Depressingly, sexual harassment in a development studio is once again the lead news item this week, and from a studio most gamers would never think it could happen. That, and major seismic shifting in the power structure of the digital storefront landscape.
The news includes:
Let us know what you think.
The crew gets excited about the announcement of The Wolf Among Us 2, although it won’t be out for a while, and bemoan the infestation of live service games everywhere these days in videogames.
The news includes:
Let us know what you think on Gaming Podcast’s Facebook page here.
This week we’re busting out the Gaming Podcast love with some gaming news, community comments and we’re flashing back to Tag Team M.U.S.C.L.E for the NES and looking through the history of Greg Costikyan. For those interested in Herr Alien’s link, here is the article about Modern Warfars woes. Also, the Will It Blend iPad video. This weeks gaming news:
Thanks for all the feedback and answers to the questions last week. This weeks, we’re asking a tough question… what game exists in the market today that rivals the overall play time seen by games like Minesweeper and Solitaire?
It’s official, EA has given up their talks with Take-Two and, as a result, the stock of both companies is falling like a stone. While gamers may cheer knowing the Grand Theft Auto and 2K Sports product lines will continue to compete with EA products, share holders are doing a WTF?
Take-Two has had its share of financial difficulties, but nothing shakes up a stock more than a break in discussions when the words acquisition have been spoken. It causes uncertainty and lack of understanding on the part of the game industry and share holders. EA’s stock dropped 2.7% upon opening this morning but has begun to stablize as it’s clear EA isn’t in any financial peril from this breakup in discussion.
Take-Two’s stock, however, is in epic free fall with a 25% decline since the discussions ended. One theory is that, “is taking a huge beating as everyone and their mother tries desperately to sell the shares the figured EA was going to to buy.” (kotaku)
As the game industry gets more competitive, builds bigger bank-roll and becomes a staple entertainment icon there is always more business savvy people getting into the game trying to make a fast buck. In this case, the shareholders obviously aren’t pushing for Take-Two’s future decisions or product launches — this is the reaction of business folks trying to make money.
There is huge risk with block buster 100-million dollar titles and all the crazy hype involved with some of the biggest games in history. They break sales records, smoke box-office numbers and bring new gamers into the industry but it’s all at risk when money gets involved. One bad move and a company making a title like GTA can find themselves in financial peril.
With risk comes reward, but failure is always sneaking up around the corner so watch out!
