Lots of stuff is coming to Game Pass and platforms everywhere, as TJ enthuses about Ghosts ‘N Goblins, and shows less enthusiasm over Resident Evil Re:Verse.
This week’s 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?
This week we’ve got the Microsoft Xbox 360 Kinect and we thought we’d do a quick review on a couple of the titles we picked up. We’ve dug up some history on the Game Com Handheld, comment on some community feedback and hit the news:
This week’s question of the week, have you ever caved into the peer pressure, press and “sold out” signs to pickup a piece of hardware, software or other device?
Electronic Arts has officially announced Titanfall 2, releasing a teaser trailer showing a Titan approaching a drop pod and unleashing a sword, bringing the series closer to Pacific Rim.
The publisher was pretty brief in its press release, simply announcing:
“From Respawn Entertainment, the studio that brought you the award-winning Titanfall, comes Titanfall 2. Check out the teaser trailer at Titanfall.com and get a glimpse of what awaits you on the Frontier.
Be sure to mark your calendars for the worldwide debut of Titanfall 2 at 1pm PT on Sunday, June 12 at EA PLAY.”
We’ll be at E3 2016, so when the show comes around, we’ll have all the info for you. It must be noted that EA won’t be on the show floor itself, however.
