Is Facebook the Napster of the Games Industry?

Will Electronic Arts (EA) lumber to a bargain basement valuation behind the record labels?

Will EA’s Pogo.com raise the company to a Facebook style valuation? (using social network community metrics and Facebook as a comparable).

Gabe Zichermann made a strong case at the LA Games Conference that Facebook is going to Napsterize the games industry. Incumbent majors are taking a wait and see approach to Fabook, while the people, “the little guys”, now have the tools to create a whole new gaming paradigm.

Gabe cites developers who are not traditional game developers are using Facebook’s platform to create highly successful games: Blake Commagere created Vampire, Zombies and WereWolves, some of the most successful apps ever.

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