Chris Lee aims to prohibit the sale of games with 'gambling mechanisms' to anyone under the age of 21.
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.
If the industry can't regulate itself and goes overboard than that is when the government will step in. EA went so far over the line that thanks to them the government had to be involved. In this case you can only blame EA because their greed knows no bounds and this is the result.
It's the same thing if you are a kid and play with other kids. If you play nice no one will say anything, but if you become an a*hole and bully others, eventually parents will get involved and set rules for you. You can't blame the parents, you should have behaved.
In this case, I welcome the government to remove loot boxes from my games.
This is where greed got us... the attention we didn't want from the very same people who hate gaming.... Thanks EA.
I hate loot boxes as much as the next guy, but this is the wrong way to go about it. The last thing we need is the government getting involved in video games. They tried that in the 90's, and it wasn't good for anyone. Furthermore, we proved with the EA debacle that we don't even need the government, we can combat the problem with our voices.