What’s happened in the business of video games this past week …
QUOTE | “Do consumers still care about Kinect?” — Veteran games journalist Johnny Minkley tackles the tough questions surrounding the Xbox business and whether Xbox 360 is even catering to the core at this point.
QUOTE | “Sony has bigger problems than a Vita price cut can solve.” — Asif Khan, CEO of Panoptic Management Consultants, along with other analysts talking about how Sony can sell more PS Vitas.
QUOTE | “The best-case scenario for social gaming is for the term itself to disappear.” — Soren Johnson, game designer who’s worked on Civ 4 and Spore, talking about why he left EA for Zynga and the future of social games.
QUOTE | “I’m not saying it’s excusable, but I think it’s indicative of a larger problem in our industry.” — Rachel Weber, GamesIndustry International writer, talking with other GI.biz writers about Diablo III and its early problems.
STAT | 13.4 per cent — Amount Zynga’s stock dropped after the Facebook IPO began, coming close to the lowest point ever in the stock’s brief history.
QUOTE | “Recent iterations have not been as fun when compared to those of the past.” — Yuji Naka, creator of Sonic the Hedgehog, talking about the latest versions of Sonic and other views on games and next-gen hardware.
QUOTE | “They’re hoping that pandas and Pokemon clones will keep the franchise breathing until Titan arrives.” — Steve Peterson, West Coast Editor for GamesIndustry International, talking about what Activision Blizzard is doing with World of Warcraft expansions to keep subscribers.
QUOTE | “Potentially we have a … a new target for direct ports of existing 360/PS3 games.” — Richard Leadbetter, tech specialist at Eurogamer, talking about the new mobile GPUs coming to smartphones and tablets later this year.
QUOTE | “Backwards compatibility, the ability to play pre-owned or shared games, and a physical drive.” — The three key features GameStop says its survey of gamers revealed they want in next-generation consoles.
STAT | $US239.9 million — Amount THQ lost during its fiscal year that ended in March, on total sales of $US830.8 million for the year.
QUOTE | “We don’t want to kill off bricks and mortar retail.” — Mike Kennedy, CEO of EKG, the used game retailer that wants to give 10% of used game sales to publishers, talking about the difficulty of giving publishers money.
QUOTE | “This will allow big games to truly have the types of huge debuts that we see with Hollywood blockbusters.” — David Perry, CEO of Gaikai, talking about the new Nvidia technology which will allow high-quality streaming games on TVs, tablets and even Facebook.
QUOTE | “Tablet users are gravitating towards gaming as the primary use for the device.” — Taken from a survey of over 3500 people across the USA from Magid & Associates about gaming trends and attitudes.
This Week in the Business courtesy of GamesIndustry International.
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