Why is the videogame industry down in 2010 compared to 2009? It's not only an economy trying to recover from a recession that is having an impact on the videogame industry, but a lack of excitement, says Nintendo's top executive. Nintendo CEO Satoru Iwata, in an interview with Venture Beat, says that he does not blame the bad economy for a decline in videogame sales; rather it is a problem with the industry delivering experiences that aren't always all that attractive and exciting to consumers. This is not just a problem Nintendo faces, but the entire industry, says Iwata. Read More
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