Posts Tagged ‘economy’

Playing for Dollars: The Growth of a Video Game Industry

Tuesday, October 6th, 2009

The panel discussion consisted mostly of the presentation given by Mike Worth, which touched concisely on the main issues related to the Videogame Growth Initiative started in Philadelphia. Worth started off with some statistics about the interactive entertainment. According to his sources, the revenue of the industry equals $41 billion for 2008. The growth of the industry has a double digit growth, compared to other industries, including the movie industry, which register decline. 250k people are employed in the interactive entertainment. Another fact he pointed out was that the interactive entertainment is a multi-discipline realm because of the variety of professionals involved n order for it to function – layers, biologists, physicians, artists, musicians. It is also integral to ethical improvement. As an example, Worth pointed out a game that has been proven to have a positive effect on children’s ability to deal with chemotherapy.

Next, Worth discussed some demographic statistics, that contrary to the common expectations state that the average gamer age is 35 years old and that 43% of the gamers are females. But why should a city need to develop game industry. Worth arguments were that the reasons are:

1. The industry will establish itself because of the community that supports it. Worth used the term sticky to describe the extremely tribal nature of the industry and the way game design studios or game store owners network with gamers all over the place.

2. It employes the expanding technology.

3. It becomes a drive and platform for innovation and fore-front technology creation (Drexel’s Lazybrains, Project NATAL)

4. It creates a community of diverse and educated professionals.

The Q&A section was focus on money matters and activities related to executing a project in real life. Hardik Bhatt, Developer at Comcast, Frank Lee, Professor, Department of COmputer Science, Drexel University, Dennis Manning, Scindocs, LLC, Lou Tranchella, 3D Artist, and Grant Shonker, Game Programmer and Designer at MegaTouch, talked briefly about issues like necessary factors for a game studio do start, current state of the industry in Philadelphia, and preparation of young professionals.

The View from Amber Street.

Monday, October 5th, 2009

Erika Mijlin, producer of ‘the View from Amber Street’ and co founder of Artifact Pictures moderated the session.
Her documentary told the story of a warehouse in Port Richmond, Philadelphia, which once was in the epicenter of the textile industry, built in 1885. It had since gone out of business when the textiles left Philadelphia and the U.S. in general, because of outsourcing. Artists and artisans now use the space. In 2005 Tom Oliver was the building owner. It was once his father’s knitting factory. Art and industry now co-exist in the building. It houses painters, bookbinders, jewelry designers, screenprinters, sculptures, and toy designers.

The bookbinders have been tenants there for 30 years. It was once a desolate building, now enriched with art and creativity.

One of the tenant’s explained that they were all “drawn to the factory to make something, couldn’t let it go,” as they were at risk of losing the building in 2005. The community got together to try to buy the building, but missed the property being sold by 30 days.

Erika Mijlin showed the new owner the documentary and, he decided to keep the warehouse as studio space.

The new owner stated ‘We can still make money with this but why not do something that means something.”

This panel highlighted how the community that was formed here was very powerful and effective because it formed in an organic way. One must form a community by each individual.

Success Practices: Why Reinvent the Wheel

Monday, October 5th, 2009

This workshop covered creative economy projects, which will highlight your city or location of business.

Lou Musante and Kevin Stolarick emphasized the importance of talent, technology, tolerance, and territory assets- how every region that is going to prosper needs all four.

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