Valve continues to have problems in the wake of Epic (and now Discord) giving developers more of the earnings pie, as the year draws to a close. Meanwhile, T.J. explains his gamertag.
This week’s episode includes the following news items:
Let us know what your favorite game of 2018 was.
This week we’re on vacation but Don is not, so he took the time to build out a cool mashup of some of the podcasts most memorable “moments.” Of course, most of them are the strangest bloopers and oddities that we had a couple lol’s re-listening to them. Consider this the greatest moments in the last sixty episodes wrapped up in a 4-minute time period. Holy crap.
2020 is coming to a close, and the crew talk about the absolute shitshow that Cyberpunk 2077 has been in the past few weeks. The Gaming Flashback this week is Demon’s Souls, which is a game that T.J. loves and hates. They also discuss how the PlayStation 5 is in trouble.
This week’s news items include:
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Halloween is a scary time of year, no less when you’re posting a $310 million net loss. EA CEO John Riccitiello sees “weakness” at retail in October and we’re betting this isn’t the end of the road of sorrow for game publishers around the globe.
Electronic Arts isn’t unfamiliar with bad times and we’re sure to see them make constant adjustments to their headcount, game releases and press as the economy goes into a bit of a slump. Although the game industry won’t see as big a hit as the financial market, everyone is going to watch their spending during slower economic times.
That slowness is a red flag for the mega-publisher, which says it’s “proactively making cost adjustments now.” One of those adjustments is the axing of some 600 EA employees across the globe. (Kotaku)
Last year Electronic Arts lost a “small” $195 million during the same time, not exactly a gold star on the financial records but it sure looks better than this loss. A few games may crumble under the economic pressures, Tiberium for example, but let us not forget the good times! EA posted some nice figures for Spore, Madden NFL 09, Warhammer: Age of Reckoning and Mercenaries 2: World in Flames.
So, they mixed a few sequels with a few new franchise hits and gave gamers some pretty hot titles for the year. Of course, hot titles in our hand do not always translate to positive revenue in theirs.
