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:
“I respect not his labors, his farm where everything has its price, who would carry the landscape, who would carry his God, to market, if he could get anything for him; who goes to market for his god as it is; on whose farm nothing grows free, whose fields bear no crops, whose meadows no flowers, whose trees no fruit, but dollars; who loves not the beauty of his fruits, whose fruits are not ripe for him till they are turned to dollars. Give me the poverty that enjoys true wealth.”
—Henry David Thoreau (1817–1862)
“All health and success does me good, however far off and withdrawn it may appear; all disease and failure helps to make me sad and does me evil, however much sympathy it may have with me or I with it.”
—Henry David Thoreau (1817–1862)