[JeffL]

I've seen and heard about this a lot in US gaming companies too. The culture is something like "we're so passionate about games that we have to do super-crunch time to get things finished by the deadline." But I think the reality is that a lot game companies tend to just be run extremely poorly. People who are more competent managers and want to make money are in other industries, people who "just want to make games", are making games, and I think at least on the management side, that dilutes the talent pool a lot.

It could be my personal limited experience, but I've seen several really badly run game companies, and none that seemed to be run well at all.