‘Nintendo Must Stop Living In The Past’

What happened in the business of video games this past week…

QUOTE | “Nintendo must stop living in the past.” — Michael Pachter, Wedbush Securities analyst looking at the Wii U’s design and how it is going to make their launch difficult.

QUOTE | “I think I’d be disappointed if Kotaku didn’t change.” — Brian Crecente, former editor-in-chief of Kotaku, on what he expects will happen to Kotaku now that he’s gone.

QUOTE | “Outlets are losing traction or credibility or their sheen, and we’d like to pick it up.” — Chris Grant, former editor-in-chief of Joystiq, talking about how the new Vox Games site will be trying to become the world’s largest gaming site.

STAT | 42,648 — Number of PS Vita units sold in Japan in its third week, down from 72,479 units in the second week and 321,000 units sold in the first two days.

STAT | 8 per cent – Amount the Japanese game market revenue fell in 2011 versus 2010, from numbers reported in Japan’s leading game magazine Famitsu.

QUOTE | “The key challenge is to bring back consumer excitement around the Sony and PlayStation brand.” — David Cole of DFC Intelligence on what Sony has to do to succeed in 2012.

QUOTE | “Our team will be eating, sleeping and breathing Tomb Raider.” — Crystal Dynamics community manager Meagan Marie talking about the new Tomb Raider and the exciting new IP Crystal Dynamics is working on.

QUOTE | “It’s a tough, bleak world for new sites.” — Industry veteran Douglas Perry on the challenges that Vox Games will face despite hiring a “super team” of journalists.

QUOTE | “We view the early success of Star Wars as an indication of a healthy MMO market.” — Baird Equity Research’s Colin Sebastian, talking about early numbers on Star Wars: The Old Republic‘s subscribers.

QUOTE | “Free-to-play is the new frontier of western game development.” — Robin Kaminsky, former Activision VP looking at how the game industry is shifting towards this business model.

QUOTE | “God of War IV (upcoming).” – Timothy Williams, game composer, inadvertently revealing on a resume the new game in the works.

STAT | 1 Million — Number sold of three different Nintendo 3DS titles in the USA in 2011, closing out the year strongly for the 3DS.

This Week in the Business courtesy of IndustryGamers.com.

Image: Shutterstock

Discuss

(10 Comments)
  • [–]

    Chris Monsanto.

    Saturday, January 7, 2012 at 5:59 PM

    Pachter is a goddam moron

    • [–]

      TechaNinja

      Saturday, January 7, 2012 at 6:22 PM

      Someones an angry fanboy.

    • [–]

      Chazz

      Saturday, January 7, 2012 at 6:41 PM

      Well yeah, he’s an analyst…it’s his job to be a moron.

    • [–]

      Jake

      Saturday, January 7, 2012 at 7:23 PM

      It’s not even multitouch, and OnLive has already proved that you can run the amazing WiiU steaming tech on Iphones… without having to be within range of the console…

      • [–]

        Chazz

        Saturday, January 7, 2012 at 9:53 PM

        OnLive won’t exactly be a viable option for many countries anytime soon.

      • [–]

        Adaniel1962@gmail.com

        Monday, January 9, 2012 at 3:41 PM

        Not a very informed comment
        What do you think the cost of a new ipphone or ipad will be – a lttle more than a WiiU probably?
        And won’t the Ipad need to connect to the tV with a HDMI cable.
        Not exactly not being in range of the console?????
        The ipad would be the console connected by HDMI to the TV.

    • [–]

      Scott

      Sunday, January 8, 2012 at 10:31 PM

      I think he’s right

  • [–]

    N0NEoftheAB0VE

    Sunday, January 8, 2012 at 1:29 AM

    WHEN did this happen?

    QUOTE | “I think I’d be disappointed if Kotaku didn’t change.” — Brian Crecente, former editor-in-chief of Kotaku, on what he expects will happen to Kotaku now that he’s gone.

  • [–]

    Marek

    Monday, January 9, 2012 at 6:10 AM

    I love people predicting Nintendo’s demise year after year while they continue to smash sales records.

  • [–]

    Trailblazer34

    Tuesday, January 10, 2012 at 11:50 AM

    Idiot analyst is idiotic.

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