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The new machines had some success when they finally became available in quantity in 1980. From this platform Atari released their next-generation game console in 1982, the Atari 5200. It was unsuccessful due to incompatibility with the 2600 game library, a small quantity of dedicated games, and notoriously unreliable controllers.
Atari lost more than US$530 million in 1983, leading to Kassar's resignation and the appointment of James J. Morgan as CEO.
Oct 13, 2023 · What killed Atari? Atari has gone through multiple transitions to stay alive as a company. The reason the company is no longer a household name for home computing or video game consoles is that it was unable to outperform competitors. It also fell victim to the video game crash of 1983. Is Atari Japanese?
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In 1980, Atari's licensed version of Space Invaders from Taito became the console's killer application; sales of the VCS quadrupled, and the game was the first title to sell more than a million copies.
Aug 21, 2008 · This comprehensive look back, filled with quotes from the original creators and other primary sources, offers a detailed peek into the company that popularized video gaming as the '70s turned into the '80s, and created the first viable market for home consoles.
In January 1980, Atari began an effort to shift the emphasis of the video game industry away from holiday-generated sales, to prove that people were willing to buy video games all year round. To do this, Atari introduced four new video game cartridges late in the first month of the year.
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Mar 27, 2024 · The ‘video game crash of 1983’, also known as the ‘Atari shock’, marked the rapid decline of the US video game industry, including a $500 million loss for Atari. The success of Atari in the late 70s led to dozens of copycat companies, flooding the market with consoles of varying quality.
