Is the E3 trade show facing the axe?
Ronald already linked this story in the 'bread, but it could use a
little extra attention. Several reports claim the fate of E3 is
uncertain, and the yearly trade show may even be cancelled
altogether. The Electronic Entertainment Expo has played host to the
unveiling and showcasing of many new game titles since its debut in
1995, but an article on MVC suggests the show has just gotten too
"Costs have been getting out of hand. We're talking double digit
millions for some of us," said one senior industry insider. "But that's
not just floorspace, of course - it's build, parties, hotels, flights.
Security, particularly, has become a massive cost."
Industry sources have told
that Entertainment Software Association President Doug
Lowenstein is likely to announce a decision regarding E3's fate "within
the next 48 hours," perhaps as early as Monday. The event will be either
scrapped altogether or reorganized into a smaller venue, as Ars
. Ars' sources say "big changes are planned," and
that the show will be reshaped into a smaller, more closed-door event.