Report Highlights ‘Creative Destruction’ in Video Game Industry
As any fan of "Call of Duty: Black Ops 2" or "Resident Evil: Revelations" knows all too well, the likes of huge explosions, hair-raising firefights and hordes of brain-eating zombies are fundamental to today's action-packed video games.
But according to a new report by Tiger Group's Valuation Services division, a different sort of "creative destruction" is in play within the video game industry itself. Trends like digital downloading and mobile gaming are rapidly reshaping the marketplace—so much so that some observers now liken brick-and-mortar video game stores to … well, the walking dead.
Tiger Valuation Services scours industry data from a variety of asset classes with a view toward tracking trends that might affect collateral values. The authors of the eight-page report, Creative Destruction in the Video Game Industry, note that market-movers such as mobile gaming, digital downloading and cloud computing are particularly...