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?
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Hi guys.
Sorry for not leaving a comment on the last episodes (the one you read in this episode was months ago ^^), i was very busy the last weeks with business stuff and some personal issues. Anyway, thanks as always for the episodes and your effort you are putting in to each episode. I respect that very much!
Regarding the topics in this episode: I did not play Civ since …. i think Civ 3? The game is good, but its taking so much time …. sadly i dont have that much time π
I played Life is strange 2, God of War (the old ones because i want to play though all of them before i play the actual one), Overwatch, Borderlands 1 (never played any Borderlands before) Hearthstone and a lot of Magic The Gathering Arena. If my friends are online, we like to play some Apex and/or Division 2 as well. I want to start Blood Bowl in the upcoming days, because i played the Board Game .. 20 years ago π I also pledged for “Ant Stream”, the retro streaming platform (will be live for early access on may 28th) … i hope this will be good π Did you heard of it ? What do you think of pledging video games / pc Games in general ?
Regarding the Apex update: the Havoc is ONLY playable with the turbo Charger .. without that it is absolute unplayable π
Did you heard of Splitgate- Arena Warfare? This seems to be a new Arena Shooter which combines Halo and Portal (i think Jonah mentioned it in a youtube review of upcoming games from E3?) Its for free at the moment on steam π
Regarding the backwards compability on PS5: this would be awesome! i would pay very much money for a ps5 which plays ps1,2,3 and 4 (and 5 of course) games. The only problem will be the chip for PS3 afaik.
Red Dead Online? I only see the promotions / advertisments all the time on twitch, but have no intention to play it π
WoW: i really love this game, loved it in the beginning and still love it … problem is, that my friends are not playing it anymore …. and playing a MMORPG on your own is not that fun π I played the last expansion (as far as possible without a raid / group) and it was great gain. I listen to the music very often and like to see the cut scenes and updates. For sure the vanilla version was harder (in my opinion) but that was great … 40 people in a raid .. defeating Raganros for the first time … what an amazing feeling, so much emotions, better then the first time s** π
First question of the week: The last game which has been released and i did not noticed it was Hollow Knight. I noticed it 1 year (or 2?) later and it so awesome, that i was wondering, i did not notice when it came out π
Second question of the week: I think the game i will still play in 20 years or will not age is Magic The Gathering. But its a card game, so i dont know if this is a “real” game regarding to your question π If i had to pick a second game, it would be sth like WoW .. i started playing it in 2004 .. thats already 15 years ago π or one of the so called retro games, like Musha Aleste, Mushihemasama or any of this bullet hell shooters for the 16 and 32 Bit consoles. I still love to play them today π
Thats all for this one. Sorry for this big and long one, i hope thatΒ΄s ok π
When i will be in the U.S. the next time, i will invite you guys for dinner to thank you for all your work you put into this podcast. Thanks for that!
Greetings,
Ralf