Leaderboard: Are you concerned about the health of the games market right now?

    
78

In the last couple of weeks, we’ve been posting what seems like an endless list of bad news from gaming companies insofar as their performance in 2018. From Activision-Blizzard and EA to Square-Enix and Take-Two, these companies have taken major stock hits after their results, even good results, are posted – in some cases, even before.

In fact, GIbiz just penned a piece summing up the state of the industry and seeking a reason behind the tumble. Fortnite, Rob Fahey writes, might account for some of the financial results at studios that are not Epic Games, but certainly not all (he even points out that investors had the same panic about World of Warcraft once, but that in end, “WoW’s success grew the industry rather than eating everyone else’s lunch, and Fortnite is likely to do much the same”). It doesn’t account for the stock drops for platforms like Sony and Nintendo, though, where Fortnite is actually being played. Let’s be blunt: Fahey argues there’s a “certain derangement around games as a sector, which vastly magnifies risk and overreacts to bad news,” irrespective of ebbs and flows in the market beyond games.

I thought it’d be interesting to take the MMO community’s pulse on the health of the games market. Are you concerned over all the stock swings, and has it actually affected the way you invest in game companies – if you do? To the polls! And remember, some of the poll options are mutually inclusive, so we’ve given everybody multiple votes.

Leaderboard: Are you concerned about the health of the games market right now?

  • Very concerned. (10%, 31 Votes)
  • Mildly concerned. (16%, 47 Votes)
  • Not particularly concerned. (18%, 53 Votes)
  • Not at all concerned. (19%, 56 Votes)
  • I've reduced my financial investment in the games sector. Sell sell sell. (1%, 3 Votes)
  • I've increased my financial investment in the games sector. Buy buy buy. (1%, 3 Votes)
  • My financial investments were never in the games sector. (17%, 51 Votes)
  • I'm out of the market entirely right now. (2%, 5 Votes)
  • Watching and waiting to see how things shake out. (6%, 17 Votes)
  • Something else (tell us in the comments). (3%, 9 Votes)
  • No response / elf butts / view tallies. (9%, 27 Votes)

Total Voters: 249

Loading ... Loading ...
newest oldest most liked
Subscribe to:
Reader
Nathan Aldana

tbh I’m more worried the AAA gaming industry is going to eat itself alive and put a lot of innocent people out of work

Reader
Joe Seabreeze

Most publishers/developers just care about the bottom line. Creativity, innovation, and passion has been lost to greed. That’s the kind of trend that causes an industry to crash. And here we are.

Reader
Jim Bergevin Jr

The games market isn’t any different than any other industry on the market. It’s not going anywhere in the long run. The real concern would be the smoke and mirrors that the stock market actually is. But that’s a discussion out of our scope here.

Let me leave with this. Years ago, during a recession in the US, a friend of my father owned a local liquor store. My father asked him one day if he was worried about the financial situation. His buddy responded with the following:

“No, I don’t have to worry because I don’t sell anything that anybody needs. I only sell product that people want.”

Reader
Braveliltoasterx

Games companies only care about quick and easy cash. The days of good MMOs with solid story and content are long dead and gone. Now it’s all about fast paced no story BR that all the streamers play. Gamers now are just sheep following what ever game has the most viewers on twitch.

It makes me sad :(

Reader
Dankey Kang

That’s what happens when you churn out trash year after year.

Blinkenn
Reader
Kickstarter Donor
Blinkenn

And the old saying has come to pass: “Only WoW could kill WoW”

Reader
Mallus

I believe that most people have a lot less discretionary money for entertainment these days and are most likely playing 1-2 main games rather than a bunch of them at the same time. The gaming industry needs to start listening to it’s player base if they want to hold their attention for any period of time (looking at you Blizzard)

Reader
Loyal Patron
Patreon Donor
Armsbend

In the US at least income is finally making some small gains – after a decade of flat growth.

PlasmaJohn
Reader
Patreon Donor
Loyal Patron
PlasmaJohn

I have a lot of discretionary money. What I abhor are predatory business practices. Nothing makes my wallet slam shut faster than feeling taken advantage of.

Reader
Kheldar

That is why I completely abandoned Anything Daybreak. Pay pay pay for everything, Pay for sub. Pay for expansions. Pay to the cash shop for advancement impossible in game. I didn’t need that crap, and I’ve been weaned off now for a year :)

Reader
rosieposie

Concerned? I’m frickin’ DELIGHTED!

Reader
Loyal Patron
Patreon Donor
Armsbend

Blizzard cutting a few hundred jobs next week if the reports are correct.

Reader
Utakata

The Tips button is up on the right hand corner of the page I thinks. O.o

Reader
Utakata

“Don’t nag the commentary, Uta.”

Yeah…I thought I was over extending the pigtails there. My apologies. :(

Reader
Loyal Patron
Patreon Donor
Armsbend

I normally do send them tips – I just thought they’d be right on it – I am sure they are. I bet they have it set to a 9am release :)

Reader
Loyal Patron
Patreon Donor
Armsbend

I thought about that but the news was spreading so fast I thought there was no way the fellows at MOP didn’t know about it as soon as I saw it. The sources were common ones. Destructoid, Forbes, etc.

I’m sure they are typing it up now :)

Reader
Utakata

Fair enough! :)

Reader
Sorenthaz

Well Rip Blizzard.

Reader
Loyal Patron
Patreon Donor
Armsbend

It sure seems that way. Rather than regroup and retool they just cut through a huge swath of their brain trust. Makes sense.

They are going to be absolutely awful going forward that is a fact.

Reader
Bruno Brito

Feels bad for the jobs, but Blizzard did this to themselves.

Reader
Loyal Patron
Patreon Donor
Armsbend

If the rumors of kids living on top of one another to afford Irvine and barely scraping by then they will do better wherever they land. In the US at least it is a great time to look for work.

Getting fired from Blizzard is like winning the life lottery. It won’t feel like that but it is. I’d suggest finding a start up not associated with gaming.

Reader
PanagiotisLial1

Not sure about that. See if someone has a bad job, or at least not too good and can find fairly fast or right away a new one, he/she resigns and moves on. Since they dont resign means the other option is extended time in unemployment

Reader
Loyal Patron
Patreon Donor
Armsbend

It always depends on other factors but Blizzard does hire skilled people – I am making the assumption those skills would be snapped up somewhere else. Someone else they can make more and be treated with a modicum of the respect they deserve – and dont get at Activiion – according to recent reports.

Reader
PanagiotisLial1

It does depend on market demand for their skills though. I mean take it if you were in their place, your boss treated you bad, wouldnt you resign and look for something else, if it was easy/fairly easy finding a job?

PlasmaJohn
Reader
Patreon Donor
Loyal Patron
PlasmaJohn

I’m a non-games software developer and I got laid off last year after over a decade of service.

Best thing ever. My employer had been struggling for a few years and I had been meaning to look for a new job. I had a few reasons for sticking around but in retrospect I should have left a long time ago. I now have a much better position with some actual grow potential.

Reader
Loyal Patron
Patreon Donor
Armsbend

Awesome man! I wish you much success in the future!

Reader
sophiskiai

I’m not concerned for the parts of the game industry that I personally care about, because the past 12 months have seen lots of fantastic games developed / released / continued, from indie titles to AAA blockbusters like “God of War”.

The stock hits being taken by the likes of EA I’m actually glad about. They’ve been taken over by people who care more about squeezing as much money out of players as possible than creating a good product and keeping their customers happy, and they are promising their investors perpetual growth in an already saturated market then calling sales of millions of units “disappointing” becuase it’s not quite as many millions as would be needed to match the growth they recklessly promised. They need to be brought down to earth, so that maybe they’ll start caring more about quality than exploitation and stop promising what they can’t deliver.