There's been some rumors of video game companies in decline having to lay-off massive amounts of people. But from what I've personally seen it mostly just the social media games and their companies like Zynga. I think that we are seeing great changes in the way these games are being endorsed and the initial boom has finally passed and these companies weren't equipped to get the ball rolling.
I think that as a whole video games are in too much trouble but social media is changing. Different industries are beginning to utilize social media and Facebook which is the biggest user of these games is seeing a fall in the amount of people that play them. This could be to the introduction of different social media sites that people are using Facebook less to split time between another one such as Twitter or many other things.
One thing is for sure though, with these game companies failing we could see the end of a short lived gaming community through social media or a rise to a new company that brings them back into the limelight.
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