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EA stockholder meeting discussion/future video game crash speculation

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Source:http://www.escapistmagazine.com/foru...sh-Speculation




Earlier today Electronic Arts held a shareholder presentation to discuss the past fiscal quarter. After a brief intro, stockholders were allowed to ask EA executives questions about the company's state and plans for the future. In the meeting EA's CEO, John Raviolipepperonitortellini, was asked about whether or not his position as CEO would last much longer and some EA guy denied those rumors(but I think it was just damage control and that Peter Moore is getting a promotion soon). Another stockholder asked why he should stay a stockholder given EA's stock trend. During the last shareholder presentation there were a few questions about SWTOR and it's success(or failue), but there weren't any this year, interestingly.

How much of this do you think is Bioware's fault? SWTOR has been bleeding subscribers and ME3, regardless of it's sales, had a huge backlash. I doubt if investors pay much attention to the gaming community's opinion of EA, but it's a might big coincidence.

In fact, the entire gaming industry seems to been going through tough times.EA's stocks have been plummeting for the past year, and are at about half the price it was last July. Vivendi is allegedly looking for buyers interested in ActiBlizzard, but can't find any. THQ is so close to going under it's sad. Nintendo is posting its second quarter loss in a row, which is also its second quarter loss ever. Sony's lost billions this gen because it took years to sell the PS3 at a profit.
Do you think another video game crash is on the way? Is this a good or bad thing? Nintendo ended the first video game crash and brought with it a renaissance in gaming. Can we expect another renaissance, or is there too little innovation left in the industry?




Me: I find it kinda appropriate that the video game industry is going through tough times lately. They have been going backwards by shoveling massive shit down its consumers throats and now its starting to show.

(DLC that was cut from main game, price model of DLC/games too much, draconian DRM, shorter development cycles and blander games, project 10 dollar, and shoving shitty multiplayer into single player games)

I don't think the video game industry will crash again but I do think that unless the big companies find a restructure model that better suits the consumers they will crash and many smaller studios will emerge.


Edit: here is an interesting article about the current AAA games industry and how they are sinking.

http://www.theverge.com/gaming/2012/7/2/3125866/the-state-of-games-state-of-aaa

Updated 07-27-2012 at 11:54 AM by underrated

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  1. KocKGoBlin's Avatar
    I don't think the video game industry is going through tough times. I don't know for sure but I'd wager that sales are still pretty high if not at an all time high. I just don't think there's a monopoly on the top tier game publishers anymore. There are a lot of upstarts and offshoots that are bringing AAA titles to the table and publishers like EA and Activision no longer control everything that's worth a damn.

    But no need to cry just yet EA. As soon as the next XBOX drops and all the "gamers" out there go gaga for it, sales will be up for everything you put out on it for at least the next 3 years and so the cycle repeats.

    Trust me, if there's one thing I see trending more and more every day in pop culture, it's video games. For better or for worse.
  2. LightbulbsMcCoy's Avatar
    I think console gaming might be dipping now because of the delay before the next gen. But IMO pc gaming is currently in the middle of a high period as far as sales, development, content, etc. especially when you compare to the state of pc gaming and sales before steam really blossomed as a content delivery platform. I think this is just kind of EA being unlucky with multiple bad things happening to them at once.