Again, that's just what it looks like. Most of my friends in the industry have been in it long enough to have escaped into the Indie space, which isn't without its own bloodletting, but the dynamics are very different. It's starting to reach down into there, though: I've heard horror stories of a single missed milestone that dissolves an entire contract, or the increasingly Darwinian terms. Bad seems insufficient, but it's also a very broad spectrum. So: things are bad.
