Comments on: Causal Games Are Recession-Proof http://christophercummings.com/2008/10/13/causal-games-are-recession-proof/ ChristopherCummings.com - Product Management Blog Tue, 27 Jul 2010 12:47:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Casual Games Trends In 2008 | Product Management Meets Pop Culture http://christophercummings.com/2008/10/13/causal-games-are-recession-proof/comment-page-1/#comment-6 Casual Games Trends In 2008 | Product Management Meets Pop Culture Sat, 20 Dec 2008 13:12:31 +0000 http://christophercummings.com/?p=96#comment-6 [...] Causal Games Are Recession-Proof [...] [...] Causal Games Are Recession-Proof [...]

]]> By: chriscummings01 http://christophercummings.com/2008/10/13/causal-games-are-recession-proof/comment-page-1/#comment-5 chriscummings01 Thu, 20 Nov 2008 18:30:55 +0000 http://christophercummings.com/?p=96#comment-5 Hi Jay - Actually, yes, I do believe it's true. While the next 18 months (at least...) are going to be pretty rough, and some casual game start-ups will likely end up closing their doors, there is a way forward if you're clever and well-capitalized. At Gamesville, we spent the bulk of 2008 diversifying our revenue sources and revenue streams so we wouldn't just be beholden to display advertising. For example, we now have a subscription service where users pay us directly, and a B2B white label solution which has other businesses essentially paying us to license our software. Elsewhere in the casual sector, Big Fish just announced $83.3 million in funding from Balderton Capital, General Catalyst Partners and Salmon River Capital. That's the largest venture financing deal ever in a U.S. online gaming company, and it was announced well into the world's current global economic woes. The casual games industry is continuing to grow, with an estimated 200 million game players worldwide. Now is not the time to be timid; now is the time to forge ahead! Chris Hi Jay -

Actually, yes, I do believe it’s true. While the next 18 months (at least…) are going to be pretty rough, and some casual game start-ups will likely end up closing their doors, there is a way forward if you’re clever and well-capitalized.

At Gamesville, we spent the bulk of 2008 diversifying our revenue sources and revenue streams so we wouldn’t just be beholden to display advertising. For example, we now have a subscription service where users pay us directly, and a B2B white label solution which has other businesses essentially paying us to license our software.

Elsewhere in the casual sector, Big Fish just announced $83.3 million in funding from Balderton Capital, General Catalyst Partners and Salmon River Capital. That’s the largest venture financing deal ever in a U.S. online gaming company, and it was announced well into the world’s current global economic woes.

The casual games industry is continuing to grow, with an estimated 200 million game players worldwide. Now is not the time to be timid; now is the time to forge ahead!

Chris

]]> By: Jay Solomon http://christophercummings.com/2008/10/13/causal-games-are-recession-proof/comment-page-1/#comment-4 Jay Solomon Wed, 19 Nov 2008 10:47:24 +0000 http://christophercummings.com/?p=96#comment-4 Do you still think this is true? Jay Do you still think this is true?

Jay

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