SEGA and Tencent are skipping E3 2023 as well

Companies are starting to drop out of E3 2023 one by one, painting a dire picture of what should've been a joyous occasion for E3.

Another pair of companies just hammered more nails in to the coffin of E3 2023.

Tencent's decision to skip E3 2023 is less suprising but it's still a big deal.

Just a day after Ubisoft dropped out of E3 2023, SEGA and Tencent have confirmed in a statement with IGN that they won't be attending either.

Neither explained the reason behind their decision but it likely has something to do with the lack of exhibitors for E3 2023.

Believe it or not, the gaming industry is just as prone to FOMO as every other industry.

In this particular case, companies might feel like they're missing out if they stay as participants for E3 2023.

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It's unfortunate that E3 is losing notable publishers just months before it starts. E3 has struggled to maintain relevancy in recent years and the coronavirus pandemic made a bad situation a whole lot worse.

After canceling the 2020 event, E3 held a digital-only showcase in 2021, which didn't do so well, before skipping last year. This year was supposed to be a big deal for E3 as this is the first E3 with in-person audiences since 2019.

It certainly doesn't help that Geoff Keighley's Summer Game Fest has pretty much supplanted E3. Ironically, Geoff Keighley "created" the event to fill in the void left by the cancelation of E3 2020. Now, Geoff Keighley's Summer Game Fest is one of the most highly anticipated showcases every year, alongside The Game Awards, and others.

We're hoping that video game publishers will host their own showcases after skipping E3 2023 if only so that gamers have far more to look forward to in June.

Konami, Electronic Arts, Square Enix, Activision Blizzard, and Take-Two Interactive are some of the big names left that haven't dropped out of E3 2023, yet.

There's genuine concern among credible sources that E3 2023 could get canceled in light of the recent developments.

Ray Ampoloquio
Ray is a lifelong gamer with a nose for keeping up with the latest news in and out of the gaming industry. When he's not reading, writing, editing, and playing video games, he builds and repairs computers in his spare time. You can find Ray on Twitter.