Sunday, 21 July 2024

Games industry ‘poised for upswing’ after stinging declines: Former Nintendo of America president

The video game industry is on the cusp of a turnaround after a tumultuous few years that saw sales come back down to earth from the lofty heights they reached during the early days of the pandemic. And things should only get better in 2025, as Nintendo (NTDOY) prepares to launch a follow-up to its outrageously successful Switch console and Take-Two (TTWO) readies for the release of its highly anticipated “Grand Theft Auto VI.”

“I would say that the games industry overall is poised for an upswing,” former Nintendo of America president and COO Reggie Fils-Aimé told Yahoo Finance.

“Just this past month, late last month, there were a number of game announcements across the industry that consumers reacted really well to,” said Fils-Aimé.


By Daniel Howley.

Full story at Yahoo News.

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