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TheStreet.com
SAN FRANCISCO -- It's a make-or-break year for the E3 Media & Business Summit, one of the biggest events in the $18 billion video-game industry.
Stripped of the glitz and hype of the past, this year's show, which opens next week, is a smaller, quieter affair that is struggling to keep retail distributors, media and investors interested.
The biggest news is expected to come from the major console makers, including a possible price cut, a look into new games and hands-on time with some upcoming releases.
In all, it will be a critical year for E3, says Tal Blevins, vice president of games content for IGN.com. "This year will be a big test to see if there will even be another E3 or who will participate next year," he said. "Companies will see how much coverage they get out of the show and how much value they are getting out of the conference."
"E3 is significant this year only because Sony(SNE - Cramer's Take - Stockpickr) and Microsoft(MSFT - Cramer's Take - Stockpickr) are claiming they are going to unveil something big at the conference," says Dan Ahrens, portfolio manager for the Ladenburg Thalman Gaming and Casino fund.
More here - www.thestreet.com/
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And Nintendo always saves something big for this, they are always talk of the show.
10/07/2008
Parramatta, NSW
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Comments
Cassone: not doin enuf work...
K-Man: Just saw SONY's "what games i own" section. Holy jebus! Looks like describing it wasn't enough. :P
WiiSUME1up: My Siren:New Translation Game is here now wow i ripped it opened playing it tonight have to go to uni now WOW....
tonyamanda: actually doing housework till jbhi ring with my tv and my games arrive ups style.... it's in ascot vale now..
stax28: L337ness!!! almost at 1000 kudos!!! WIKKID