This week’s episode takes a look at this week’s Gaming Flashback, Viva Pinata.
The news includes:
Let us know what you think.
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?
The first demo for Final Fantasy XIII has been announced, but, it will only be available (right now) on the PlayStation 3. It will arrive as “bonus material” when you purchase Final Fantasy VII: Advent Children Complete because the game arrives on Blu-Ray and there is plenty of room for this additional content.
The game is scheduled to be released in March of 2009 in Japan, so the United States and other territories may not get an early demo of FFXIII. Does this give everyone a reason to purchase a PlayStation 3? Nothing says it won’t be available as a downloadable Demo on Xbox Live… because nobody’s really talked to that topic at all yet.
Square Enix has publically stated they’ll start the Final Fantasy XIII port to the Xbox 360 once it’s finished on the PlayStation 3, so presumably we won’t see a demo (or a final game) for some time to come. The end result, demo or no demo, is the same: a dual release on two of the big colorful platforms in the way of Xbox 360 and PlayStation 3 consoles.
TJ returns this week, as Blizzard continues to embarrass itself. No Gaming Flashback this week.
This week’s news includes:
Let us know what you think.
