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The video game industry is booming. Americans spent $21.53 billion on games and hardware last year, and sales of the new-gen PS4 and Xbox One have exceeded expectations. So why are layoffs so common in the industry? Why are so many video game studios closing? Why does it feel like the people who make video games are always on the hook?
The video game industry is just that. An industry. Which means that it exists in a capitalistic world. You know, a free market. A place where you’re welcome to spend your money on whatever you please… or to refrain from spending that money.