Our industry is doing very well actually, (video game, home entertainment) which is to be expected. It seems during economic downturns people still spend money on home entertainment, if not moreso than usual…not sure if it’ll last, but that has been the case in the past.
There are a few companies that have closed their doors recently, but that is par for the course in game development. A few have also recently opened up shop and are hiring. In fact, we’re having a bit of trouble hiring for some of our more senior positions because there is a bit of competition among employers.
Last week, i was talking with a couple friends about the weakening dollar and the possible effect it would have on outsourcing. In years past, film, television, and game development have been done in Canada (and other places) because it was cheaper. As the dollar declines, and the cost savings decrease, will some development return to the US? There are plenty more factors that need to be considered, but it was food for our conversation.