It's hard to believe that after getting a big investment from Tencent, PlatinumGames still needed to resort to Kickstarter to fund a project.
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.
It's a tangible interest gauge. We would've likely never seen this game elsewhere. This campaign is essentially saying "look we don't know if there's enough interest in the game to justify the project. So let us know if it is worth it by preordering it". And i would rather have that than letting this game die on the Wii U.
Platinum Games is trying to move towards self-publishing despite not having the finances to do so. Unfortunately for Platnium Games, despite their name, the games produced by the studio have never been huge sellers.
“The creators of the wildly popular Bayonetta series”
Wildly popular? The series hasn’t even not to my knowledge sold more than 5 million units.
I hate what they pulled with that campaign. It's clear that they already made the Switch port, as there is no way that 50k and 2 months would be enough to make it. That amount of money would likely not even be enough to cover Nintendo cartridges license fees, let alone develop a game.
It's just a pre-order page. And a way for them to make a quick buck.
It really is a risky proposition, the success:failure ratio with crowdfunding ain't great, but tbf, maybe it isn't with venture capitalism either. Crowd funding does seem more transparent at least.