ESA president leaving post? |
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You guys are all aware what the heck Entertainment Software Association is, right? Being the main videogame trade group in the U.S., the said association used to take care of the annual anticipated E3 expo trade show. Used to. Not anymore. Things have changed, haven't you heard about "it"?At any rate, ESA is in the news again today as words about the resignation of President Doug Lowenstein continues to spread. This actually began as early as Friday but we decided not to report it yet because information are still scarce. However, it seems that the resignation will indeed push through.
Various reports have mentioned that Lowenstein accepted a position with another trade organization that is yet to be launched. Furthermore, the said group will be composed of representatives from a consortium of investment community forms. The reports have mentioned that the president will leave ESA early 2007. There is now a question, if these are true, whether Lowenstein would finish his term or not. His term is to expire this coming February.
More importantly, everyone is wondering what further repercussions this would have in the upcoming E3. The reports finally mentioned that an announcement was made during the weekend but it would be revealed within today or tomorrow. Try checking later for updates regarding this matter.
Via GameSpot
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Comments [refresh]
Maybe he was told to leave.
If I was a stockholder in a company that made a decision to go from conventions that cost (and made) tons of money, to conventions that had a few vendors and drew no excitement (and little money)... Well, I think I'd be pretty pissed. I think I'd be demanding his head. (Barring that, his resignation.)
Now, we have a story saying he's resigning... Right after the very fiasco I just mentioned.
Gee, I wonder what happened?