Blizzard Co-Founder’s Game Startup Struggles Amid Industry Glut

The article discusses the struggles faced by Mike Morhaime's new game startup, Dreamhaven, amid the current industry glut. Morhaime, a co-founder of the successful video game company Blizzard Entertainment, recently sent a letter to his Dreamhaven staff, expressing his regret over the challenges the company is facing. The article notes that the gaming industry is currently experiencing a surplus of new game releases, making it increasingly difficult for smaller, independent studios like Dreamhaven to gain traction. The letter from Morhaime suggests that the company is being forced to make tough decisions, potentially including layoffs, in order to navigate the current market conditions. The article does not provide detailed information on the specific challenges faced by Dreamhaven or the exact nature of the changes the company is considering. However, it highlights the broader challenges faced by new game studios in an increasingly competitive and saturated industry.