Earlier today, a federal appeals court in Washington ruled that the Federal Communications Commission's rules for Net Neutrality were unfounded, and the broadband throttling that results could have an adverse effect on digital distribution and online gaming.
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."
That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
Shame on Game Informer for botching up the headline. It is the court's ruling that is in question, not the FCC's.
These judges seem to be very anti-consumer recently. They are going heavily conservative, and going with corporations over the public (Government). These corporations were not being treated unfairly, and with the strongly conservative congress we have today, the only hope it seems is the balanced supreme court, which also has most of its power in the conservative benches.
The way the politics is now, this could very well stay unless we get a rally cry directly from the public, or the corporations that stand to loose start some heavy lobbying of their own. Chances are the big boy have a way around this, and we the people will again get to carry the shitty end of the stick.
not if you're outside america it won't. in fact i think they're bringing in the exact opposite in europe
The rich get richer
At 1st I was gonna say no. But with all the streaming services out there that rely heavily on Internet might be. Netflix, Playstation Now, Hulu, Youtube, etc. I feel like regular gaming sector has nothing to worry about. If your just a regular gamer. Plays online isnt pirating or dowloanding massive files all day long, we good in a sense. Gamers who do all that and watch netflix and use online streaming services will have to pay more!
Comcast 250gb capp was taken off because there is alot of consumers who are passing that in no time. They're thinking of coming in at 300gb a month and anything after is $10 for every 50gb used. There also looking at having a single tier for heavy users who need more than 300gb a month and you will pay accordingly.
The digital future of gaming.......Haha. We have a court system that said corporation are people so now more and more of this crap will happen. Under the first amendment corporation can now give unlimited amounts of money to politicians.