1992: Will VIDEO GAMES kill the radio star? | The Money Programme | Retro Gaming | BBC Archive
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- Опубликовано: 5 май 2022
- The Money Programme looks at the burgeoning global video games market. The release of Sonic the Hedgehog 2 for the Sega Megadrive - which has become the fastest-selling game of all time, and looks set to become the highest-grossing entertainment product of 1992 - has demonstrated that games are capable of usurping the sales of the traditional record industry. Is the entertainment market big enough to accommodate this electronic hedgehog and his video game kin, or will the success of electronic games inevitably lead to sales of other media dwindling?
Peter Wilson-Smith asks Nick Alexander of Sega, business analyst Sophia Bergqvist, John Laidlaw of Our Price, Damage Management's Ed Bicknell, Gamesmaster presenter Dominik Diamond and BMG Chairman John Preston; will video games kill the radio star?
Originally broadcast 29 November 1992.
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Развлечения
are we always in a recession or something?
that's capitalism baby
Depends on how bad the recession gets. You can have had the market slow down or some that happened in 2008 or in the 20s.
Just an excuse to keep putting prices up!
Only when Democrats get in power.
Literally part of capitalism 🙃
4:28 an amazing first impression of Sonic 2 right here.
"Where am I, wut the 'ell am I doing?"
"Look I spun around!"
Lol
And that's all it took to make this one a life-long gamer. Cheers Sonic.
If Dominic Diamond thought music was crap then he was in for a shock 30 years later.
He said, the year Nirvana's 'Nevermind' was released 🤦
I know, early 90s music owned! How did it go so horribly wrong?
trap
@@GhastlyCretin yeah and blood sugar sex magic and Use your illusions. 91 was a great yeah for album releases
@@watermelonineasterhay people will be saying the same thing about early 2020s music in the early 2050s, it's just a constant cycle of "the thing i grew up with was great, the new thing is bad"
A kid putting in that Sonic 1 cartridge for the first time and seeing the vibrant, energetic colours and hearing the uplifting, melodic music of Green Hill Zone was immediately enchanted.
*Sonic 2, *Emerald Hill Zone
It was certainly a step up from my Spectrum+2A 😂
@@Brimstoneandfire R Tape loading error
As was I!
“Look I’m spinning and getting the coins!!” - 90s kid playing sonic
Mark 2 of sonic the hedgehog is the most news explaining video games thing ever
He was referencing the Mega Drive Mark II which was releasing at the same time as Sonic 2.
@@t3hOutlaw he wasn’t, the Mega Drive 2 was released around mid-late 1993, while sonic 2 was released November 1992. He was definitely talking about Sonic 2.
The success is they were interactive, you could emerge yourself in the actual game, this seems something now for people that has always been there but at the time this was truly unbelievable. From Pong when I was around 8 to Mario and sonic at around 17 these were magical, you couldn't save your progress once you ran out of go's you had to start from the begging again and we did immediately. I'm 56 now and will never forget the wonder of the first video games
My first was a Commodore 64! Now that took patients lol!
Immerse*
@@clareswinney1087 patience* 😂
Creation of 'Mario The Plumber' :P
Mario hasn't been a plumber for 30 years.
When was the last time he was seen holding a plunger? LOL
Keep this stuff coming BBC Archive 🙏
1992 in a nutshell- Sonic 2 dominating the videogames market, Dire Straits still the biggest selling 'CD band', that poor girl singing along to Cher's Greatest Hits (the biggest selling CD in the UK that year), Our Price records still open, and Dominik Diamond before he got a haircut, simpler times.
"Where the hell am I? What am I doing?"
Oh my dear lad, I'm still asking that question in games 30 years later.
0:33 Holy crap an R360. Those were so rare and so expensive. Today one of those would cost about $250,000.
Now the videogame industry is 3x bigger than the movie industry
Amazing looking at that footage of Nintendo making SMB3 (or "Mario the Plumber" apparently). Its just like Super Mario Maker! Cool!
Brilliant 👍
The 80s fashion extended further into the 90s than I remember.
Two years isn't long enough for the average person to replace their entire wardrobe.
Late 80's and early 90's were pretty much the same period for fashion, music, popular culture etc. Mid 90's and early 90's are two different periods.
I’m still in the 80s
I remember half the clothes people say were from the 90's, were actually from the mid to late 80's.
The 80's casted a long shadow. It gets better around 94 though.
Of course, with hindsight we all know about the music industry crash of 1993 when everybody suddenly stopped listening to music and only played video games. To think, people under the age of 30 only know what music is from the stories told by their parents and grandparents. The last known piece of music ever produced was Mister Loverman by Shabba Ranks.
😂
SHABBA
😂
With what was on offer, you can see why the market tanked.
This was right & wrong at the same time, literally a few years on and UK music peaked with a furious resurgence. While video games growth hasn’t stopped.
@@madcommodore Whatever old man.
in both cases, advances in technology (particularly the rise of the internet) accelerated the peak of music and the greater explosion in video gaming
Crazy to think Dire Straits was the band that sold the most CDs in 1992. The music industry was definitely due for a kick in the pants.
This footage is fantastic, wonderful quality.
Christ, if Dominic thought '92 music was faceless and bland god knows what he thinks of '22...
I think crap music existed in all times. As time goes on people only remember the good songs from an era and leave the rubbish in the past.
@Jim Crawford The Prodigy, Nirvana, NWA, Wu-Tang clan all got big in the 90's. What are you thinking of when you say it was terrible? The 90's had some awful music but so does every era.
@@jonmac1987 Yes, but what is kept floating in the mainstream has changed dramatically and most agree it is a far cry from what actually used to be; people who knew how to play a musical instrument, write lyrics, and actually sing,
@@Hysteria98 Most agree? Like who? I'm interested to know what you would point to as an example?
@@jonmac1987 Mate, ask just about anyone on the street- regardless of adult age or braincells, most will say the same thing.
Whoever was controlling sonic behind him at 1:30 was having a right mare.
First level too 😆
Can’t see it taking off tbh
yeah, these computers things will go nowhere, cable television is where it's at!
4:23 what?? No kids had EVER both Nintendo and Sega!
That is impossible!!
I would if I could at the time lol.
i did
What a time to be alive👍
Those kids playing sonic now have kids themselves. Wow, time flies.
That’s not really that crazy, there are people who were born in 2000 who have babies.
The strangest thing is that physical toys are still very much a thing and video games are still massive.
Music also boomed like gold a few years later
Rrright. Toys R Us in the U.S. closed all its stores several years ago.
@@TinLeadHammer Other big toy shops like Smyths. Here in England anyway.
it's almost as if multiple products can co-exist and this idea that one has to replace the other is nonsense
3:07 that poor girl being asked to provide B-Roll of listening to music. It's like a friendly hostage situation
#this was exactly my point to my partner!!!! have a can of coke yersel
Bet she didn't get a penny...
But...what bar is she?
She was certainly extremely happy to go on the TV and told all her friends and family
The toy industry is still thriving. The music industry is still relevant. It's the arcade, yes those machines featured at the start of this video that's dead and it's sad to see.
Then sega started putting out too much hardware with substandard software!
@@pmbbmp Well, he's right.
But they definitely went out with a bang! The Dreamcast was a turning point of bringing near perfect arcade games into the home console domain. With Sega’s excellent arcade output that was a dream come true for me…If only they could have managed it better, probably would have kept them in the hardware game for another generation at least.
My sister was give one of those bunnies for Christmas. We didn't have a games console lol
0:42 Dave Perry Sighting their
Lmao, this is probably what my parents were watching around about the time I was walking round Debenhams queuing to play the demo consoles
@7:14 I'd love to go back and tell them that video games have over taken movies and music in the entertainment industry. But strangely Books, TV and (especially) gambling are still in the top spots in 2022 (financially at least).
4:00 If they only knew aBout Loot Boxes and Fifi decks , man o man , they would really think people were Crazy for the money they Spend on that!
They are crazy for spending money on that crap.
loot boxes, NFTS, games as a service and all manner of rip offs.
In 1992... no one died.
Facts
@@kolonizednetworks Fact x Importance = NEWS!
Isaac Asimov : Allow me to die.
"strange electronic world" 😂
The growth rate for video game revenue was wildly underestimated.
As usual, except for the people who actually liked them. However, the biggest contributing factor more than the market itself was actually the internet, it has accelerated it hugely.
That cheesy 90s house. Yes! CRT tubes , CDs
They even misspelt Dominik Diamond's name.
1:50 Beta Super Mario Bros 3!!!!!! Official level editor!!!!
Damn this brings back so many great memories!
3:01 I’m sure that is Our Price in the then newly opened Harlequin Shopping Centre in Watford
Segas mark 2 version of Sonic the hedgehog and Mario the plumber? I wonder if he ever reported on part 2 of that fighters of the street game?
He still has fond memories of the man that packed and that Ferrari that ran out. 😅
In 2022 the video game industry is bigger than the movie industry and the music industry combined, music sales have almost been replaced by streaming too.
History seems to suggest the record companies' solution was to make music worse.
I was 13 in 1992 and all I could think about was Sega Mega Drive games. A year later I discovered rock music and all I could think about was buying albums and going to festivals and didn’t look at a video game again. Then came Britpop which must have helped the music industry too.
Great video. Such a bad take on the music industry risk though.
Good times. I was 15 years old and never even noticed a recession.
6:33 someone had a good Christmas game gear with the accessories throw in a few games no time for Christmas dinner that day haha..
They got an AC adapter too,smart move because batteries were pointless with that thing.
I feel like I've seen this Dominic Diamond dude before...years ago back in the late 90s/early 00s. Did he appear on that ITV late night videogame show, Cybernet?
He presented Games Master :D
These music industry guys are in for a real shock when Napster comes along.
5:03 Lmao Assange, whatcha doin here?
At the end of the video, there's a music video, what's it called?
It's weird to think of games and music being a competition
Looking at how electronic games could effect the music industry... this was nothing compared to what was coming.... streaming.
Interesting as this is before the music industry got a boost in 1997 when the first digital download was sold.
6:53 wish he was my dad back then.🎁🎄
31 years ago …..
Wow
I’m old
0:42 what's the song name?
Who is that singing at the end? Is there a video?
Take me back.
one word: segaworld
Damn you nostalgia! I want to time travel.
What is that song playing at 0:42?
They feel the need to explain that games can be played on a TV using a 'special console', as though it was a new invention for the 90s!
To be fair, as she says in the report, only 11% of UK households had a games console at that time. No internet, very few dedicated programmes about video games (only Gamesmaster and Bad Influence spring to mind), it's understandable that they felt the need to explain it to the general public who probably didn't have a clue about much of this.
@@scottyunitedboy2925 But a massive number of households owned a computer that connected to a TV and was used as a game console in the '80s, as well as people who owned Pong machines. They could've simply said "a more advanced type of Pong machine" or "a computer without a keyboard" and the viewers would've known what it was. Almost every kid I knew had either a Commodore 64, Amstrad CPC or ZX Spectrum.
It's a financial show, it isn't watched by normal people, it is watched by grandparents interested in who to invest their savings in. They wouldn't have a clue what a games console is.
The NES existed in the 1980s, (and things like Atari 2600 before it) so it wasn't a brand new thing
There was the big video game crash of 1984
Mario the plumber. I haven’t played that game yet.
It was Numtendo's answer to Spikey Blue Blur.
How much did SEGA give the BBC for this advert?
I still remember Mortal Monday for the Mortal Combat release 🤣 good times.
7:00 Do you think this guy knew the Dreamcast was already on the way in 1992?
'only 1 in 10 households have a console - we see a great growth potential'
Kind of forgot to mention that probably 7 or 8 out of 10 had an Amiga instead :)
8 out of 10? No chance.
@4:40 Interesting Dominic Diamond saying rock music was bland and faceless. Two years later Brit Pop would explode making rock music exciting in the UK again.
It certainly is a strange electronic world.. go for a walk
RIP Our Price
i cant find that music video of supersonic
Nice cameo by Bowie's Scary Monsters, his best album since Scary Monsters.
It's just a fad...
yeah it will pass
@@RWL2012 a minute passes in every 60 seconds in africa
I wonder how upset these people would be if they knew how much streaming music would impact compact disk sales.
I was 12 in 1992 and thought console games were naff. I played Champ man for hours on end on PC though. Then the Playstation came out and I flirted with that for two or three years (Tomb Raider and Fifa), until it got switched off for the last time and put in a box. I haven't played a computer game of any kind in about 25 years.
Which Our Price is that from?
*Birmingham the Palacedes!*
I never did beat sonic 2 as a kid. Had they had memory cards probably would have beaten. Back then you couldn't save games and had to start over once you die. Once memory cards could save games, games became longer.
That final boss was impossible!!
ahh wonder boy music , great game
Can't believe that kid had a snes and a mega drive. In 1992 I was a proud owner of a Commodore 64 🥲
Main competitors being consumer electronics companies...
I wonder how much Sega knew about the Sony/Panasonic/Nintendo collaborations behind the scenes at this point? Poor guys. They played the game as best they could... Playstation was just a better, more accessible more affordable product.
2:50 John is jez's dad no doubt.
Can you upload HangaRRR 17 the complete series.With grandmothers.With the grandmothers corolla forfeits.Uncut.30 minutes.ALL 32 episodes.PLease Paul Leyshon?.
0:45 THat man is On drugs!
( wow, he is Lit!_)
Yeah saw that look many a time when the Rave music scene took off : )
Did they just say that video games and music are converging? Nonsense 😂
*I’m waiting for the Super Nintendo to come out Xmas*
In 2021 video game revenue was projected at almost 219 billion dollars.
And Sega went and messed it up. RIP Dreamcast
I like to think it had more to do with the other companies having deeper pockets… Sony and Microsoft were money pits that Sega couldn’t compete with. Even Nintendo could mess up badly and it still wouldn’t put a dent in their bottom line. Sega knew it was time to bow out, especially after they banked everything they had on the Dreamcast. Still, it had a good run, until it became apparent how easy it was to just burn games on to CD-R.
Nintendo messed up badly too by starting and then leaving the Playstation project with Sony because "optical discs will never take off in gaming so we've decided to stick with cartridges". Sony and Microsoft have utterly dominated Nintendo for the past 25 years while using optical discs.
Sony: That's Cute .......
Contra👍
Britpop was just around the corner...
Sony (Playstation), Microsoft (XBox), Apple (iPod then the iPhone) would later all get in on entertainment industry assisted by the phenomenal rise and the power of the internet.
The rest, as they say, is history.
Sony was already in it with Nintendo, till ninty screwed them over!
Almost manufacturing their own destruction!
@@geesterfunk nintendo are stronger than ever
@@websterdrums Sony is the largest gaming company by revenue , buddy. Last year alone, their software sold a whopping $19b, pushing their stock above their previous record. The Switch may be selling like hot cakes, but Sony’s previous 4 consoles are among the top 10 best selling consoles. If not for the chip shortage, the PS5 was selling better than the PS2 and the PS4 at the same time. And Nintendo’s lack of third party games and super weak hardware still means a much lower software attachment rate than either the PS4 or the PS5. And now every PS exclusive, like Ghost of Tsushima or the Norse God of War, make well over a $1b in revenue each. They’re still on fire.
This Video is from 1992... You're making reference to 2005 and up... you clearly don't understand what this video was about or how technology works.
Watching this on my ps4 Pro in the 2020s 😅
It's interesting seeing Dominic Diamond before he was crucified
In the background.. Sony is working on a monster after being left at the altar by Nintendo..
4 years later the PlayStation is born!
And now some of the biggest money makers in gaming are made in the UK.
It was even more so in the 90's. Thanks to the inexpensive ZX Spectrums of the early 80's the 90's had an abundance of 20-something programmers who created some of the biggest games companies on the planet, DMA Design, Bitmap Brothers, Bullfrog, Core, Sensible Software, Team 17, etc. Many would go on to create franchises that still exist today like Tomb Raider and Grand Theft Auto.
@@krashd None of the those developers exist today
I just love it how back in the day and probably to this day. In little England these posh etonians that run these companies, look like the people that do not partake in anything that they actually sell.
What, do you expect the companies to be run by children and teenagers?
I just love it back in the day.
I think you’ll find you’d be completely deluded.
@@Gigantemanatee I think you will find you have only ever commented 8 times ever on youtube........lol
@@HometownUnicorn When do I get my prize?
OuWa OuWa!
and now HMV aren't selling any videogames
Given how often it seems to be in administration, HMV doesn't appear to be selling much of anything.
I think our local HMV sells a very selective few, but no need to now with GAME and CEX... mostly DVDs and Blurays nowadays.
Most video games are digital copies nowadays, sold through digital distribution like PlayStation Store and others
Most of my collection is digital copies
Sega . How did they screw up?