After years of euphoria, the video game industry is in turmoil

INVESTIGATION – The crisis that the video game industry is going through, which began a year ago, is intensifying. Its causes include rising interest rates, but also overproduction that the market is struggling to absorb.

If by October we do not find 2 million euros to finance the end of production of our game, this could be the end of our company after ten years of existence »confides to the Figaro the co-founder of a French video game studio, who prefers to remain anonymous. In two years, he has accumulated disappointments: a prestigious international investor who refuses to put his money back in the pot, two publishers who back out just before signing the contracts… Since this spring, we have been in discussions with around twenty publishers, without success. »he laments. This game, in development for several years, still needs a year of work before it can be put on sale. But players may never have it in their hands. Around thirty jobs are at stake.

This story is unfortunately becoming common in the video game industry, which is gathering this week in Germany at the Gamescom trade show. If visitors…

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