<ul><li>E3, once the premier event for gaming enthusiasts and industry giants, faced challenges such as high costs and logistical issues.</li><li>The COVID-19 pandemic forced E3 to transition to a virtual format, which failed to capture the magic of in-person events.</li><li>Participant withdrawals, including major players like Sony and Microsoft, highlighted the need for financial agility and responsiveness to industry shifts.</li><li>The rise of alternative gaming events and digital showcases emphasizes the importance of remaining relevant and embracing technology.</li></ul>

E3’s Downfall: Why the Gaming Giant Couldn’t Survive

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