Everyone is losing money except Steam, Sony, and Nintendo. Microsoft is probably only keeping their gaming business alive using Xbox-Gamepass. All the others, they could be a thing of the past at some point. The only reason they are still alive is because it may bring up the issue of monopoly and so, the ones in charge, try to "raise" those others a little bit... but not sure, if we keep continuing "war-driven" as a humanity we could safely just wipe out everyone that is so small to wipe something else out... or the floor with... as it seems to be the will of the mass.
Maybe just wipe them all out, the competition. However, i worry, someday the customer may notice, they are doomed in a way as "they have no saying anymore" as they are totally "held" by a single entity which will rule everything and everyone... and you will not be able to run to your daddy or mommy (either one) as one of them is already gone... kinda like the situation we now experience in relationships at a disturbing rate.
CDPR (GoG is part of it)
PLN -20.40 (-16.05%) (1 year)
Nintendo
JPY +151.00 (2.49%) (1 year)
Sony
JPY +2’132.00 (21.35%) (1 year)
(Not a investor, this is my brothers thing... he only loves coins, nothing else)
So, whats most social to "invest" in? Clearly GoG...
Soon Sony may release a "cheaper crap PS5 Slim, trying to reduce costs, at the same price (wow!)"... you may run and get a old one as soon as possible. The Slim will even require a online connection for the drive to work (guess it will need a WIFI for reading it, its hilarious)... i hope people are able to run fast enough... (away from it). Guess US will be the first one with the "wonderful" delivery... as of the old rule "US first". To bad it can go "both ways"... good and bad.
Totally hilarious.. oh dear: https:/.../www.youtube.com/watch?v=QZ3Lw0ah6SA
Regarding Valve (Steam is part of):
Valve is a privately owned company (so, no stocks). Gabe Newell, Valve's beloved founder and leader, owns over 50% of the company himself. Current wealth: 4.3 billion
And i heard, some employees can barely afford a warm meal. (thats funny...).
Besides, with Epic Games almost same situation... pretty identical. But i tell you, without the fees from the Unreal Engine, they would be gone already...
Although there are some "exclusive shareholders" but its not open to the public... instead just a "chosen few" (funnily enough, Sony is part of it... do not underestimate Sony). Epic-Value about 20 billion i guess, Valve about 10-15 billion, CDPR about 10 billion. But the issue of CDPR is that they are highly vulnerable to the huge amount of shareholders and making "losses" can be dealing a fatal blow... as this is how they got the initial wealth, mainly and those investors are not bound to it a lot. While the other 2 PC platforms was build by extremely wealthy individuals... obviously investing into "this company", almost single handed. Sure, those individuals want it to succeed but they can afford taking more risks as the "owners" may not instantly run away.
Regarding GoG: There is currently not much gain and as well not much losses, as this "side company" is simply being keept alive with very "minimal resources" (yes we notice it, the tech lack is high), while the major "cash flow" is generated with the games we all know pretty well (Cyberpunk, Witcher...). Somewhat comparable with Epic and Unreal Engine, except that Epic is almost entirely "privately owned", with just a bunch of shareholders. Valve/Steam is the only one able to sustain itself from game-sells only... without console (Sony, Nintendo...).
Post edited October 29, 2023 by Xeshra