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Video games and pricing

While price elasticity is prevalent with many smaller independently developed and published video games, many of the larger AAA studios have set the price point at $60 for their games. This is a lot of money to spend on a single video game and that does not include the additional downloadable content that can make the total up to $80 or higher.

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apixelatedview.com
UltimateMaster4330d ago (Edited 4330d ago )

Pricing has gone out of hand.
Worst of all, some games do go up to 120$ with season pass and all DLC.

However, the article has it wrong.
He says a game with a 40 Million dollar budget should be priced lower than a 200 Million $ budget.

First of all, A company's goal is to make profit.
So, they have to sell enough copies of the game to recover it's cost.
That's not something that is variable, it is a fix cost "40M$".
That game's goal is to match it in profit, then the rest is pure profit.

It's not something like electricity, where the more you consume, the more it cost the company "and the more they charge you".

So, you've got to consider how many people "and how many platforms and potential buyers" you are dealing with.

Not everyone is going to buy a game like Heavy Rain, therefore it's customer base is smaller.

However, a very popular franchise like Star Wars can take the risk of going beyond their budget because they know there is a ton of fans out there willing to pay for the game.

What bothers me is when a franchise becomes successful, yet they put the minimum effort into it's game to cut cost and milk the game at a maximum.

Take Call of Duty for example. There's a huge install base for that game. They sell 10 Million copies of the game every year.
They know they are diving in profit, but yet, what do they do?
Nothing but exploiting their customers. They take shortcuts to save time: https://www.youtube.com/wat...

Instead of lowering the price of the game to 40$ and still make a ton of profit, they hike it to 120$ with "DLC" of maps that aren't even well tough out.

Advance Warfare seems like the biggest change in the franchise, if it's good that remains to be seen.
But you get my point.

It saddens me that were just getting the same games every year. As much as I like some of them like Assassin's Creed, I won't buy them every year anymore because they could be doing something different.
I applaud Ubisoft because they make a lot of original titles.
But we don't need the same game every year nor multiple times a year.

3-4-54330d ago

We got more for $50 than we ever did for $60.

ScottyHoss4330d ago

I think there's a price gap between regions that is out of hand.
US: $60
Canada: $70
Europe: $81.61

joab7774330d ago

Well said but the reason games r priced the way they r regardless of whether they are revolutionary or annual releases is simple...because it sells.

And companies hav known for awhile that games wouldnt sell for $80 to account for inflation etc. Thus dlc. Consoles are a much smaller leap in tech this time b/c ppl cant and wont spend $700 for the jump we would have normally seen.

Its why we have microtransactions etc. The economy worldwide has been severely damaged and business has shifted models to remain profitable. Its much easier to get ppl to part with nickels and dimes...even if they add up to $100x when all said and done.

Its crazy but its exactly a result that has come about b/c of many different factors. Yes, many companies hav been terrible about it, but it isnt entirely the fault of one entity.

UltraNova4330d ago

Do you blame them for charging like this?

I mean those 10 million buyers every year are kind of asking for it aren't they?

BattleAxe4330d ago

- purchase internet
- purchase console
- purchase peripherals
- purchase Subscription
- purchase game
- purchase DLC
- purchase micro-transactions
- purchase yearly releases of the same game

Oh how gaming has evolved.....

VJGenova4330d ago

Consoles, games and peripherals have always been there.

To name a "few" of the NES peripherals:

1. Power pad
2. Power glove
3. NES 4 Score
4. Light gun
5. Arkanoid contoller
6. Turbo controller
7. Laser scope
8. Zoomer
9. Super stick

Also don't forget preorder bonuses and day 1 DLC. I hate that the most!

BattleAxe4330d ago

How much did the internet, DLC, micro-transactions and subscriptions cost back then?

joab7774330d ago

How much did gamea cost when taking inflation into consideration, consoles? What was the budget?

Its a business trend adapted by gaming companies. Yes, some have taken advantage, but as a whole, it is the route that was taken and accepted to keep many industries alive. It will change again. Remember that it is a direct reflection of we live our lives financially etc.

MGSmarioPRO4330d ago

Just one thing at least in my country. Games had a price of 70 to 80€ at Nintendo/Sega time and when PSone came they started to be 60€. The price over here is still the same since PS came 20 years ago, with the difference that now you can buy them from internet at lanch for 50€ and if you wait 2/3 months you can have them for half price (less the big AAA and Nintendo games that are almost always with the same price).

So the prices for games are way better today because they didn't grow up in pair with the other stuff. For example in these 20 years a coca cola is 4 times more expensive and that happen with almost all food.
Games are expensive but people that complain about the price have no idea of what it was to live in the 90 and before.

VJGenova4330d ago

It really is crazy that people forgot how much video games cost in the 70's and 80's. My dad bought us a texas instruments computer (catridge based system) for $500.

http://www.allgame.com/plat...

NES, SNES, and N64 games generally retailed for $60. I spent $75 on street fighter 2 in 1992 and I think $80 on Turok in 1997. Ignoring the fact that money went further back then, way more money goes into game development these days. So instead of getting a 30 minute game, you may get a 30 hour game.

If you look at the pc market, a lot of new AAA rated titles go for $50. Some may go for $60. Diablo 3 comes to mind.

Indies generally go for $5-15.

I have to say we have it pretty good. I buy 4-6 new games a year. So far this year it was Dark Souls 2, Stick of Truth and a preorder of The Witcher 3. I bought 13 games for roughly $45 total during the steam sale. Most of those were indie titles that would've gone for $60 each 20-40 years ago.

I also recall with the release of Street Fighter 2 Turbo and then Super Street Fighter 2, all that started at $60+, my brother and I were wishing we could "upgrade" our copy instead of buying a new game. A la DLC. Careful what you wish for I suppose ...

UltraNova4330d ago

I agree with you in some extend. I remember paying 75 euros for Super Mario 64 back then, inflate that to 80 in todays money! Thats 120 $!

It was really crazy back then, gaming was for rich people or kids like me who worked summers and mid-holidays to buy 2 maybe 3 games a year!

I remember collecting those 120 stars in SM 64 like 6 times until I could afford another game.

But all that way back then do not excuse devs and publishers today with all that day one dlc, cut games offered via dlc later on, micro transactions, yearly passes etc etc...

How on earth a game is sold at 60 both physically and digitally is still acceptable is beyond me really..have we really come to this? really?

DivineAssault 4330d ago

Instead of making complete games like they used to, they rush it & slap a crappy patch on it later... Then charge for content that shouldve been in there to begin with

thebudgetgamer4330d ago

This is kind of silly to be outraged by this. When I started buying console games back in 87/88 I was paying about forty bucks for a New game. You take inflation into account it's pretty amazing how slowly games prices has gone up.

TheSaint4330d ago

Agreed, games have been £40 for ages, not sure how they haven't gone up more TBH.

UltraNova4330d ago

They wouldn't dare raise the prices, not while used games pose a significant thread. Should they manage to ban used games (in a similar way Microsoft tried to do)I can bet you my liver right now we will see a 10 buck price raise within a year and that will be just the start.

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80°

PlayStation is Phasing Out The "PlayStation Network" Branding

PlayStation will be dropping the "PlayStation Network" and "PSN" branding by September 2026, Insider Gaming has learned.

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insider-gaming.com
gold_drake63d ago

this goes hand in hand with the recent rumours about a combined sub model they are allegedly working on.

not sure what to think of it. psn was genuinely a great name for what it did, but oh well.

darthv7263d ago

XB Live was a good name too... but nothing lasts forever.

Seraphim63d ago

haven't you heard, diamonds are forever.

S2Killinit63d ago (Edited 63d ago )

True love lasts forever. 😘

QuantumMechanic63d ago

Diamonds aren't forever, either...

isarai_lee63d ago (Edited 63d ago )

Dear Lord this article is written by AI, It talks circles over and over

Anywho, i wonder what they'll refer to it as , PSN just has a nice ring to it, kinda silly to erase it just cause 🤷‍♂️

lodossrage63d ago

I'm not too fond of this change. Changing established brand names in most industries doesn't always turn out well. But we'll see

63d ago Replies(3)
Cacabunga63d ago

PlayStation is trying to beat last gens Xbox missteps with all these garbage announcements… I see no other reason.
Phasing out a 20 year old iconic name like this makes absolutely no sense

S2Killinit63d ago

I never thought it was a particularly good name.

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480°

PlayStation Network Reported Down By Many Users

Experience issues with PlayStation Network being down? Get the latest updates on the reported problems and find out if you're not alone.

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gamersocialclub.ca
Themba76468d ago

Well for me I’m good I play single player 90% of the time

468d ago Replies(2)
thorstein468d ago

I thought I was losing it. Everything is working in my house except PSN. I checked the PSN page an hour ago and it was all green checks.

I just checked again, everything is red. Says they're doing maintenance.

468d ago
Eonjay468d ago

It finally came back up but I must say that it's really unacceptable to not be able to play my games when it's down. Also I have gain a new appreciation for physical games. I know digital keeps growing and growing but the thing is you are paging for something you don't have complete control over and that's lame.

Cacabunga468d ago

It has been over a year since ps+ expired and i only play SP games. I only got 1 month ps+ basic back when i had to do rdr2 online trophies.
I couldn’t care less and shows sp games will always FTW

darthv72467d ago

....and this is why everyone should support more than one platform. Switch has been getting more play time as a result.

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VersusDMC468d ago

Well i am locked out of my digital single player games because offline play wasn't activated and licences can't be verified. And i got no physical games. Gotta remember to activate that when it's back up.

Hopefully it comes back up soon.

neomahi468d ago

I have several PS4 consoles in my house for various purposes, I'm screwed because I have such a large collection and I don't want to have redownload whenever I want to play a game. I want to fire it up, like going to a shelf, pulling a game off the shelf, putting it in the disc drive and off you go that fast. Can't do that with digital and limited HDD space. Installing a disc is faster, you don't have to worry about data caps and internet speeds, and storage space is really expensive. Xbox just allowed a 16TB HDD to be accessed by Xbox, but that 16TB is gonna cost you, even more if it's SSD, if those even exist yet.....

VersusDMC467d ago

It is still down but if you go to settings -users and accounts- other - restore licenses i managed restore a license to a single player game. Back to replaying GOW Ragnarok.

solideagle467d ago

Single player my a**

I have downloaded unicorn overlord, Spiderman 1 And many offline single player but I am getting error to restore license but psn is down in UK.

What a load of bullshit that I can't even play single player games...

Digital is future /s :@

Sonic1881467d ago

This is one of the reason why I don't pay for Playstation plus

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468d ago
LG_Fox_Brazil468d ago

Still down, been a while since something like this happened

Christopher467d ago

Not a good sign that they haven't said anything yet.

anast467d ago

Ask PlayStation X: "We are aware some users might be currently experiencing issues with PSN."

LG_Fox_Brazil467d ago

I'm playing Fortnite with my cousin right now, but it's the only game with servers up, the rest is working, library, store, downloads, it's just the online, which sucks, cause I wanted to play Helldivers and Phasmophobia

LG_Fox_Brazil467d ago

Update: It is back here in Brazil. 20 hours later, goddamn

OmegaSoldati467d ago

Still down. More than 12 hours. 2011 flashbacks incoming

P_Bomb468d ago

Yeah it’s all shot. Friday night? Bad timing. 😤

Profchaos468d ago (Edited 468d ago )

Saturday midday for me so no biggie Friday night would be annoying

Profchaos468d ago (Edited 468d ago )

Seems to be a big one so might extend into Saturday for the you guys

P_Bomb468d ago

Yeah, no end in sight. I watched some KCD2 streams to pass the time. Time to call it a night 😴

neomahi468d ago

Would've made more sense to do maintenance during the week. I get it, it's a necessary, but don't do it on the weekend! That and people with digital game collections are up the creek

Nacho_Z468d ago

Suggests it's a problem and not planned maintenance given the timing.

Profchaos468d ago

Down for me but single player PS plus games still work and obviously anything I own digitally or physically so big deal

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400°

PlayStation Network Currently Down Worldwide

PlayStation has been hit with a worldwide outage

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gamersocialclub.ca
Tacoboto598d ago

When PSN is down, can people even use their PS Portals locally?

I'm also near platinum in Astro but I can't even load the trophies page on the system with this issue going on.

OtterX598d ago

Yea, this thing just became a paper weight. :\

I just tried, and it woke the console up out of sleep mode just fine, but it's stuck in a neverending attempt to actually connect. I've had my Portal for a bit over a month now and have absolutely loved it... but I just found my biggest dislike of this thing.

lukasmain598d ago

Works fine for me as writing this.

OtterX598d ago

@potatoseal great! Glad your region is working. Mine's still stuck in "Connecting". :\

fr0sty598d ago

USA seems to be ok, just turned my system on and all is well.

OtterX598d ago

Yea weird, my Portal wouldn't connect until I actually restarted the Portal. It's working fine now! 🔥

+ Show (1) more replyLast reply 598d ago
Profchaos597d ago (Edited 597d ago )

No it still needs to use you PlayStation account authentication to connect the two systems. Both ends need to be able to talk to PlayStation authentication servers to verify your identity prior to connection. It's a good thing I guess as you wouldn't want a unauthorised connection to your console

There's a alternative remote play app on the app store that allows it but it's not going to help you with the portal right now

kayoss597d ago

Im able to connect using my PS Portal but all my games have the "License cannot be verified...." error.

Yui_Suzumiya598d ago

And here I just dusted off my PS4 the past week after not touching it for over 3 years and now I can't even play an offline visual novel (World End Syndrome), lol

Christopher597d ago

It was a night of Vampire Survivors for me.

Disccordia597d ago (Edited 597d ago )

Great choice, still waiting for WORLDEND PHENOMENON...

Yui_Suzumiya591d ago

Same here! I went to Twitter to check up on progress for WEP and apparently it's on the backburner for the moment while the production team works on a spin-off that takes place in the same universe as WES. I did get the platinum trophy though. Now I'm working on Steins;Gate Elite which I should have gone through years ago because the anime adaptation is what got me into anime to begin with, lol.

P_Bomb598d ago

Yeah it’s been 3 hours as of this writing. No official word on the cause that I know of.

ZeekQuattro598d ago

Verizon had outages across the US yesterday. Probably still do bit it didn't effect me. Wonder if this is related or just a coincidence.

blackblades598d ago

I can see people in my friend list playing, its not everyone just like other times. I don't mind I got other things I can do in this world we call life. It's funny on Twitter cause they all use the same excuse "oh just got off work and just wanna play". Also I like free stuff compensation would be great, I prepared for it to go down so I can get more out of it compensation

Michiel1989597d ago

day 2, drums in the deep. They are coming

LG_Fox_Brazil598d ago

Just checked and it seems Xbox is also down, is this ddos? Downdetector has quite a few people posting about both platforms and also for Verizon as well

Reaper22_597d ago

That's not true. Xbox was never down.

gold_drake598d ago (Edited 598d ago )

yeh its been down for hours now.

everytime it goes down, i get ptsd from 2011 haha

3 weeks.

blackblades598d ago

Lol I don't I be like yeah free stuff

Extermin8or3_598d ago

Free stuff at the expense of 3 months without PSN. No online play, no access to digital games .....

blackblades598d ago (Edited 598d ago )

@Extermin
Ain't talking that long, 24hrs is the limit. 24hrs should be that compensation time. 3 weeks I'm strong enough to handle it but its not worth it at 3 months bruh. 24hrs

Profchaos597d ago

@exterminator it was easier to stomach back then sure but at least there's still disc based games and games you have on your system will still load just fine unlike Xbox there's no check in to validate licences it just plays locally if it's not expired

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