Rumors were running wild this past weekend that E3 would be cancelled for economic reasons (in other words they’re not making enough money). In Monday’s press release, the organization behind E3, the ESA, stated that the event is not cancelled but will be changed significantly.
“Over the years, it has become clear that we need a more intimate program, including higher quality, more personal dialogue with the worldwide media, developers, retailers and other key industry audiences.”
It sounds to me like E3 will now be more of a video game company insiders meeting than a convention for the fans. That totally sucks. It also probably means less E3 babes, which is bad news for everyone.
You can read the full press release here.