This week Goose(@WhoDaGoose) joins Tiny(@Tiny415), Mike (@AssaultSuit) and Aaron (@Ind1fference) talk about: Hugo Weaving, Kidzpace, Jydge, Neon Chrome, Pencil Games, XBLIG, Fortress Craft, DLC Quest, Mommy’s Best Games, Johnny Platformers Biscuit Romp, X S.E.E.D, Streets of Fury, Seafoam Princess, Wonder Woman, Suicide Squad, Black Spider, Man-thing, Star Trek Discovery, The Orville, Jordan Peele, Twilight Zone, Too Many Games, Pax Unplugged, BlizzCon, LGR Foods, The Saint, Stranger Things, MoviePass, NeoGAF, ResetEra, Miiverse, Best Buy, Etrian Odyssey V, Wolfenstein II The New Colossus, South Park: The Fractured but Whole, Super Mario Odyssey, Overwatch, Call of Duty WWII, Commander Keen, Giana Sisters Twisted Dreams, Bubsy The Woolies Strike Back, 8-bit Adventure Anthology, Earth Atlantis, Superbeat Xonic, Splasher, Ace of Seafood, Runic Games, Hob, Chromehounds, The Mummy Demastered and more.
"On the divestment side there is a strong vibrant market with many, many active players."
Sounds like you purchased them more like they were limited edition coins or stamps to profit from with a sale than really doing anything with the acquisitions.
Now, it's looking for buyers and shoving the rest out into the unemployment line.
Genuinely don't think there's been a bigger fuck up of a company I can think of in gaming. Buy all these IP and studios and then close them all down, wtf.
Embracer really did not know how to manage these companies. This is what happens with too fast expansion in business.
The laws are simple, make profit margin of 10-15% from the get go from each of your companies/studios, or you have to fire people and projects will be delayed or cancelled. Their salary and other operational costs were too high. I can't believe they didn't crunch the numbers well enough. I was always thinking where does the money come from.
Many workers who have families may lose their source of income and it has a real effect on them because some megalomaniac pretend executive didn't do their job. The good news is that most of the talent will likely find a new home very easily. The bad news is that lot of the good work they put in may be lost forever.
On the eve of its 15th anniversary, GOG, the digital distribution platform known for offering DRM-free games, reflects on its journey and the importance of game preservation. During Gamescom Sector had a chance to talk to PR manager Gabriela Siemienkowicz, who told them what surprises they have in store for us and shared her insights into the platform's mission and the unique place it holds in the gaming community.
Microsoft executives seemingly considered bringing Xbox Cloud Gaming to the Sony PlayStation 5 through a browser.
Can't say if that's a good thing having a limited browser or not. But it still does show the level of shadiness Microsoft would be willing to go to cut into Sony's sales behind the scenes...
Microsoft: "Damn! Sony is whooping our asses again. We have the most powerful console in the world and a smaller hardware footprint. And they are still beating our ass. Seems they could shape their console like a spacecraft and still kill us in sales. How do we stop this momentum?"
Top executive: " We could create more studios and beat them on high quality games."
Microsoft: " You're fired. Pack up your things. You.. you in the green shirt. What say you?"
All in the room: (they look puzzled as they are all wearing green except Phil in his gamer shirt.)
Microsoft: "Fine. (irritated) You with the mullet and the dark frames..."
Executive Mullet: "We could... we could buy up third parties that have made PlayStation a success and lock them out of those top games?"
Microsoft: "Yes. YES!! I like where you are going with this. Done! We buy the top players and take away games so that customers come to us. Hey you in the pony tail(Meeting Recorder), get on the phone and call the financial department for a meeting. We need to spend whatever it takes besides CANNIBALIZE our sales. Buy off congressmen if you have to. Who else?"
Executive playing with a Gears action figure: "Oh I know... we offer our services on Sony's console. That way, they'll be playing our games and not theirs. Like on the browser. Cutting into their profits as well."
Microsoft: "Promote this man too. Hmmm. Can Sony stop us or block the browser?"
Executive Gears: " Don't know but we'll look into it sir."
Microsoft: "Muaaahahaha!! Then, our control and domination of videogames will almost be complete. Has Nintendo stopped laughing and said yes yet? No? Then we'll play the long game until the time is right. Nintendo's future is off their hardware. Muaaahahaha!!!"
Meanwhile, Spider-Man 2 sells millions in its first month. The plot thickens...
Jeez. Why don’t they just go third party? Seriously if they are willing to go this far then it’s just desperation to hang into the console market so you don’t look like a failure by sneaking around.
Sony would be way more open to have some kind of deal for Gamepass to be on PlayStation if MS were openly third party and releasing games from Zenixmax / Activision and especially MS first party on their console
They probably wouldn’t have an issue