Market Failure
The Emerson version of the console was essentially considered dead on arrival in the USA. The system came out at nearly the same time as the Atari 5200 and the ColecoVision were released. In addition, Atari's use of exclusive rights to many games made it virtually impossible for Emerson to get popular games to the console.
Emerson actually created many popular arcade titles including Pac-Man, Galaxian and Defender for the Arcadia and had them manufactured. However, Atari started to sue its competitor companies for releasing games to which it had exclusive-rights agreements and Emerson was left with thousands of manufactured games that could no longer be sold.
Read more about this topic: Arcadia 2001
Famous quotes containing the words market and/or failure:
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)
“Every failure teaches a man something, to wit, that he will probably fail again next time.”
—H.L. (Henry Lewis)