Speaker unverified: uncertainty

Transcript context

…There was another thing we brought up on the Nintendo episode where I'm curious for both of your fact check on. I was shocked to learn that the gaming industry has always been larger than TV and Hollywood if you include the total coin drop in arcades. I always just thought this was this new phenomenon of like, wow, video games have become so much a part of the fabric of our society. Our research was basically like, I think it's always been true. It could be. I don't know as much about what they count when they count the Hollywood revenues or the music industry revenues, whether it's ticket prices or what. I think regardless, the really interesting fact is how big the arcade business was. If you go back and look, people do these really clever little graphical drawings, where they show how we got from early games business to the 180 billion of today, and they show sectors by market share as they ebbed and flowed. The thing that always stands out when you look at it is just not only how big the arcade business was, but how long it persisted. You think about Sega. When we were researching for the Console Castles episode, it was so clear that these console manufacturers really were wrestling with, do we risk it? Do we risk our business? In a lot of ways, it's probably why Sega isn't what it was or isn't Nintendo. They were trying to protect. They're literally making billions of dollars in revenue in the 70s. Of course, you're not going to stop doing that.…

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