A sad day for all gamers.

[Jewtastic]

Whether this is true or not, it sucks ass.

"Senior industry sources have revealed to Next-Gen.Biz that the E3 industry event, in its present form, has been cancelled for next year and the foreseeable future.

The Entertainment Software Association (ESA) shindig has been a staple of game industry life since the mid-1990s. However, we understand the larger exhibitors have jointly decided that the costs of the event do not justify the returns, generally measured in media exposure.

Publishers believe the multi-million dollar budgets would be better spent on more company-focused events that bring attention to their own product lines rather than the industry as a whole.

Well placed sources say the news that larger exhibitors were pulling out had prompted urgent meetings among publishing executives. They decided that, without the support of the larger software publishers and hardware manufacturers, there would be no point in continuing.

ESA president Doug Lowenstein will likely announce the news some time within the next 48 hours, possibly on Monday. It's possible that the ESA will seek to limit the damage by organizing some form of lesser event in May, but it's clear that the days of an industry event attended by all the major publishers, spending big money, are gone.

Calls to ESA staff are not being returned at present. "

[Aero]

;.;

[Violet]

It's a lie. I bet you. There HAS to be an E3, or..or....I fear the apocolypse is apon us.

[Tobias]

The apocolypse has been upon us for a long time. This is merely a sign of it nearing its apex.

[Super Buu]

Say it ain't so! I never got to go! ;(

[Dantes]

Man i just read like 30 pages of E3 stuff in my game informer, and it was fun. Now it's gone and i'll have no more fun

[Reijin]

Wouldn't surprise me a bit if each company didn't want to go because the place allowed their competitors the same rights. I can picture Microsoft being all "If you guys keep allowing Sony to show off their system, we might not make as much sales, so either you tell them they aren't allowed to come or we drop!"

[Burter Jr]

Yea, EA called me today and told me this, because I was supposed to work for them at E3

[The Not Cool Not Tapion]

I hate life =(

[Old Dave]

Tell me that the cost does not support the money spent when video gaming is a multi billion dollar industry..my ass. I bet it's just the big corporations clawing each other and shitting on everyone over their hardcore new systems and who's the best and who can shove the most weight around to get their way. I spit on them all..*sits and plays his playstation*

[Old Janemba]

They'll have an E3 with exclusive guests. No more fans to clutter up the reviews of upcoming games! :-)

[Jewtastic]

E3 was never supposed to be for the fans anyways. Its only for the industry. So you either have to work in a retail store that sells games or a magazine, or something to do with the gaming industry. It has never really been for the fans.

[Hellfighter 17]

Originally posted by Uub
Tell me that the cost does not support the money spent when video gaming is a multi billion dollar industry..my ass. I bet it's just the big corporations clawing each other and shitting on everyone over their hardcore new systems and who's the best and who can shove the most weight around to get their way. I spit on them all..*sits and plays his playstation*

When you are their accountant or tax auditor, then complain.

I think it's understandable.

[Orion]

Maybe they'll put the money towards a game that's actually good and not just pretty.

[Hellfighter 17]

Yea. Trunks just earned two Idol points.

[Old Dave]

Originally posted by Hellfighter 17

Originally posted by Uub
Tell me that the cost does not support the money spent when video gaming is a multi billion dollar industry..my ass. I bet it's just the big corporations clawing each other and shitting on everyone over their hardcore new systems and who's the best and who can shove the most weight around to get their way. I spit on them all..*sits and plays his playstation*

When you are their accountant or tax auditor, then complain.

I think it's understandable.

I'll complain all I want, they take in billions of dollars...there is no way E3 is going to make them go broke no way HF. Alone sony is almost a 100 billion dollar corporation. I don't want to hear it it's bullshit.

[Hellfighter 17]

Well, if they makes less money than they put in, then they are losing money. Not exactly the point of a business.

[Old Dave]

Please don't tell me the point of running a business I do it for a living and I do quite well at it thanks.

Point is it's bullshit, thier not losing as much money as they claim and to be honest when any company is expected to have a growth for this quarter of 1.8 billion dollars I don't want to hear their hurting..and E3 won't cost them any where near that.

It's a bitch fest between them and thats all it is. And if it does come down to them maybe losing a few million..that's pocket change and that means the industry is looking grim indeed.

[Hellfighter 17]

Then they are wasting money. No point in that.

Those 'few million' still give hundreds of people jobs.

[Old Dave]

Their not hurting and I doubt anyone will be losing any jobs. They lose millions all the time, it's big business, but to cancel E3 because of so called money problems is shit. I want to know what the real problem is, and it's not money because none of them have a shortage of it.

EDIT: And yes there is no shortage of money in the gaming world. 30 billion dollars is expected to be pumped into in just a few months with christmas. So no E3 because of it not being cost effective...crap just crap. Say what you want but I have a degree in gaming and know people in the gaming community that work for Atari. It's shit...