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HawlSera, do gaming w Capcom President Says ‘Game Prices Are Too Low’

I didn’t know Capcom CEO was trying out to be a comedian

SVcross, do games w Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce, also selling Bandcamp
@SVcross@lemmy.world avatar

That’s some… That’s some… Epic layoff.

soulfirethewolf, do games w Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce, also selling Bandcamp

It’s funny really. They probably could continued growth had Tim Sweeney just swallowed his pride and accepted the 30% commission rate. Instead, the game has a nearly non-existent prominence on mobile because of it.

sandriver, do gaming w Capcom President Says ‘Game Prices Are Too Low’

Game budgets are too big.

there1snospoon,

Honestly this is it.

AAA gaming does not equal good gaming, just bolted, expensive gaming.

lukas, (edited ) do gaming w Capcom President Says ‘Game Prices Are Too Low’
@lukas@lemmy.haigner.me avatar

Fuck around and find out chart

They can always charge 999999999999999999999999,- € for games. Keep the following rules in mind:

  • Demand always exceeds supply to an absurd degree.
  • Price elasticity doesn’t exist.
  • The average willingness to pay for games is way above the 8,40 €, approaching infinity, contrary to the European displacement study on page 170 paragraph 4.
  • 100 % of game pirates will buy games if they can’t pirate games, therefore DRM good.

Fuck around find out basic economic rules.

lukas, do gaming w Capcom President Says ‘Game Prices Are Too Low’
@lukas@lemmy.haigner.me avatar

Breaking news: Company wants more money.

LiveLM, do games w Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce, also selling Bandcamp

Thank fucking god they’re selling Bandcamp before they had a chance to ruin it🙏

ScreaminOctopus,

Now it’ll go to some private equity vampire who will really ruin it

Vordus, (edited )

It went to Songtradr, who are mostly a music licencing company. So I’m guessing that at least initially things are going to stay the same but that musicians are going to get nagged into letting Songtradr put their stuff up on their big licencing store. And then enshittification, because that’s how absolutely everything is going.

beefcat,
@beefcat@lemmy.world avatar

as of right now Songtradr is still run by actual musicians so it probably won’t be so bad

but that could always change down the road

elscallr, do games w Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce, also selling Bandcamp
@elscallr@lemmy.world avatar

Godot seeing both Unity and Epic implode in the same month: “now’s the time”

atmur, do gaming w Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce

The company behind Fortnite and the Unreal Engine is also reported to be selling off Bandcamp

They bought it, did nothing with it, and are now selling it. Amazing.

Honestly happy they’re selling it though, I was so disappointed when they originally bought it.

slazer2au, do games w GameStop's New Billionaire Boss Calls For 'Extreme Frugality' In Email To Staff

Does that extend to his and the rest of the C suites salaries?

Banda,

Ryan specifically says

“I’m not getting paid, so I’m either going down with the ship or turning the company around. I much prefer the latter.”

I assume he’s not taking a salary for his role. I highly doubt that extends to the rest of the c suite though.

hyperhopper,

But is he getting a hefty stock based compensation package? Can he sell those stocks before he bails?

hackitfast,
@hackitfast@lemmy.world avatar

Undoubtedly.

Who thinks he’s being the CEO out of the good in his heart?

LastYearsPumpkin,

Then he’s not using those stock sales to help the company, he’s using it to enrich himself.

snooggums,
@snooggums@kbin.social avatar

Yes, and that is the same thing as being paid even if the CEO pretends that it isn't.

AliasAKA,

Yes, and he’ll do the old “force austerity to temporarily drive up profit margins for a quarter or two, then once it’s clear the next quarter will be crap, sell all of the stock that was awarded (auspiciously with a very short vesting window, if not just given outright)”

Typical bs, probably worth shorting this stock over the next year or so

sugar_in_your_tea,

Nah, GME to the moon!

n3m37h,

Can you go to the moon instead?

sugar_in_your_tea,

Nah, GME is there. Screw em.

ryannathans,

He has 0 salary, he isn’t getting paid for any of this. Hence the end of the letter. You obviously didn’t even read it.

I expect everyone to roll up their sleeves and work hard. I’m not getting paid, so I’m either going down with the ship or turning the company around. I much prefer the latter.

woelkchen,
@woelkchen@lemmy.world avatar

Playing with other people’s livelihoods is the hobby of so many rich people.

yata,

Billionaires can afford to not get paid. Billionaires expecting normal people to get paid less is the pinnacle of arrogance.

prole,

he isn’t getting paid for any of this

Ah yes, billionaires making business decisions out of the kindness of their heart. Super likely.

These people don’t make the bulk of their wealth through a paycheck.

ryannathans,

No shit, he’s an activist that bought in and turned the company around when it was being run into the ground by consultants working for short sellers. He owns about 15%

Now compare that to executives with no personal stake in their company, making millions in salary and not giving a fuck about anyone else

livedeified, do games w Surprise, Bethesda Just Released A New Elder Scrolls Game
@livedeified@lemmy.world avatar

early access is full. added to wishlist

Phegan, do games w Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce, also selling Bandcamp

Didn’t they just buy Bandcamp?

Swim, do games w GameStop's New Billionaire Boss Calls For 'Extreme Frugality' In Email To Staff

love how the drs your gme was calling this a fake tweet earlier

ryannathans,

Superstonk mods have been compromised for a long time, silencing discussion of various topics and derailing discourse. Not to mention thousands of bot accounts manipulating what gets seen. The original members have partially moved to other forums and lemmy

Skunk, do games w Players Are Having Trouble Activating The Cyberpunk 2077 Expansion’s Final Mission

TLDR: We have no helping information for you, just wait for us to maybe update the article, just like you would wait ingame.

restingboredface, do gaming w Leaked Xbox Boss Email Perfectly Explains Why Game Publishers Are Eating Themselves Alive

So, Microsofts suggestion for the problem of studios beating old IP to death isn’t to support smaller indie projects that are developing new IP.

Doesn’t gamepass make this problem worse? It makes it affordable and incentivizes people to try many of those big AAA games so studios still get paid (maybe less than if it’s bought outright, but still i imagine it’s still compensated).

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