rumor rumor rumor rumor I keep thinking rumor ! but i also think but if true!
According to numerous inside sources, it's all over. Next-Gen is claiming that within the next 48 hours, ESA president Doug Lowenstein is expected to announce the cancellation of the industry's most illustrous event: the Electronic Entertainment Expo, or E3. Twelve years running, the show has been stated as being far too expensive for what companies received in terms of exposure and publicity; it was simply too big for its own good. This comes as a shocking blow to gamers themselves, who look forward to the show for the biggest announcements and reveals from their favorite companies.
Specifics can be found in the Next-Gen and Joystiq articles, Nintendo's press conferences were certainly one of the most beloved parts of the show, and the days of giddy excitement waiting for Reggie and Iwata to take the stage may be long gone. Does this reinforce the idea of the Spaceworld expo coming later this year? Whatever the case may be, it is truly a sad day in the magical land of video games.