Games Released In Japan Have To Sell 100,000 Or More To Stay In The Black

CyberConnect2 Sales

According to CyberConnect2 CEO, Hiroshi Matsuyama, if you’re a developer or publisher producing video game software in Japan, you need to move at least 100,000 copies domestically if you want to stay in the black. Continue reading “Games Released In Japan Have To Sell 100,000 Or More To Stay In The Black”

Sega Wants To Release More Ports While Supporting PC Gaming Moving Forward

It looks like folks might be seeing more ports from Sega in the foreseeable future as well as better PC support from the company. This information comes from company CEO Haruki Satomi, and Vice President Koichi Fukazawa. Continue reading “Sega Wants To Release More Ports While Supporting PC Gaming Moving Forward”

Sony Reports Great Fiscal Quarter, PS5 Details Coming Later This Month

There is a trick to financial reporting that I’m going to show you. A recent op-ed in Bloomberg covering Sony’s successful quarter opens with a peculiar line. Continue reading “Sony Reports Great Fiscal Quarter, PS5 Details Coming Later This Month”

A&E Gets Woke And Goes Broke By Losing 49% Of Viewers After Dropping Live PD

Live PD

A&E got woke and is now going broke, not only losing half its viewership after dropping the show Live PD, but also losing all of the advertising revenue that came along with airing the show. Continue reading “A&E Gets Woke And Goes Broke By Losing 49% Of Viewers After Dropping Live PD”

PS5 Aims To Bring The Best Value But Not The lowest Price, Says Jim Ryan

Many outlets have posted up multiple editorials and opinion pieces on the price point of the Xbox Series X and the PS5. However, we may not know the exact numbers for both next-gen consoles right now, but we do know that Sony will attempt to bring the “best value” to its customers instead of a lower price point later this year. Continue reading “PS5 Aims To Bring The Best Value But Not The lowest Price, Says Jim Ryan”

Despite Coronavirus Measures, Tencent Surpasses Q1 2020 Expectations

Although the coronavirus is affecting multiple businesses and industries for the worse, it looks like the Chinese mega-corporation best known as Tencent is beating quarterly expectations. According to a new report that Tencent issued out regarding its Q1 2020 results, it has “blown past estimates” despite China being on lockdown. Continue reading “Despite Coronavirus Measures, Tencent Surpasses Q1 2020 Expectations”

Xbox Game Pass Has Five Times As Many Subscribers As PlayStation Now

Xbox Game Pass

Xbox Game Pass has 10 million subscribers while PlayStation Now only recently reached 2.2 million subscribers. The news was part of a comparison in a report by GamesIndustry.biz, which noted that despite launching three years after PlayStation Now, the Xbox Game Pass has managed to quintuple Sony’s streaming efforts. Continue reading “Xbox Game Pass Has Five Times As Many Subscribers As PlayStation Now”

Editorial: GameStop isn’t Dying

They’re hard to miss, so by now you’ve probably seen the doom and gloom headlines of GameStop’s imminent demise. After all, they’re closing stores and have seen their revenue decline year over year, so it is inevitable as death is for the non-mortally challenged right? The long answer is rather complicated, but in the short term, no GameStop is not dying out, the company is course correcting. Continue reading “Editorial: GameStop isn’t Dying”

Sony Acquired Insomniac Games For $229 Million, According To Report

In a new SEC filing, we learn that Sony has put up around $229 million to acquire Insomniac Games — a studio best known for churning out games such as Spyro, Ratchet and Clank, Resistance: Fall of Man, Sunset Overdrive, and Marvel’s Spider-Man. In case you don’t know, Sony acquired Insomniac Games back in mid-August, 2019. Continue reading “Sony Acquired Insomniac Games For $229 Million, According To Report”

Birds Of Prey Opening Weekend Points To Get Woke, Go Broke Scenario

Birds of Prey

It was rumored ahead of its release that Birds of Prey was on the fast track of going broke after getting woke. Pre-sale tickets were down and estimates for the previews weren’t looking good, but some media outlets tried to play it off as if it was all fine and dandy… even when it wasn’t. Well, now there’s proof that the movie is on the fast track to making it onto the Get Woke, Go Broke Master List. Continue reading “Birds Of Prey Opening Weekend Points To Get Woke, Go Broke Scenario”

Electronic Arts Stock Drops After Giving Guidance For Its March Quarter

Although Electronic Arts’ digital share went up this quarter with total net revenue topping $1.59 billion and total net bookings reaching $1.98 billion, the company’s guidance for the current quarter was $1.152 billion in adjusted revenue, which is below the $1.2 billion street average. This has led EA’s stock to drop by 6%. Continue reading “Electronic Arts Stock Drops After Giving Guidance For Its March Quarter”

BBC Hit With Over 450 Layoffs

A recent announcement took the BBC’s employees by storm as the company announced it was terminating several “linear broadcasting (TV)” programs and was further laying off over 450 employees. The Daily Mail reveals that these layoffs are not your typical sack Dave layoffs, but impacted several high earning presenters as well. Continue reading “BBC Hit With Over 450 Layoffs”

EA To Ship Multiple Games Up To 2021, Remasters Of Fan Favorite Games Inbound

Electronic Arts, best known as EA, is looking to ship a slew of new IPs alongside remasters of older “fan favorite” games. Of course, the next Battlefield game — which will be the successor to the flop that is Battlefield V — will release sometime between April 2021 and March 2022. Continue reading “EA To Ship Multiple Games Up To 2021, Remasters Of Fan Favorite Games Inbound”