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  1. 19 Νοε 2023 · To understand how the video game business could collapse so rapidly, we first need to examine the breakneck growth that preceded the 1983 crash. Throughout the late 1970s and early 1980s, video games exploded in mainstream popularity, driving massive sales growth.

  2. 29 Ιουλ 2024 · The crash was a big recession that lasted about two years, affecting the video game market a lot. Market saturation, poor-quality games, and less interest from consumers were key reasons for the crisis. The overview of the 1983 video game crash shows these factors were behind it.

  3. 8 Μαρ 2020 · How much of it was the fault of the universally reviled E.T. video game adaptation? Read on to learn exactly what happened, a story of innovative game development drowned in a tidal wave of wretched third-party titles and half-baked marketing schemes. Related: Atari is Now Building Video Game-Themed Hotels in the United States

  4. The 1983 crash had rippling effects across the video game industry. The crash in 1983 had the largest impact in the United States. It rippled through all sectors of the global video game market worldwide, though sales of video games still remained strong in Japan, Europe, and Canada from the beleaguered American companies. [ 56 ]

  5. TIL of the Atari shock, where video game revenues peaked at around $3.2 billion in 1983, then fell to around $100 million by 1985 (a drop of almost 97 percent). The crash abruptly ended what is retrospectively considered the second generation of console video gaming in North America.

  6. As console and cartridge sales plummeted, machines in development were cancelled and in the end everybody withdrew from the marketplace - either by choice, as Mattel did, or forced out by near bankruptcy like Coleco. Details and factors contributing to the Video Game Crash of 1983.

  7. Explore the unraveling of the gaming industry during the Video Game Crash of 1983, its legacy on future trends, and the revival of gaming culture. Discover the dark age of gaming and its impact today.