During a briefing with UK press in London yesterday, Ken Graffeo, executive vice president of High Definition Strategic Marketing for Universal Studios and co-president of the HD DVD Promotional Group, shrugged off Blockbuster's move to expand Blu-ray to 1450 new stores in America.
Graffeo pointed out that rental counted for less than one percent of its revenue and brushed it off as an insignificant event in the format war.
Ken cited the fact that HD DVD is still being offered in the original 250 stores and through Blockbuster's online rental service. He claims that those 250 stores are stores where there are large numbers of early adopters and the latter, he believes, is Blockbuster's major growth market.
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.
you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)
MS: "Xbox services and content without AB up 1%, with AB up 62%. Hardware down 31%. In total a loss of 350 mill."
darthv72: "Seems about right."
MS: "Excuse m ..."
darthv72: "I don't hardly play on my consoles directly."
MS:
I can tell people like you are an absolute minority..
If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.
But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.
Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.
If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.
Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you
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.
Activision: "we gonna need a bigger rucksack/backpack please"
Microsoft: "why's that"
Activision: "to carry yo' weak ass'
Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk
It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD
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.
Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.
tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.
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" -
On Amazon, you can't get an RTX 4090 for less than this one from Gigabyte, which now offers great value after an eye-catching April deal.
OH SNAP Blue ray hasn't won yet
we haven't heard anything from the HD-DVD camp, since the blockbuster fiasco.
Is blockbuster a big player as they once used to be? The thing is, I just don't rent movies, but I just don't hear much about them anymore, like mid-late 90's.
This Digital Age is really cutting into the businesses of many brick and mortar stores.
Anyhow I suspect blockbuster is keeping their online rental open because of the competition from Netflix.(that business is booming) They want all the rentals they can even if they don't support HD-DVD fully, then again why even keep it online?
just like they do at hollywood video.even if people have gone online to rent.not everyone has or are able to.
they may shrug it off,but when the competition is getting 1450 stores,but you're getting 250,that's pathetic if you ask me.and cutting their projections in half for the end of year sales of stand alone players doesn't help either.and not announcing any new hd-dvd movies for rest of the year doesn't bold well for hd-dvd.
if more companies are signing on exclusively for bluray,they should be worried.
at one of the highest grossing stores in the company and trust me when I say this will have an impact. Especially if the company brings in the movies to sell. They will sell and rent alot. As for the online aspect, and I know they will. B B's online has been growing fast and we are actually taking customers from Netflix as well as making new ones. I know you'd think that if someone has Netflix they wouldn't still rent at B B, they do and were taking them away. This would have had a bigger impact back in the day, but it will have one none the less.
1st blockbuster was near sighted now they dnt even matter anymore.