....