Twitch continues to mishandle bigotry, and NFTs and bitcoins continue to havens for fraud. That, and a legendary developer passes away.
The news this week includes:
All this and Listener Feedback.
Halloween is a scary time of year, no less when you’re posting a $310 million net loss. EA CEO John Riccitiello sees “weakness” at retail in October and we’re betting this isn’t the end of the road of sorrow for game publishers around the globe.
Electronic Arts isn’t unfamiliar with bad times and we’re sure to see them make constant adjustments to their headcount, game releases and press as the economy goes into a bit of a slump. Although the game industry won’t see as big a hit as the financial market, everyone is going to watch their spending during slower economic times.
That slowness is a red flag for the mega-publisher, which says it’s “proactively making cost adjustments now.” One of those adjustments is the axing of some 600 EA employees across the globe. (Kotaku)
Last year Electronic Arts lost a “small” $195 million during the same time, not exactly a gold star on the financial records but it sure looks better than this loss. A few games may crumble under the economic pressures, Tiberium for example, but let us not forget the good times! EA posted some nice figures for Spore, Madden NFL 09, Warhammer: Age of Reckoning and Mercenaries 2: World in Flames.
So, they mixed a few sequels with a few new franchise hits and gave gamers some pretty hot titles for the year. Of course, hot titles in our hand do not always translate to positive revenue in theirs.
We’re back from our one-week break, this weeks gaming podcast covers the history of the Atari Mindlink along with a flashback of Strider. We’ll be responding to some community feedback and hitting up the news, which includes:
This week we’re asking the question, in your opinion, is the PSP and/or the PS3 a “failure.” Your opinion, may be backed up with any statistics or reasonable facts if you wish.
This week we’ve got all three hosts back to get down to business. This was a full show with lots of content from news, to flashbacks and listener game ideas. We didn’t get a history segment this week, we just had two much information to cover. Here is the news for the week:
This weeks gaming podcast question of the week: What do you think will spur on PC game developers, is it Microsoft’s concept of “showing developers there is a market” or do they need more inspiration?
