The State of the Games Industry: ‘Consoles Are In Trouble’

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©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

Industry Gamers 

The Games Summit track of panels at CES contained some interesting topics and revealed some new insights. The panel on the State of the Games Industry was moderated by Mike Vorhaus, the president of Magid Advisors, strategic consulting firm. Panelists included Sean Vanderdasson, Senior Vice President of Game Services at games network Wild Tangent; Sean Spector, Co-Founder and Senior VP of Business Development and Content at game rental specialist (and owners of Direct2Drive) GameFly; Gene Hoffman, CEO of Vindicia, a provider of billing solutions for digital merchants; Nanea Reeves, Chief Product Officer at cloud gaming provider Gaikai; and Chris Early, Vice President of Digital Publishing at Ubisoft. The discussion lead off with some statistics on the industry to provide some background to the opinions the panel would present.

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