Video game, the comic book crash had many casualties, but many prevailed in these times. And it was when it started a new wave of collectible craze for them and for companies to diversify their products to avoid similar pitfalls.
The video game crash came after a flood of lackluster or broken games along with the flood of every company trying to get into this industry. There was a few years where it was uncertain that the industry wouldn't die. PC survived because it was also used as a work tool. And when the rebirth came with Nintendo, they advertised it as the Nintendo Entertainment System (NES) and not a video game console because they were afraid it would go bust if it did.