Paul’s back for an episode, as the crew still has E3 on the mind, and still discuss stuff from the show. In fact, the conversation remains so much on E3, half of the scheduled news items don’t get done. Instead, it’s just a reunion of sorts as the rambling goes on and on.
The news that does get discussed includes:
Let us know what you think.
This week we’re flashing back to Metroid II for the Game Boy, something new and different from the normal arcade/console/pc flashbacks. We’re also tackling a good deal of community comments and hitting up the news wire:
We didn’t get to cover history this week because we had lots of back-and-forth arguing about Netflix and the PS3 and rants upon DJ Hero and its “obvious” low-demand. This weeks question of the week, are there any good sim games left that are simple?
So there you have it, the PlayStation 3‘s 80GB console is now the price of the PlayStation 3’s 40GB console, running in at $399.99. This is, in effect, a price drop to compete well with the Xbox 360 which is now going to be $349.99.
The new price of the PlayStation 3 with the talk of their new Resistance 2 game, their hopes for Sony Home, Little Big Planet and the rest of their game lineup (including Greatest Hits game lineup) and the hype for God of War 3 it’s almost a done deal. Perhaps the PlayStation 3 has a chance this holiday season after all!
Would you invest $399.99 for an 80GB model with the potential for great future games?
Gamers around the world are going to feel the pain in the 2009 holiday season after the economy shakes apart many great development studios. Electronic Arts feels the pain of being a public company as their investors complain about lackluster revenue, THQ deals with closing studios to extend their runway and other firms will lose more headcount in the coming months.
It’s not all bad. But, it’s going to get ugly before it gets better.
The financial market has played tricks on everyone in our global economy and companies across all industries are going to feel a bit of a tightening around the belt. Investors are shaken and doing their best to protect their investments and cutting loose those that aren’t projecting profits in the near future. Game studios are going to slow their financial burn rates, trim a bit of the fat and hunker down the long term. The end result, next years holiday season will have a few less games because those games are being dropped to the floor now.
Mid-sized studios within larger firms may find their projects canceled or put on hold and their employees re-structured or let go while big studios assess what projects will make the long haul. This is the ugly side of the business, having to make a decision on what games stay and what games go with the grief of having to tell some of your best talent “goodbye.”
The bad part of the industry is occurring today, with publishers posting mediocre profits and trying to convince their investors to be patient and trust they’ve got a firm hold on their destiny. The game industry is not alone in this, many firms are reducing head count and many startups are finding themselves without series A or B funding; they’re closing their doors because the money is being directed to more stable ventures.
What’s the good in all of this?
