Next-Gen.Biz is reporting that the major video game industry convention, in its present form, has been cancelled for next year and the foreseeable future. READ MORE
It's still Sunday in the rest of the world so they story doesn't seem to have spread much yet but I am sure we will see a lot more of this on all the news sites by tomorrow. The last I had heard was that the show had gotten so big they were planning on moving it to the Las Vegas Convention Center in 2008.
Personally I thought that the event was a bit of a money sink for a lot of reasons. But it did serve one really good purpose which was to put a lot of industry people together. It allowed industry people looking for jobs to get a lot of interviews with developers, it allowed developers to meet and show their products to a lot of publishers, etc. Just having been there as a developer looking for a publisher I got to experience a lot of that first hand. I loved going to the show before that just to see it all and I know a lot of people here at Auran who had never been before were just awestruck at how big and exciting it was. It was even great now that my former Westwood Studios co-workers are spread to the four winds to get a chance to run into a few of them.
If this story is true I'll be very disappointed.