E3 Officially Cancelled, Marking End of an Era in Gaming Industry

Shift towards direct-to-consumer streams and rise of other events like Summer Game Fest question the need for centralized gaming events.

E3, the once prominent annual video game trade show, has been officially cancelled and will not return, marking a significant shift in the gaming industry.
The event, which was a major platform for game announcements and trailers, had been struggling for relevance in recent years, with major publishers opting to host their own presentations.
The COVID-19 pandemic accelerated E3's decline, causing the cancellation of the 2020 and 2022 editions and pushing companies towards direct-to-consumer streams.
The rise of other events like Summer Game Fest and the shift towards digital presentations have filled the gap left by E3, leading to questions about the need for a centralized gaming event.
The cancellation of E3 has been met with mixed feelings in the industry, with some mourning the loss of a key networking event, while others believe the industry has outgrown the need for such a show.