I have to agree with him. It's nice to see a CEO with such a reasonable mindset. It seems like these big companies have been playing fast and loose with the video game industries future. One company spends $25 mill on a games budget so the next company spends $35 mill. One company spends $50 mill on ads so the next one has to spend $60 mill. Now, we've reached this point where most games can't even come close to making back their production costs thus undermining any chance of real creativity.
Meanwhile, customers are complaining about price gouging, a lack of innovation, annualized sequels, and a general lack of regard show to them by these large publishers. It feels more and more that the core games market has been pushed to the absolute breaking point, leaving core gamers to wonder at the long-term health of their beloved hobby.
Not that gamers are complicit in all this. We are relentlessly critical (or worse, downright dismissive) of any game that tries something new. We claim to prefer gameplay over graphics, but then don't actually support this proclamation with our wallets. We claim to be sick of annualized franchises that show little real improvement (at least not so much improvement that a patch couldn't cover) yet games like Madden, Call of Duty, & Assassin's Creed still bring in record numbers.
Wow, how did I end up getting so off topic? Alright, I'm getting down off my soapbox now.