72
Opinion: Phil Spencer, long cast as Xbox’s saviour, may be remembered as the man who killed it
(www.videogameschronicle.com)
this post was submitted on 01 Apr 2024
72 points (100.0% liked)
Gaming
30540 readers
113 users here now
From video gaming to card games and stuff in between, if it's gaming you can probably discuss it here!
Please Note: Gaming memes are permitted to be posted on Meme Mondays, but will otherwise be removed in an effort to allow other discussions to take place.
See also Gaming's sister community Tabletop Gaming.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
There's a common thread between a lot of the missteps listed here and Embeacer group's recent troubles. The idea that you could fund 230 Spiderman 2's for the same price as buying 1 Activision-Blizzard-King really drove the point home to me.
The problem (in my obviously uneducated opinion) is that when you spend so much money in acquisition, especially of established companies, you're neither funding nor rewarding innovation. You spend $70B on ABK and some randos in suits get a huge payout that they invest in oil or crypto or whatever. Spend $70B on talent and early career devs and you could unleash a tidal wave of creativity and experimentation.
True. These mega-deals are rarely about games, it's more in the realm of finance. In fact it doesn't really matter if it's games, films, cars, saucepans, it's all about the financial side. And as a consequence in order to make good on that investment these companies end up producing the blandest, widest-appealing pap, the complete opposite of innovation. However, the breathless way these stories are reported by a media, both specialist and mainstream, which is more concerned with business "success", means we're told it's a very good thing, when it clearly isn't.