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?
(more…)
My roommate has the white PS4 that was bundled with Destiny.
I recall playing DotA when it was new in 2005, but I haven’t played it in years because I disliked teammates “feeding” (dieing a lot) and being killed by multiple opponents because my teammate(s) wouldn’t declare MiA (missing in action) heroes in their lanes.
Regarding why people in RTS and MOBA games click constantly might be to help their reaction time, as I, too, did that; it would let me know relative server latency.
I never played LoL, HotS, or DOTA2, but I have spectated DOTA2 to see my PC’s performance, and DOTA2 got a Vulkan update, so I’m hoping for the next Half-Life, Left 4 Dead, Counter-Strike, or Valve game to use a good Vulkan implementation.
I enjoy watching Super Mario Maker, “Retro” category games, nostalgic games, and high requirement games because I’m using an old PC until Zen arrives, and I, too, use Twitch to preview games.; it, also, serves as “background noise”.
I watch StarCraft 2 and other RTS games because I’m no good at them anymore.