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Analysts discuss the economy's impact on game industry
“I think growth will continue in the video game market. From the long-term [perspective], I think it’s going to grow like the music industry and movie industry, without a doubt.” - J. Holt Foster, III, Thompson and Knight
“The reality is there is further deterioration expected for the economy — it’ll get worse before it gets better.” - Colin Sebastian, Lazard Capital Markets
“In my view, they are not [immune]. There’s little [reason] to believe games are recession proof. They are, however, I believe, recession resistant. I think the growth rates in 2009 will be considerably lower than 2008.” - Edward Williams, BMO Capital Markets