Shares of DivX Inc. gained ground Tuesday, after the video compression software maker said its technology will be included in Sony Corp.'s PlayStation 3 video game system.
DivX did not say how much the agreement is worth, but expects it to significantly increase the number of products using its digital playback technology. More than 100 million DivX certified products have been shipped.
Shares rose 44 cents, or 2.4 percent, to $19.07 in morning trading.
JPMorgan analyst Paul Coster described the agreement as ''an important breakthrough'' for DivX. He said DivX technology will probably be used in Microsoft Corp.'s Xbox, along with other major entertainment products.
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:
What he said was facts. How he plays games is no concern of you. Don't get too mad about it.
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
@shin
Well keep it simple Sony 's operating income is down 26% and Microsoft's is up 32%. No MS spin there, just facts. 😉
Cheers
Odd that a company that touts you dont need the hardware to play is already touting another console in the works.
They are not reliant on the HW but still want to maintain a presence (no matter how small) is a good thing. It shows commitment to the craft. It reminds me of SNK and how they made games for their own hardware (Neo Geo) while also making them for others because they knew there was a market to do so. They knew they would sell more to others but also sell to their own niche fan base.
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" -
Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.
I knew it was mixed in the 2.0 FW but I didn't know that they had made an announcement about it.
Whilst a lot of PS3 owners are delighted with this news, I personally need to take a look at the bigger picture of this announcement.
Here are my thoughts. The functional priorities of the PS3 are now:
1. watch DivX
2. watch blu-ray
3. watch SD DVD
4. access internet
5. stream stuff from PC
6. run LINUX
7. play PS2 games
8. play PS3 games
I can forsee a lot of trouble incoming for SONY, especially when developers are spendig their hard earned money on resources in catering to the PS3's hardware, only to find that ALL those years of sweat and tears won't count for diddly when it comes to sales and profit. HS, LIAR, R+C are all prime examples. When you release a gaming console, the sole priority is to break ground in market share and to establish AAA titles as quickly as possible. With all the PS3's attention turned to media playback, it's now pretty much a $600 gadget.
How do the rest of you SONY fans feel about this. Do my thoughts represent all of us? Or am I in the minority?
thank god finally. when is this happening?
XVID XVID XVID!!! the last divx movie i saw was about 2 years ago, divx is out, so i really hope they will implement Xvid in the future too...
Supposedly [Heard it from kotaku], but it won't work just yet ;o
As long as I hear .AVI will work with this i'll be a happy person ;o