Kotaku writes: "So many teams were told to pivot to live-service, only for that plan to blow up in Sony’s face, and now it’s having to deal with all of that and is doing so in the fashion you’d expect from a large multinational corporation: layoffs, cuts, closures, and shutdowns."
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.
Greed, overconfidence, agendas, western focused, and live service really changed em...6 years and barely any knockouts as great as the previous gens...what a generation ps5 has.
PlayStation needs restructuring. Make Japan their main HQ and focus again. It's what made the previous gens so special and of great quality without all this BS. Bluepoint being closed down among their other great smaller studios has really gotten me disappointed in them.
This entire generation has been a wash so far, when it comes to next gen they're going to have to redeem themselves before I actually buy it.
Fckn Jim Ryan and Herman Hulst, The deadly dumb duo. I dislike those guys for what they've done to Sony. Fire this man, seriously.
I’ve seen a lot of upset over bluepoints closure, and I have to ask. Wasn’t blue points main point to be the studio that converted their games to PC and Remakes. I know the rumor of them having a GAAS GoW is out there but even that being said, they were pretty much just doing that.
If most of the studios are doing their own remakes now (Santa Monica) and most games that are worth a damn are already remade and updated. That would just leave them with an original game. Which I don’t think we’ve heard anything pitched from them since they were acquired.