Adam Boyes: Facing Industry Realities with Resilience

The games industry is navigating a difficult period, with economic recession and layoffs causing uncertainty. Adam Boyes, co-CEO of Iron Galaxy Studios, acknowledges the fear and concern this brings, but remains optimistic about the future. He credits the industry's resilience, learned from the COVID-19 pandemic, as a key factor in weathering the current storm. Boyes emphasizes the importance of adaptability and diversification, citing Iron Galaxy's varied partnerships and projects as a stabilizing force. The studio's ability to pivot and adjust to changing market conditions has helped it stay afloat, even when individual projects face setbacks. Boyes notes that the industry's challenges are exacerbated by factors such as reduced game releases, decreased funding, and redundancies, which can have long-term consequences. However, he believes that demand for games will eventually rebound, driven by shareholder expectations and gamer enthusiasm. In the meantime, Iron Galaxy focuses on supporting its partners and staff, prioritizing transparency and open communication to maintain morale and stability. Boyes recognizes the difficulties of making tough business decisions, such as layoffs, and the importance of providing context and empathy. He stresses that the current market dictates the needs of Iron Galaxy's partners, with a shift towards code and ports work. Ultimately, Boyes sees the industry's survival as dependent on its ability to adapt and evolve, with Iron Galaxy's flexible business model and commitment to its staff and partners positioning it for long-term success.