From GI.biz: "It's financial earnings season, and as expected, a lot of the news coming out of the industry isn't particularly good.
Last week saw Microsoft and Sony post sales declines from their gaming businesses, even as the platform-holders' other businesses carried both to growth, while Capcom revenues were almost halved on a tough comparison to last year's first fiscal quarter when it launched Resident Evil Village.
This week saw a few more companies offer a mix of results, including Nintendo joining its platform holder peers with fairly "meh" results."
Final Fantasy VII Rebirth publisher Square Enix has declared a $140m loss based on a shakeup of its internal development pipeline.
What are they doing over there? Sounds like they canceled something big. I read a rumor a while back about ff9 remake . Here "Final Fantasy IX has gone through a very challenging development, the game is still in progress but may undergo changes drastic enough that we won't hear about it for a couple of years."
This could be one of the reasons if the rumor is true. That was Silknight i don't know how credible he is but it's something and it would make sense.
I hope IX is still on the cards
Just a straight up remake which they expand a little bit nothing over ambitious
If IX dosent happen then VI and VIII will never be thought of.
What are they doing? Sales are falling and the costs are out of control. Big releases need to be absolute sales home runs now, and Final Fantasy sales have stagnated.
Now we know why Square didn’t fall over themselves to remake the original FF7 all these years ago. It certainly wasn’t a license to print money, at least not with what the expectations were. Each of these full on remakes drains an enormous amount of company resources for a razor thin profit margin.
I'm waiting for them to release the complete edition bundle, but it's definitely on my list.
Not rocket science. Compare sales numbers, development cycles, and budgets to the previous gens. We are all collectively burning up the industry from the inside out. Expectations are ludicrously high now for every release and sales are dropping for even the most prestigious of series.
We used to be satisfied paying $50-60 for a game that took 1/100th the budget and staff to make. Now gamers feel cheated if they have to pay the same for a game that took 100x the budget. We may be reaching the end of the line for this model of gaming.
@tiredgamer I think your point is one that ppl don’t understand and you hit it on the nose .. some gamers don’t want to take accountability but it’s some of the gamers fault the industry is where it’s at .. we as gamers set the standards for the industry not the shareholders , ppl forget that the shareholders and the industry want and need OUR Money. Both the Xbox and PlayStation are seeing a drop in hardware , the industry is very stagnant right now.
Speaking to Square:
Turns out their mismanagement wasn't related to the western studios they dumped to Embracer, but their own fault.
With regards to Xbox - a good way to kill your brand is to pull support on high quality titles and only dump B and C-tier titles to it
With regards to PC - Epic Games Story exclusivity for any duration and piss-poor optimization will hurt you.
With regards to FF Pixel Remasters - y'all messed up by barely releasing them on physical, like wtf that was free money!
And lastly, you don't help a franchise by releasing a mainline title that undermines every title that came before it. FFXVI was a DMC-like with bottom-of-the-barrel side quests and I can't imagine that helping Rebirth at all considering its marketing is directly tied to how big that game is.
Sony is getting their best titles and with the most polish, so what about it? Nintendo gets their top properties too, for titles that can run on Switch hardware.
It's the other fanbases that get the second- and third-class treatment from Square. If that's due to agreements with Sony, that's not a Sony issue but a Square one for accepting those terms. Sony is doing its best to look out for Sony.
The industry implosion is continuing. Sky high budgets, prolonged development windows, stagnant sales numbers, and falling currency values (inflation) are wreaking havoc on the legacy industry. AAA games will slowly become the rarity.
Oh I’m with you. What’s worse is they can say, “Well we tried to make this amazing game and spend all this money on, but not enough people showed an interest. So no more of these since we can’t take a hit like that.”
The industry is going to take a dramatic shift. Mark my words on this.
I think there is quite a large portion of individuals like myself who held out on buying it on PS5 because I can get it on PC eventually. To be able to mod the game and also have custom graphical settings to my liking
same
but im not sure if it matters at all. im sure they made sony pay a hefty sum for the 3parter to come on ps5 exclusively. so watever they made in sales, might have come bk in profits for square, but i dont know
and we dont know what "underperformed" even means for square.
- Xbox Wire - Mark your calendars! The Xbox Games Showcase followed by [REDACTED] Direct airs June 9. More info inside.
And maybe Clockwork Revolution, South of Midnight, Contraband, Project 007 & OD? lol
and whatever happened to Everwild ?
+ that rumored Wu Tang RPG
Tell me what a smarter comment is.
If they don't sell game pass the entire time, then I will be wrong. All of this can be proven once the show gets underway. Let's wait and see.
Replies(1)Wow too easy.
You went from MS going all streaming to selling gamepass content in which we all know they are.
Which one is it?
Pretty clear you don't know what a smart comment is at least you admit you don't know.
"Another game pass event with their plans to go all streaming."
It's both. I would worry about your own intelligence at this point. It seems that there is not enough to go around for you to worry about how smart other people are.
It's just a regular event announcing games. Nice one captain obvious they're gonna mention gp stuff like they do every year what else is new.
The all streaming part is just you, being you I guess. They have streaming options but going all streaming again is just you pulling stuff outta thin air.
No you said something dumb then you tried to back track and mention GP.
Again make smart comments for once.
For a brief moment I thought we might get a whole Direct for Gears 6 - seems like it's COD though!
Danish from eXputer: "The Witcher's upcoming sequel needs to overhaul the series' combat system if it wants to make a big splash among gamers."
after what we see ( 2015 - 2024 ) in dark souls 3, blood borne , sekiro , dragon's dogma 2 , rise of the Ronin combat they should really careful and bring very good combat in Witcher 4 this time
They need new management. That's pretty much it. Focus on new experiences again, while using the revenue from their staple classics to keep things running.
They are in a decline and will probably go "90%" mobile gaming over the next gen. Their console/PC games will be thrown together just to keep that stream open, but their main focus will be mobile and they will look like and feel like mobile games across all platforms. The company is pretty much an afterthought at this point.
First off the is no such thing as eternal growth. It is a mental illness because it clearly isn't sustainable yet people act like its supposed to be normal for everything to grow evey year but emplyees paychecks. Also, Activision fell by 15%, Microsoft by 11% and Sony by only 2%. This means that they all still brought in a lot of money but not as much as during a pandemic lockdown. I mean the only way to sustain that growth is to have a pandemic lockdown every year and you would still hit a sales ceiling.
Quality has been on a long decline since i can remember . Revenue doesn’t matter to me but games I want to play do and I rarely bought an Activision game over the past decade and I can’t think of any off the top of my head . I buy a lot of games too .
Ignoring the human scum that runs it and focusing purely on their output because yes the gamers who read this site know about all of the sexual harassment and union rights violations that go on but average Joe who buys their games yearly won't know
Last two cod games were uninspired and average dropping innovations made by mW 2019 even the casual cod crowd noticed and avoided the games as a result. No one plays cod for alternative history stories so vanguard didn't really bring many who would play the games campaigns which belive it or not trophy data suggests that number is still quite high.
They folded more quality studios into the cod salt mines and despite a incredible thps remake folding vicarious visions into the cod saltmines before thps 3/4 remake got anywhere.
They are making a sequel no one wants in overwatch 2.
Blizzard dug a huge hole with warcraft 3 remastered and it's severe lack.of quality.
And they just don't publish many if any games that don't have a cod or wow logo on the box.