I agree with what Triumph was saying. There are so many more avenues for entertainment but our spare time has not been changing with it. The average gamer 10 years ago had TV (which wasn't as good, which was pointed out), movies, and video games. Now you have social media sites, TV (which is going through a renaissance), Netflix/Hulu/Amazon Video, messing around on your iOS/Android device (whether that includes games or not), and video games. It's just a smaller space that video games have to compete in. Combine that with out of control AAA budgets and it's easy to see why the industry is where it is now.