Western game makers struggle with finances
While Chinese firms soar
Chatting with the great and good of the industry at the Edinburgh Interactive Conference, Edward Williams of BMO Capital Markets said that the games industry is under threat, the sector facing big changes to its business model.
"For Western publishers, profitability hasn't grown at all in the past few years and that's before we take 2009 into account," Williams offered, noting that on the other hand, Chinese firms have continued strong growth.
Digital distribution was seemingly key to Chinese firms, delivering titles via PC downloads, rather than worrying about DVD releases in traditional stores.
Western developed games, meanwhile, are now too complicated and hard to make, resulting in epic production costs. Multi-platform development is also putting the squeeze on profits, while official licenses such as Madden or FIFA are more costly than ever.
Commenting on this news, EA Sports boss Peter Moore admitted that mobile and PC games are tops in China, and was quick to add that in places like Europe the publisher is keen to push ahead with online releases.
