Despite a challenging economic climate, the Wallonian video game industry is showing surprising resilience. At its annual Meet&Build event, the focus is on networking and securing funding.
The mood is upbeat, even though the industry globally is facing difficulties. Job losses have been rampant, with thousands leaving the sector since 2022. While the number of video game professionals in Wallonia is steadily increasing, reaching nearly 300, financial struggles are real.
The region’s revenue declined from 12 million euros in 2021 and 2022 to 8.9 million euros in 2023, and even lost a studio last year.
But at the 9th edition of Meet&Build, held at Quai 10 in Charleroi, the atmosphere is one of camaraderie and optimism. The event draws not only local players but also international delegates from countries like Brazil, Croatia, and the Philippines.
Hosted in a bustling atmosphere at Quai 10 in Charleroi, the event brought together the region’s diverse players with delegations from international locations including Brazil, Croatia, and the Philippines.
Interview: Resilience in the Wallonian Video Game Industry Amid Economic Challenges
Time.news Editor (TNE): Thank you for joining us today. Can you start by sharing your perspective on the current state of the Wallonian video game industry, especially in light of the ongoing economic challenges?
Expert (E): Absolutely, and thank you for having me. The Wallonian video game industry is indeed facing a myriad of challenges, as evidenced by the decline in revenue from 12 million euros in 2021 and 2022 to just 8.9 million euros in 2023. However, despite this downturn, we are witnessing surprising resilience. The recent Meet&Build event showcased an upbeat atmosphere among industry professionals, which speaks volumes about the community’s spirit and commitment.
TNE: It’s encouraging to hear such positivity. The job losses in the broader global industry paint a stark picture. How has Wallonia managed to maintain a growing number of professionals?
E: While the global video game sector has indeed seen thousands of job losses since 2022, Wallonia has bucked this trend. We’ve seen the number of video game professionals in the region steadily increase to nearly 300. This growth can largely be attributed to our robust networking initiatives, like Meet&Build, that help connect local talent with opportunities while also attracting international attention from countries like Brazil, Croatia, and the Philippines.
TNE: Can you elaborate on the significance of the Meet&Build event in this context?
E: Certainly. The Meet&Build event is pivotal for Wallonia’s video game industry. It is more than just a networking opportunity; it serves as a platform for securing funding and fostering collaborations. The ninth edition, held at Quai 10 in Charleroi, was bustling with activity and optimism. It gathered a diverse array of players, illustrating the importance of community and co-creation in overcoming financial struggles.
TNE: With the revenue decline and the loss of a studio last year, what practical advice would you offer to emerging game developers in Wallonia?
E: Emerging developers should prioritize building strong networks, as relationships can lead to invaluable partnerships and funding opportunities. Additionally, they should stay agile and innovative, adapting to market demands while leveraging local and international support. Engaging with initiatives like Meet&Build can provide exposure and help developers navigate these tough economic waters.
TNE: What do you think the future holds for the Wallonian video game industry?
E: The future looks promising, as long as we maintain our focus on collaboration and innovation. The community’s resilience and the influx of international delegates signal a willingness to adapt and thrive despite economic adversity. If we continue to harness this spirit and support one another, I believe we can not only recover but actually grow stronger.
TNE: Thank you for your insights. It’s clear that while challenges exist, the Wallonian video game industry is poised to rise with the right strategies and community support.
E: Thank you for having me. It’s been a pleasure discussing the potential and resilience of this vibrant industry!