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Short: The Death of Sega
Acquired
Sony's PlayStation: The End of the Game Industry
The PlayStation was billed as an arcade killer, but it became so much more than that over time. Before the PlayStation launched, the arcade industry was back up to about seven billion dollars a year globally. By the end of the decade, it's down to two billion dollars. It drops by 60 percent in just a few short years and it's all due to the PlayStation.
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