The AAA games industry with their multi-million budgets and "being too big to fail" mentality is on decline. It seems that anything that is not a new Call of Duty is considered not worth by the industry.
But smaller games and indie studios are thriving. We got lots of very interesting indie games this year.
Games take years to make, as a consumer you’re seeing results from the past. Most indie studios are doing poorly, I know several that have closed and many friends looking for work.
The games industry as a whole is in potentially terminal decline, have you seen all of the redundancies lately?