Tag Archives: finance

The Wired Fish Podcast S3 – Episode 6

Ahoy! In this episode of The Wired Fish Podcast, we ponder about THQ’s money troubles and how they hope Darksiders 2 will save them. Then we talk about Next-Gen Expectations and what people expect from the next generation of gaming. Finally, we discuss about the Free-to-Play model giving rise to Pay-To-Win.

Time-Table of Contents after the break.

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SEGA’s Closing Studios In Europe and Australia

Amidst the absolute mess SEGA’s in right now comes word that SEGA is closing down some of its offices in Europe and Australia. The casualties in Europe are Germany, France, Spain, and Benelux. Australia is getting the axe completely. Jurgen Posts states that this is all part of SEGA’s business realignment strategy. All is not lost though, as Koch Media and 5 Star will be taking care of the territories affect by this strategy. Post does say something that makes me nervious for SEGA’s (and the industry as a whole) future. “The big IPs are becoming bigger, whether that’s FIFA, Call Of Duty or Assassin’s Creed, those titles are just becoming bigger and bigger and it’s harder and harder to break into the market with new IP.” This concerns me greatly since SEGA postponed Anarchy Reigns to 2013. Along with this, SEGA’s probably not going to do much exploration with themes, settings, and ideas.

At this point, I don’t know what to say about SEGA anymore. They have a plan, and unfortunately it looks like it might work… for them at least. It’s a shame we probably won’t get more out-there games like Space Channel 5 and ChuChu Rocket. But this problem stems from a deeper problem plaguing the industry, and I’ll get to that in the very near future.

Sega closing five European offices this year [GamesIndustry International, via Kotaku]

Nintendo Posts Its First Annual Loss In 30 Years

While Nintendo did expect to lose a little over half-billion dollars in the past year, its still quite a kick in the face for the company. To put this in perspective, Nintendo has never reported an annual loss since going public, essentially when it went to the videogames business. Throughout those years, we’ve seen Nintendo stumble couple of times with the N64, Gamecube, and a few other excursions. But it never dragged Nintendo down that much… until now.

With Wii sales dropping as a new console looms on the horizon and the shaky (but much improved) launch of the 3DS, this could be the jolt that Nintendo needs to finally get back in the game. During this generation, you can see that Nintendo got pretty arrogant with their consoles, even going as far as charging $250 for the 3DS based on people really liking the 3DS with it was first shown at E3 2010. But hey, maybe things might be looking up. There’s a new Super Mario game coming out for the 3DS, and development on the new Super Smash Bros. is finally underway for both the Wii U and 3DS, and sales for the 3DS are on the rise as well. We’ll just have to wait and see.

Wii U crucial as Nintendo posts first loss in 30 years [techradar]