Good buy or good bye America?
Jul 3rd, 2007 by admin
Mr. Michael Vass is a contributing author.
It’s interesting how video games are acknowledged as one of the fastest growing forms of entertainment and yet slapped down as being the leading cause of the downfall of civilization. The AMA wanted to say it causes addiction, various politicians have jumped on bandwagons from time to time to say games are too violent. Meanwhile Hollywood finds it to be a source of quality movie fodder and Wall Street has rewarded shrewd investors that have seen the potential.
It’s like one hand can’t see what the other is doing. I don’t understand how Wall Street analysts can say that companies like Electronic Arts deserve an overweight rating, and then also says
I mean, it’s the summer. Of courser the near term is weak. The Christmas holiday season is the big push for virtually all software companies. Yet the outlook matches estimates that interactive gaming will out perform all music sales and will approach movie ticket sales soon.
But for an industry that makes so many, so much money it’s downplayed as something for kids. They ignore any of us who have grown up with video games and play them now in our 40’s. The games are constantly assaulted, but a movie based on the game is fine. The movies target the 21-35 year olds, contain violence on par with a Terminator meets Leatherface scale, and no one blinks an eye.
