r/LosAngelesStonks • • 18h ago

😂 Meme The millennials strike back

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u/Practical-Magician14 14h ago

The great atari collapse 😝

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u/3spanishwords 14h ago

I was just a kid but I do remember Atari had lost the first great console war

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u/Steiney1 12h ago

they didn't lose any console war! Atari was practically unchallenged from 1976 to 1985. Atari was bought by Warner Communications and lacked any long-term strategy, then they lost talent when they refused to pay royalties earned to the artists, then they rushed a literal shit-ton of unplayable ports of proper arcade games to market. They fucked up the port of Pac-Man for fucks sake! then, no one bought the 5200, 7800, Lynx, and eventually the Jaguar, although their Personal Computer models of 400, and 800 (XL) sold very well, by 1983 a flood of unlicensed games saturated the market and sank them financially. Atari did all of this to themselves. the NES nailed the coffin shut in 1985, when it was just a better system and Nintendo controlled the licensing like a hawk, thinking about their own long-term the way Atari never did.

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u/3spanishwords 11h ago

Great response. Thanks for the info it's really interesting isn't it ?