July 1994 - Part 1

Sega's Saturn premiere flops,
The Game Industry ditches CES for E3 &
Nintendo goes for cheap VR

These stories and many more on this episode of the VGNRTM!

This episode we will look back at the biggest stories in and around the video game industry in July 1994. 
As always, we'll mostly be using magazine cover dates, and those are of course always a bit behind the actual events.

Alex Smith of They Create Worlds is our cohost.  Check out his podcast here:
https://www.theycreateworlds.com/
and order his book here:
https://www.theycreateworlds.com/book

Get us on your mobile device:
Android:  https://www.google.com/podcasts?feed=aHR0cHM6Ly92aWRlb2dhbWVuZXdzcm9vbXRpbWVtYWNoaW5lLmxpYnN5bi5jb20vcnNz
iOS:      https://podcasts.apple.com/de/podcast/video-game-newsroom-time-machine

And if you like what we are doing here at the podcast, don't forget to like us on your podcasting app of choice, YouTube, and/or support us on patreon!
https://www.patreon.com/VGNRTM

Send comments on 
Mastodon @[e-mail]
Or
twitter @videogamenewsr2
Or
Instagram https://www.instagram.com/vgnrtm
Or
https://bsky.app/profile/vgnrtm.bsky.social
Or
[e-mail]

Links:
If you don't see all the links, find them here:
    https://www.patreon.com/posts/july-1994-116535754
Or check out the complete version of this month's two-parter here:
https://www.patreon.com/posts/july-1994-116535754

7 Minutes in Heaven: Streets of Rage 3
Video Version: https://www.patreon.com/posts/7-minutes-in-of-116533647
    https://www.mobygames.com/game/11193/streets-of-rage-3/

Corrections:
June 1994 Ep - https://www.patreon.com/posts/june-1994-113403594
Ethan's fine site The History of How We Play: https://thehistoryofhowweplay.wordpress.com/
    https://www.mobygames.com/group/427/dragons-lair-series-and-versions/
    https://en.wikipedia.org/wiki/Entertainment_Software_Association
    https://en.wikipedia.org/wiki/Comics_Code_Authority
    Kelsey Lewin did a video on the Extertainment Bike  https://www.youtube.com/watch?v=nEuAWIU89sQ
    The bat was called the Batter-Up Bat https://www.youtube.com/watch?v=6jt3Fa1c_zg
    I think Tom Kalinske is mixing memories with 1994 Summer CES 
    https://www.youtube.com/watch?v=kc4trf57Rgg 
    https://www.youtube.com/watch?v=sUn7cERhImY 
    https://www.polygon.com/features/2019/6/7/18653968/e3-history-1995-sega-saturn-nintendo-64-playstation-launch
    https://en.wikipedia.org/wiki/Marcia_Lucas
    https://www.mobygames.com/game/4572/final-fantasy-ii/
    https://www.mobygames.com/game/5202/final-fantasy-iii/

1994:
Japanese console sales drop dramatically
    JAPANESE MARKET SHARES, Consumer Electronics, July 11, 1994, Section: THIS WEEK'S NEWS, Vol. 34, No. 28 Pg. 15

Weak dollar hurts Japanese exports
    95-YEN RATE DEVASTATING FOR MOST EXPORTS, Jiji Press Ticker Service, JULY 14, 1994, THURSDAY
    https://www.macrotrends.net/2550/dollar-yen-exchange-rate-historical-chart

Convertible bonds are big in Japan
    Issuances of convertible bonds swell Higher Rates Hold Down Volume Of Straight Bonds, The Nikkei Weekly (Japan), July 25, 1994, Section: FINANCE; Pg. 15
    Sega's long-term debt rated A3, Japan Economic Newswire, JULY 28, 1994, THURSDAY

Semiconductor industry breaks mold
    Market Place; Are investors in semiconductor stocks living in the past?, The New York Times, July 15, 1994, Friday, Late Edition - Final, Section: Section D; ; Section D; Page 6; Column 3; Financial De