Actually, it does. Every year there are two or three reasonably high profile games that simply don't sell anywhere near what their publisher expects them to - in fact often end up making a loss. Good studios end up closing and lots of people lose their jobs over it. That's got to be at least partly because they release their games in the same month as CoD, FIFA and all of the other 'top tier' titles and (especially these days) people just don't have the discretionary spending to buy them all, or time to play them if they did.
So what has happened in the last couple of years is they've moved the 'mid tier' stuff out from under the juggernaut's feet, to the first quarter of the year after. There are now almost as many games out in February as November. Of course they've
all moved to February, so now they're all treading on each other's toes and they'll still have the same problem.
The Games Industry - couldn't manage it's way out of a paper bag. That was on fire. And had 'exit this way' and an arrow written on it.