OPINION: What hope for the High Street?

Retail is in a pretty miserable state at the moment.
Putting aside the ‘challenging’ market for games, and looking at the broader High Street landscape is heart-wrenching.

A wander around my home town or the town that houses MCV Towers and you will see shop after shop empty. To Let and For Sale signs are punctuated only by Sale signs or Closing Down placards.

As our research has shown (to be published in our guide to buyers next week), the number of games specialists has decreased.

This isn’t endemic to us, but the broader pressure on the High Street in general. Things just aren’t selling like they used to.

For games specifically, the emphasis has shifted to tentpole titles and mass market crowd pleasers. There’s no middle ground. That explains why specialists are struggling when the supermarkets thrive.

If there is an upshot to this, it’s that change can inspire.

Publishers are having to try new things to maintain momentum both in the physical store space and the digital one.

Flagging online titles are turning into free games, hoping to draw customers in first, make money later. Smart digital services are hoping to turn seasonal FIFA and CoD shoppers into year-round subscribers.

We’ve just got to hope that there’s enough new business models in these concepts and other ones to compensate for the fact a lot of the old ones have stopped working.

About MCV Staff

Check Also

470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).