GAME executives considering immediate closure

Rumours suggest that the executives of high street retailer Game, could be considering the end of the franchise with little confidence that it can survive the year.

There's some weight to this hearsay as well, since just last week it was announced the game seller had failed to strike a new distribution deal with both Electronic Arts and Nintendo. With the former set to release some of the biggest titles of 2012 and the latter potentially debuting its next generation console this year, this leaves Game in a difficult situation.

Express is quoting sources "close to the situation" as saying: "There is a real risk that Game's directors will pull the plug because they can't be sure that the company can survive through the next trading season, and then insolvency becomes inevitable."

With nearly 6,000 people employed by the firm, a closure of its several hundred stores would be a big change for many people professionally. For pure nostalgic reasons, many more customers would likely be sad to see the stores go.

However, with other companies like HMV also struggling to stay relevant in a gaming economy that is more focused on direct downloads than in-store sales - and the industry's own efforts to clamp down on used games - it seems somewhat inevitable that whether Game closes now or not, it won't be around for much longer.

The only potential saving grace for the firm is if it can turn around lost deals with major publishers and perhaps close a large number of unprofitable outlets. Maybe another company will buy the chain and incorporate game sales into a broader sales outlet as well.