Games Industry.biz writes: The troubles of Infogrames and the Atari business have been well documented. Executives and board members have quit the publisher or worse – been pushed. The company has posted multi-million dollar losses quarter after quarter. And intellectual property and development studios were sold off to bidders keen to take advantage of an outfit haemorrhaging cash and credibility.
While many had given up on the outfit, Gardner has been attracted by the iconic brand and is keen to reinvent the Atari name and its standing in the videogame business. With a new cash injection from partners BlueBay Asset Management, and with ex-Sony worldwide studios boss Phil Harrison joining the company only yesterday as president to take charge of future software, this is clearly a company not to be dismissed as a dying giant. It's time to take Atari seriously again.
GamesIndustry.biz caught up with David Gardner just before he hopped on a plane to New York to promote the latest Alone in the Dark title. Here, he discusses the challenges of turning the company around, reinventing the business for an online market, having faith in the value of an historic name and investing in the future.
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" -
GL compiles a list of some of the most mind-blowing video game narrative twists in recent memory, from The Last of Us to Outer Wilds
With articles like these cant you tag the games mentioned so that we can know ahead of time if there’s a spoiler to avoid?
Not clicking on your article otherwise.