Forbes recently interviewed Geoffrey Zatkin, president of Electronic Entertainment Design and Research (EEDAR), and wrote he "made a rather bold claim".
This claim was that only 4% of games started will reach a profit but EEDAR has responded by saying this is all wrong, and mis-quoted. The figure isn't 4% but 20% they say.
"This was just a big mistake," says an EEDAR spokesperson. "What Geoffrey said was that only 20% of games that start production will end up with a finished product. And of that percentage of finished games, 20% will make a profit."
While there seems to have been a rather big hiccup in communication between an analyst and a journalist here, EEDAR have said that all other statistics within the Forbes article are correct. Humanity is safe for another day.
Source: Edge Online