Howdy, Stranger!
It looks like you're new here. If you want to get involved, click one of these buttons!
Quick Links
Hitting 'Em Where It Hurts, EA's Stocks Lose Over $3.1 Billion in a Month - SW Battlefront 2 News
SBFord
Former Associate EditorMember LegendaryPosts: 33,129
Hitting 'Em Where It Hurts, EA's Stocks Lose Over $3.1 Billion in a Month - SW Battlefront 2 News
EA's stocks have taken a huge hit over the course of the last month, losing 8.5% with investors seeing $3.1 billion in stock value erased. This is in contrast to the overall S&P rising 2% and Take-Two going up 5% and Activision-Blizzard stocks rising .7%. Wall Street analysts are attributing the fall to Star Wars Battlefront II and the controversy over loot boxes and progression. Sales of the game over the Black Friday / Cyber Monday weekend were weak causing analysts to take note.
Comments
Also HAHAHAHAHAHA. Suck it EA!
Is a man not entitled to the herp of his derp?
Remember, I live in a world where juggalos and yugioh players are real things.
EA CFO Blake Jorgensen:
"Some people have more time than money, and some people have more money than time," he said. "You want to always balance those two."
To that end, the company is still committed to implementing microtransactions in some way, but is figuring out the right way to do that. "We're learning and listening to the community in terms of how best to roll that out in the future, and there's more to come as we learn more."
This war has not been won, EA is determined to keep the MT money rolling in. Also I see no recognition that there is anything wrong with gambling MT's.
http://www.gameinformer.com/b/news/archive/2017/11/28/ea-doesnt-think-players-want-darth-vader-in-pink.aspx
I'm not an IT Specialist, Game Developer, or Clairvoyant in real life, but like others on here, I play one on the internet.
Justice, maybe, i just call it natural consequences, because players will always vote with their wallets.
Of course they will keep MTs, the industry is raking in big bucks from GaaS (Gaming as a Service), I think SuperData pointed out EA makes a fortune in FIFA from them.
They just pushed the envelope too far in BF2, first trying to include items of power gamers almost had to buy to remain competitive (or so it was perceived, if not actual fact) then they got caught up in the recent RNG lootbox kerfluffel which is impacting multiple games and publishers.
They'll adjust and return with a model more palatable to the customer base and likely with the release of the new movie BF2 can "relaunch" with the more benign cash shop and still be reasonably successful.
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
EA, and all of the others, will back off of MTs being needed to advance. We will see a renaissance of old school systems, and this will last... about 6-10 weeks. By that time the players will quiet down about the loot boxes and MT, and the lawsuits will be quagmired in court. Then they will SLOOOOOOOWLY bring them back.
Why back off? Because the losses from fewer MTs will be far less than if they do nothing and loot boxes and MTs become regulated by the government, very likely including another layer of taxes.
The world is going to the dogs, which is just how I planned it!
lol
Get us to pay for the game, make progression slow so we buy loot crates and they get another infusion of cash. They won't be happy until we've paid the box price 3 or 4 times over, greedy bastards.
The more we let them get away with this the more they will design games that require us to buy these crates to progress. They only way to win this is not to play, refuse to buy any game with this design.
The mistake you're making is seeing Take-Two's statement about recurrent consumer spending as entirely comparable to EAs implementation of loot boxes. There's a vast difference between EAs approach to the loot box model, versus Take-Two's approach to currency/items (ala GTA V). I doubt the loot box model was included in Take-Two's plans, at least not in any form that resembles EAs efforts, given not just the controversy surrounding SWBF2, but most other games that have loot boxes that alter or enhance game performance in some way.
In short, Take-Two's approach ( up until this point ) hasn't been predatory, where EAs has.
He's the one that was spouting off how protests don't matter and how much money EA was going to make while the forum warriors whined.
Guess who's whining now?
All time classic MY NEW FAVORITE POST! (Keep laying those bricks)
"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator
Proudly wearing the Harbinger badge since Dec 23, 2017.
Coined the phrase "Role-Playing a Development Team" January 2018
"Oddly Slap is the main reason I stay in these forums." - Mystichaze April 9th 2018
“Microtransactions? In a single player role-playing game? Are you nuts?”
― CD PROJEKT RED
“Microtransactions? In a single player role-playing game? Are you nuts?”
― CD PROJEKT RED
Screw that game. MTs for a tiny First-Person Shooter? Seriously?!