When doing your research, make sure to look earlier. Sega has made some of my all time favorite games, but they straight up lied about their sales numbers. The Genesis console sales were basically used to cover up gambling and drug sales. A lot of companies were like this, and many still are. So ESG is just the new guys in an old scheme.
The other comments about AI and streaming make it very obvious what is happening. The ships are sinking, because more people can do what a large studio could do. If an individual can do that, then the large studio isn't needed. They need to cover it up with fake money, long credits, and fake sales numbers. No one wants a real success because that means showing how many other games aren't actually selling.
The PS3 vs Wii debate shows this. By the sales numbers by Sony the PS3 was barely able to keep up. However, the Wii was so successful it proved the Sony numbers were wrong. You just needed to compare game sales vs console sales to see it. If the top selling game everyone plays is a tenth of the console sales, then you know the numbers are wrong.
So the companies have been lying anyway, and now streaming and AI are making their claims look absurd. So, the best answer is to make it political and hide behind that shield. Sure most of the staff is useless, and the entire game was made by a guy named Gary who won't make the credits. The company survives, and the videogame industry can keep the facade going for a little bit longer.
There are sexy AI in your area. Ever wonder how much AI is from stuff like chat bots from 'single ladies'?
Check vgchartz, and make sure to use archives to see all their numbers. Something happened and more than half the sales numbers for games disappeared.
Also, check Ultimate History of Videogames and Phoenix: History of Videogames. They tend to give names and tell stuff without saying it directly. The congressional hearings on violent video games had a public hearing and a closed one. The public hearing had the President of Nintendo of America argue with a Sega rep on sales numbers and who was buying them. The closed and back door dealing was telling companies to stop their fake sales numbers. Almost all the companies would go under by 2003.
This is true of some games. War Thunder is one such example that comes to mind. And you're right that investors are potentially being tricked into looking at the wrong numbers to determine a game or studio's value.
It's not exactly a new trend in how investors operate, like in other industries, but it's definitely been spreading like a cancer at an alarming rate.
When doing your research, make sure to look earlier. Sega has made some of my all time favorite games, but they straight up lied about their sales numbers. The Genesis console sales were basically used to cover up gambling and drug sales. A lot of companies were like this, and many still are. So ESG is just the new guys in an old scheme.
The other comments about AI and streaming make it very obvious what is happening. The ships are sinking, because more people can do what a large studio could do. If an individual can do that, then the large studio isn't needed. They need to cover it up with fake money, long credits, and fake sales numbers. No one wants a real success because that means showing how many other games aren't actually selling.
The PS3 vs Wii debate shows this. By the sales numbers by Sony the PS3 was barely able to keep up. However, the Wii was so successful it proved the Sony numbers were wrong. You just needed to compare game sales vs console sales to see it. If the top selling game everyone plays is a tenth of the console sales, then you know the numbers are wrong.
So the companies have been lying anyway, and now streaming and AI are making their claims look absurd. So, the best answer is to make it political and hide behind that shield. Sure most of the staff is useless, and the entire game was made by a guy named Gary who won't make the credits. The company survives, and the videogame industry can keep the facade going for a little bit longer.
There are sexy AI in your area. Ever wonder how much AI is from stuff like chat bots from 'single ladies'?
Check vgchartz, and make sure to use archives to see all their numbers. Something happened and more than half the sales numbers for games disappeared.
Also, check Ultimate History of Videogames and Phoenix: History of Videogames. They tend to give names and tell stuff without saying it directly. The congressional hearings on violent video games had a public hearing and a closed one. The public hearing had the President of Nintendo of America argue with a Sega rep on sales numbers and who was buying them. The closed and back door dealing was telling companies to stop their fake sales numbers. Almost all the companies would go under by 2003.
This is true of some games. War Thunder is one such example that comes to mind. And you're right that investors are potentially being tricked into looking at the wrong numbers to determine a game or studio's value.
It's not exactly a new trend in how investors operate, like in other industries, but it's definitely been spreading like a cancer at an alarming rate.
Searching "sega genesis gambling" just brings up a bunch of casino games for the console, so source?
Here are the top games sold for the Genesis. BTW, after the 1 million sales, it drops to 250,000 in sales.
https://en.m.wikipedia.org/wiki/List_of_best-selling_Sega_Genesis_games
And the Genesis console sales in total is ~31 Million
https://en.m.wikipedia.org/wiki/Sega_Genesis
Just pure statistics.