Electronic Arts CEO Andrew Wilson has responded to recession fears, saying video games aren’t necessarily recession-proof, but the medium may be better suited to remain prosperous during a time of economic downturn than other industries. During EA’s latest earnings briefing, Wilson said video games are “more resilient” than other businesses in part because he believes humans simply need entertainment and are less willy to cut back spending due to that.
“Entertainment is a fundamental human need. It’s very important to us as a species,” he said.
Wilson also said he believes video games offer “incredible value” relative to other forms of entertainment, which is important during a time of “constrained spending.”