Valve's Gabe Newell Describes the Transforming Economic Model of the Videogame Industry

Valve's Gabe Newell recently spoke at the Washington Technology Industry Association's TechNW conference in Seattle, going in-depth about the transforming economic model of the videogame industry. From piracy to free-to-play to secret pricing experiments on Steam, Newell was surprisingly open, admitting that there are numerous factors impacting how and why customers spend money on videogames that publishers and distriubtors, Valve included, simply don't understand yet.