great-depression

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  • Blizzard: World of Warcraft will do fine, global economic collapse be damned

    by 
    Samuel Axon
    Samuel Axon
    10.17.2008

    Alright, so the sky is falling. Pretty soon, the world will be dominated by mohawks, black leather and hand-built muscle cars in a never-ending deathmatch over who gets to eat the roadkill. Okay, maybe it won't be that bad -- but unless you've been stranded on a desert island for the past year, you know that there's a global economic crisis going on. But worry not: MMOs -- World of Warcraft in particular -- will be just fine, according to Blizzard Executive VP Rob Pardo.He said that WoW is immune to economic downturn because it offers an excellent bargain: "People might not want to go out to the movies and spend $100 for a couple of hours and then go to a restaurant. You can go home and pay $15 a month for 100 hours of entertainment if you're staying at home more." A comparable situation from history: during the Great Depression, movies in the United States were only a nickel -- far cheaper than competing, live forms of entertainment, so the movie industry thrived. In fact, some folks credit the Great Depression as a contributor to the rise of the Golden Age of Hollywood. Think the same'll happen to MMOs if this gets bad?