In an official statement
today, the Electronic Software Association has announced that the E3 trade show is cancelled. E3 was originally schedules to take place in June, as it does most years.
E3 has had a difficult time trying to define itself during the past several years. It's ostensibly an industry event but it has also become quite consumer oriented. And in a world where developers and publishers can market directly to their fans online, it's hard to justify the costs associated with attending the event. Despite this, E3 is always an exciting time of year with so many game announcements and it's disappointing to hear about this years' cancellation.
All is not lost however, some publishers are already rallying and finding alternatives for their fans. Devolver Digital, for example, plans to have a livestream
in lieu of their yearly press conference.