GDC 2011 is over and it’s time to take stock. One of the over-riding impressions of the Conference is the massive change going on in the business of games. Some 90% of industry revenue currently comes from the sale of packaged product: consoles and licensed- or first- party titles for them. The remaining 10% represents everything else: PC titles, mobile games, SNS (Social Network Software, aka Facebook) games, subscription MMO’s, Free-to-Play MMO’s and the rest. But this is changing fast. The traditional consoles are, at best, not growing in sales and are likely contracting. Gordon Walton mentioned it in his…



