Red Shield
Global Domination
It most definitely is dying.
Sales are down. The number of studios is down. The number of games is down.
Franchise juggernauts are faltering.
The price of AAA development is so high that it is not a sustainable practice. Games are now taking 3-5 years to complete while having monstrous budgets while the consoles are now spitting out different versions meaning more work for those studios.
One single flop will close a studios doors. That is not sustainable.
The number of indies keeps rising for good reason. The stakes are lower and you can miss without it crippling you.
When a studio has to sell 5-10 million copies just to be profitable that is not going to last.
The current AAA model is the equivalent of a movie studio making nothing but 200 million dollar blockbusters and having to hit on 100% of them.
someone had a list of the studios that ceased since the start of last gen

Hope the mid tier market can come back.. don't want it to be between AAA and indies..