Digital Bros has announced that its Assetto Corsa franchise is the company's biggest earner ahead of Control and Death Stranding on PC.
"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.
So much weird crap has come out from all this this. They honestly don’t know what the hell to do with Xbox.
This is where it is eventually heading, gamepass will go platform agnostic and MS will stop making hardware. The writing has been on the wall for years.
Its no different to what they did with Apple when they wouldn't allow a proprietary Xcloud/gamepass app.
Xcloud by definition is the opposite of 'console business', its entire purpose is the lack of requirement for console/dedicated hardware. They want it on anything with a browser.
Fair but putting xbox on your opps browser platform...? I think there's a sign.
Funny how this is not supporting the narrative of Xbox just taking grants away from the read Activision blizzard
It means steam could be, at any point, brought to consoles and Microsoft wants to be there first.
Outside of third party games, what in the world could Microsoft bring?
Ohhhh wait a minute.. Microsoft is buying up all the third party publishers.
Hmmm
Not really a console now. Not with the focus on GP or wanting to stream to phones and TVs.
Then there's inability to support their platform through in house resources. Needing to buy 3rd party.
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...
In 2018, PSN was making more money than the Xbox and Nintendo entire gaming divisions combined. Yes, I am talking about just PSN, not the playstation division.
You seriously think Microsoft suddently started making this much more money when they're spending it left and right on Gamepass? Sorry no, in term of profits and revenues, Sony and Nintendo are likely far above them.
Sony make 24mil last Q xbox mad 14mil and Nintendo made 16mil you xbox kids just latching on to tht fake charts that he removed cuz he made them up HAHAHAH
With trillions in the bank MS should be making more than PS but unfortunately for some that's not the case which makes MS even more embarrassing, pathetic and lame.
It's funny how when talking about xbox vs PS the "But MS has more money than Sony" always comes to the conversation but games are not in it lmao
@Aloy literally, absolutely no one, mentioned MS. Lol you completely made something up something in your head
I'm supporting it on console. Bought some DLC the other day.
I'm enjoying AC ultimate edition on series x runs flawlessly wish it got enhanced though
I installed ACC on my Steam Deck last night just for giggles 🤣