Pretty much this. And King. Which is over the Candy Crush type games.
Or maybe you just can’t type. calling wow a company and then calling other products a company too. And I see you just changed it.
I see.
So Financial Success does not mean good.
But stock market prices…do?
Am I on the same page?
…and Blizzard’s, like HOTS, OW, and Hearthstone.
You do know that you need equity to finance your company right ? Or do you rly have 0 education ?
Nothing? Really?
Stock market prices don’t mean good either, they mean hope for the future. There is no confidence in this company right now.
You do realize that investors buying/selling stocks has a little to no effect on the money Blizzard has on hand?
That the stock market drop for Blizzard (and all the other companies) is effecting their money stores next to zero?
The value of a company is its market capitalization, which is the stock price multiplied by the number of shares outstanding.
It’s going to look off-topic; but when you start talking CCI and volatility you’re going to really lose a lot of people.
At this point I will stop replying to Akston here. The dude has 0 education in accounting and finance.
In terms of pressure from investors? Yes. That is how the market works now, unfortunately, the moment you go public. Being financially successful is not enough, you have to make enough and in the right way, where investors will want to invest. The game industry is a more boom/bust investing space, so the perfect world for companies to entice investors is candy crush/FTP type systems where the income is more consistent and less prone to boom/busts(game window launches then a lull are a negative in the public market).
EA is a perfect example of what I am talking about. Acti used is a bit better a finding the balance, but even they are getting much worse at it(not as bad as ea but still) and blizzard(old blizzard, this new blizzard I dunno if you can even call it the same company) was never built for conforming to a public market.
Fortnite is the new bar and these publicly traded companies will now be judged based on that bar… Not good for gamers, really.
Fortnite is the new bar?
Fortnite is not publicly traded, and the biggest investor in fortnite (tencent…which also is the majority owner of GGG which makes path of exile) is also dropping majorly in the stocks.
Guys just stop replying to Akston, he’s trolling.
He’s intensely stupid. I know your sanity want to believe otherwise, but these are the general forums.
Fortnite isnt publicly traded, but fortnite is the money making bar that publicly traded companies want. Low production costs compared to high return.
As for your second point… Yes the AAA is in a bad spot, a very bad spot, I already said this isnt simply a blizzard problem. The game industry as a whole(at least the publicly traded companies) imo are looking at a sizable downturn.
Thanks for the personal attacks.
Anyways, now that we reached the level of personally attacking people, I will bow out and let yall have your echo chamber.
For a money making bar, Fortnite (Epic Gaming) isn’t do well in the stock market though.
Which isn’t that all that matters?
Obviously the general populace has no confidence in Fortnite.
What is this broken English ?
See ya later Ion