This Week In The Business: It (Doesn't) Print Money ...

This Week in the Business: It (Doesn't) Print Money ...

What's happened in the business of video games this past week ...

QUOTE | "Nintendo continues to underperform even our very low expectations. However, it is more of a business failure than a product failure." — Analyst David Cole of DFC Intelligence, with other analysts, discussing what happened in 2013 and predicting what will happen in 2014.

QUOTE | "We expect Sony's PS4 to 'win' the next console generation." — Wedbush analyst Michael Pachter, on his expectations for the PS4, the Xbox One and the Wii U over the next three years.

STAT | $US13.75 billion — Total game revenues for China in 2013, according to trade group GPC; 64.5 per cent of that comes from client-based PC games, and 15 per cent from browser-based games. Additionally, domestic Chinese developers made up the majority of revenue brought in for 2013.

STAT | Four — the number of top executives who've left Electronic Arts in just the past few days as co-founders from PopCap left followed by co-founders at Criterion, who are looking to form a new studio.

QUOTE | "We need to get back to the place where we used to be and not just in mobile. We have underinvested in new IP." — PopCap's John Vechey, taking over as new GM as co-founders Dave Roberts and Jason Kapalka leave, on PopCap creating more new games going forward.

This Week in the Business courtesy of GamesIndustry International Image by Lipik [Shutterstock]


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