This Week in the Business: 'PS Vita Will Die a Horrible Premature Death'

What's happened in the business of video games this past week ...

QUOTE | "PS Vita will die a horrible premature death."—Bossa Studios head Henrique Olifiers giving his provocative take on how Sony's new device will do in the market.

QUOTE | "Xbox 720 in 2012 would be a disaster."—Veteran games journalist Chris Morris talking about what Microsoft has to do to make the Xbox 720 a success.

QUOTE | "Quite frankly, this is cutting into my Skyrim time."—Epic design director Cliff Bleszinski, talking during the Spike VGAs, says Skyrim is now his favorite game since the original Zelda.

QUOTE | "I hope digital distribution stabs the used game market in the heart."—Chris Avellone, Chief Creative Officer for Obsidian Entertainment, on what he thinks about digital distribution.

QUOTE | "If more than half of people disagree with my opinion, I'm an idiot."—Analyst Michael Pachter talking about what it takes to be a game industry analyst.

STAT | 33%—Amount of total time on Wii that Wii users spend watching streaming video instead of playing games, according to a new study from Nielsen.

QUOTE | "Games will someday take over the world."—Sid Meier, designer of Civilization, talking about what he sees for the future of the gaming industry.

QUOTE | "PlayStation Move is tighter, cleaner and more precise."—Brian Upton, creative director on the upcoming Move title Sorcery, discusses why he thinks Move is better than Wii or Kinect.

QUOTE | "We're already achieving near PS3 cinematics."—Victor Harris, producer on Uncharted: Golden Abyss, talking about how Sony is in it for the long term with the PS Vita.

QUOTE | "Social gaming will see massive layoffs." - Rick Marazzani, head of content programming for Exent, talking about what the social game market will look like in 2012 as companies use more "belt tightening."

STAT | $3 Billion—Amount of game industry retail sales in November which is basically unchanged from 2010 despite huge Black Friday numbers and lots of hit software.

QUOTE | "No reason we can't build a company as big as Disney."—Rovio's Peter Vesterbacka talks about Angry Birds' continued momentum and how Rovio will build on that success.

This Week in the Business courtesy of IndustryGamers.com

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