"Gamers aren't buying games anymore":
https://www.vice.com/en/article/us-gamers-arent-buying-video-games-anymore-new-study-reveals
During the big platform subscription service push 6-8 years ago I was sounding the alarm about this. It seems inarguable now that the mass devaluation did happen and we are dealing with its consequences.
@jplebreton could also be stuffed backlogs. Hardware prices being what they are means I haven’t upgraded since 2018, but there’s at least 50 unplayed games in my Steam library so I’m fine.
@jplebreton I think people underestimate how much the traditional games industry relied on retail product flow to sell new stuff. Limited shelf space = old products go away, hence you buy new stuff. That era is completely gone and now there’s enormous margin pressure from an ever-growing Steam catalog.