That Covid bump for gaming really seems to have tricked the big gaming companies into thinking that we have tons and tons of disposable income that we're simply too selfish or stupid to spend on them, and they've been desperately trying to convince us to do it again. I wonder how powerfully this will affect their contraction in the future. The article mentions that many companies over-budgeted based on those very profitable years but were then surprised afterward that the line didn't keep going up for them. It wasn't an untapped market, it was simply captive for the time being; a brief blip of benefit and then back to normal. That's without even mentioning how badly FJB's inflation has ruined our ability to acquire and spend extra cash in the first place.
I look forward to seeing many of these places collapse and shutter from this hubris. They're already recoiling from the unreal "consultation fees" that SBI and their ilk are extorting from them, and they (SBI, et al.) aren't likely to restrain themselves as they smell blood in the water and will simply demand more and more control and money in exchange for their mark of approval. Just look at how angry they're getting with that Black Myth Wukong dev turning down their $7mil extortion bomb. There are going to be so so so many Suicide Squads on the horizon and I don't see how or when they're going to learn their lesson and about-face. How big does a game company have to be before the government steps in to bail them out?
Looking at the state of infrastructure around the US and parts of Europe, the governments don't have the funds to bail out game studios as well as old media in general. We are going to see a slump so bad that at least 1 MAJOR studio will die before 2030 at least.
I'm putting it that long away as we've seen how long they can exist as 'Zombie studios' before eventually shuttering.
I'm putting it that long away as we've seen how long they can exist as 'Zombie studios' before eventually shuttering.
ESG scores bring loans with low interest rates. Why would these companies be so hell bent on riding that ESG cock, if they were still profitable? I'm sure there are other reasons, but the fact they always double down on that faggotry makes me think they're doing quite badly.
bad ESG scores bring impossible interest rates. it's not possible to operate a publisher without a good ESG score. all of them run on debt. actually the entire economy runs on debt so it's not anything unique. so yeah. it's impossible to remain profitable without a good ESG score.
it's impossible to remain profitable without a good ESG score.
I agree with everything you said, except how you phrased this. Running purely on debt requires the debtor to have infinite funds. Since that's physically impossible, everything will eventually come crashing to a halt.
The article mentions that many companies over-budgeted based on those very profitable years but were then surprised afterward that the line didn't keep going up for them. It wasn't an untapped market, it was simply captive for the time being; a brief blip of benefit and then back to normal.
I'm surprised too tbh. I don't think very much of my fellow gamers.
Such a long article to basically say Blackrock and ESG are killing gaming. These firms intentionally suck the value out of everything they touch with the magic of Financialization. Listen to Michael Dell, if you want to keep your company profitable don't go public.
The point on blackhole titles like Minecraft and Fortnite is interesting, but unsurprising. And yet we get so many clones trying to unseat them that it's beyond an exercise in futility and has become Sisyphean.
They used to say the same thing about World of Warcraft, but look at the MMO space now. Is WoW still king or is it a tertiary property that doesn't even get a glance now?
So the executives sum vision is that the giants of F2P games has devoured the attention of their live service games and that mobile is now fully saturated, with the future being ads and AI streamlining in the process, yea this is going to end in the dumpster since there still seems to be no idea of just making better but smaller games, instead it is go big and die that is the plan. I approve it, AAA must burn so something new and better can take its place.
Gaming always has to compete with the past. This is more true now than ever. Just like streaming shows struggle to beat 20 year old properties; I can play almost any game released for the last 40 years. Is your new AAA $70 game fun? Maybe. Is it more fun than playing Descent 2 again? More fun than the entire Kiseki backlog? Does the new dragon age look better than Origins? Nope.
can play almost any game released for the last 40 years. Is your new AAA $70 game fun? Maybe. Is it more fun than playing Descent 2 again? More fun than the entire Kiseki backlog? Does the new dragon age look better than Origins? Nope.
Well the solution to above is to abolish the past and burn it according to AAA, they do not want to preserve any game and the old ones that exist is considered a mistake.
They are aiming to be the one ring to rule them all, it's in their business plan, haha
I must be the only one who thinks that video games overall get better over time. Maybe not on average. But the best games get better. Maybe they just get easier, for me, cuz I suck?
Yea, which is very strange, since they should be aware of the small teams success stories and try and scale down into smaller teams, but I guess they are just blinded by greed since the success of the small teams are not fortnite, they want to be the one to rule them all and they are betting everything on it.
I suppose I was oblivious to the coof bubble because I kept working, didn't submit to government and corps like a faggot, and I played games like normal
I wish I could believe this, but history is replete with examples of people making the same mistakes over and over again, even in quick succession. Look at how leftist policies in the 60's lead to surges in violent crime, then in the 80's and 90's we finally had to lay down the law, and now the cycle is repeating itself as places like NYC are just like they were in the 70's. Or how Vietnam didn't prevent us from going into Iraq, and Iraq isn't preventing us from meddling in Ukraine, Syria, or sabre-rattling with Iran.
Sure, these mistakes have been repeated by a hostile elite who actually benefit from the rest of society's misfortunes. But each and every time there have been mouthbreathing retards all too eager to go along with it, even people who've been around long enough to where they have zero excuse not to know better.
A lot of people have the memory of a fucking goldfish, and a lot of gamers are too damn pathetic and beta to tell a crazy bitch to fuck off even when they damn well know the inevitable consequence of placating a crazy bitch. It's rather like every dumb bitch who keeps letting a piece of shit back into her life over and over again and crying about it every time when the snake inevitably bites her. Some people are just remarkably stupid, even if they may be smart in one very narrow specialty, and that means gamers with testosterone are gonna have to seriously tighten the screws on simps to stop them from enabling crazy bitch infiltrators.
That Covid bump for gaming really seems to have tricked the big gaming companies into thinking that we have tons and tons of disposable income that we're simply too selfish or stupid to spend on them, and they've been desperately trying to convince us to do it again. I wonder how powerfully this will affect their contraction in the future. The article mentions that many companies over-budgeted based on those very profitable years but were then surprised afterward that the line didn't keep going up for them. It wasn't an untapped market, it was simply captive for the time being; a brief blip of benefit and then back to normal. That's without even mentioning how badly FJB's inflation has ruined our ability to acquire and spend extra cash in the first place.
I look forward to seeing many of these places collapse and shutter from this hubris. They're already recoiling from the unreal "consultation fees" that SBI and their ilk are extorting from them, and they (SBI, et al.) aren't likely to restrain themselves as they smell blood in the water and will simply demand more and more control and money in exchange for their mark of approval. Just look at how angry they're getting with that Black Myth Wukong dev turning down their $7mil extortion bomb. There are going to be so so so many Suicide Squads on the horizon and I don't see how or when they're going to learn their lesson and about-face. How big does a game company have to be before the government steps in to bail them out?
Looking at the state of infrastructure around the US and parts of Europe, the governments don't have the funds to bail out game studios as well as old media in general. We are going to see a slump so bad that at least 1 MAJOR studio will die before 2030 at least.
I'm putting it that long away as we've seen how long they can exist as 'Zombie studios' before eventually shuttering.
ESG scores bring loans with low interest rates. Why would these companies be so hell bent on riding that ESG cock, if they were still profitable? I'm sure there are other reasons, but the fact they always double down on that faggotry makes me think they're doing quite badly.
bad ESG scores bring impossible interest rates. it's not possible to operate a publisher without a good ESG score. all of them run on debt. actually the entire economy runs on debt so it's not anything unique. so yeah. it's impossible to remain profitable without a good ESG score.
I agree with everything you said, except how you phrased this. Running purely on debt requires the debtor to have infinite funds. Since that's physically impossible, everything will eventually come crashing to a halt.
I'm surprised too tbh. I don't think very much of my fellow gamers.
Such a long article to basically say Blackrock and ESG are killing gaming. These firms intentionally suck the value out of everything they touch with the magic of Financialization. Listen to Michael Dell, if you want to keep your company profitable don't go public.
To be honest, it looks like this problem has been happening for a long time. ESG funding just extended it is all.
The idea that things can only get so big before they die is a truism that seems to have gotten lost on humanity.
That goes for out of control populations, too.
Accepting a saturation point is a hard thing for anyone.
Doubly so when your entire business model hinges on that point not existing.
The point on blackhole titles like Minecraft and Fortnite is interesting, but unsurprising. And yet we get so many clones trying to unseat them that it's beyond an exercise in futility and has become Sisyphean.
They used to say the same thing about World of Warcraft, but look at the MMO space now. Is WoW still king or is it a tertiary property that doesn't even get a glance now?
So the executives sum vision is that the giants of F2P games has devoured the attention of their live service games and that mobile is now fully saturated, with the future being ads and AI streamlining in the process, yea this is going to end in the dumpster since there still seems to be no idea of just making better but smaller games, instead it is go big and die that is the plan. I approve it, AAA must burn so something new and better can take its place.
Why play anything new when it's all shit?
Gaming always has to compete with the past. This is more true now than ever. Just like streaming shows struggle to beat 20 year old properties; I can play almost any game released for the last 40 years. Is your new AAA $70 game fun? Maybe. Is it more fun than playing Descent 2 again? More fun than the entire Kiseki backlog? Does the new dragon age look better than Origins? Nope.
Well the solution to above is to abolish the past and burn it according to AAA, they do not want to preserve any game and the old ones that exist is considered a mistake.
They are aiming to be the one ring to rule them all, it's in their business plan, haha
I must be the only one who thinks that video games overall get better over time. Maybe not on average. But the best games get better. Maybe they just get easier, for me, cuz I suck?
They don't seem to understand that AI and the modern game engines means the small teams can make big stuff.
Yea, which is very strange, since they should be aware of the small teams success stories and try and scale down into smaller teams, but I guess they are just blinded by greed since the success of the small teams are not fortnite, they want to be the one to rule them all and they are betting everything on it.
I suppose I was oblivious to the coof bubble because I kept working, didn't submit to government and corps like a faggot, and I played games like normal
To someone with no attention span, maybe. I had no problem with it.
It's direct, but much longer than the average article.
I'm not doing a captcha to read that
Problem's on your end bro. There's no captcha to read the article for the rest of us.
Ubisoft used to be a AA publisher.
I wish I could believe this, but history is replete with examples of people making the same mistakes over and over again, even in quick succession. Look at how leftist policies in the 60's lead to surges in violent crime, then in the 80's and 90's we finally had to lay down the law, and now the cycle is repeating itself as places like NYC are just like they were in the 70's. Or how Vietnam didn't prevent us from going into Iraq, and Iraq isn't preventing us from meddling in Ukraine, Syria, or sabre-rattling with Iran.
Sure, these mistakes have been repeated by a hostile elite who actually benefit from the rest of society's misfortunes. But each and every time there have been mouthbreathing retards all too eager to go along with it, even people who've been around long enough to where they have zero excuse not to know better.
A lot of people have the memory of a fucking goldfish, and a lot of gamers are too damn pathetic and beta to tell a crazy bitch to fuck off even when they damn well know the inevitable consequence of placating a crazy bitch. It's rather like every dumb bitch who keeps letting a piece of shit back into her life over and over again and crying about it every time when the snake inevitably bites her. Some people are just remarkably stupid, even if they may be smart in one very narrow specialty, and that means gamers with testosterone are gonna have to seriously tighten the screws on simps to stop them from enabling crazy bitch infiltrators.