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.
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.