This Week in the Business: 'PSN is an Almost Complete Failure'S

What's happened in the business of video games this past week...

QUOTE | "PSN is an almost complete failure." - Indie developer Guillaume Boucher-Vidal, Studio Manager at Nine Dots Studio, reacts to PSN having "low standards" and he calls out Team Meat as "loud crybabies."

QUOTE | "Consoles will continue to be gold standard." - GameStop President Tony Bartel notes the growing importance of digital, but believes consoles will be very relevant for quite some time.

STAT | 3% – That's how much revenue the bottom 80% of iOS game developers have to share, while the top one percent controls over a third of the sales, showing how tough it can be on the App Store.

QUOTE | "The market is ready for SWTOR." - BioWare talks about filling a void in the MMO market with Star Wars: The Old Republic, which is "seeing huge demand" from players.

QUOTE | "Many think 3D is unnecessary." - Most gamers don't seem too interested in 3D, whether on 3DS or consoles, according to a new survey commissioned by Playr2.com.

STAT | 50% – The substantial portion of the social gaming audience that also happens to own at least one gaming console, showing that there's more overlap between social and consoles that you might think.

QUOTE | "Wii U definitely a possibility." - Bethesda's Pete Hines comments on his studio possibly supporting Nintendo's new console with Elder Scrolls or other games in the future.

STAT | 95% – The steep decline in Zynga's year-over-year profits, as analysts begin to doubt whether the social giant can really justify its estimated $14 billion valuation based on current performance.

QUOTE | "Provide some real benefits." - Ubisoft North America boss Laurent Detoc talks about the guitar game Rocksmith and how he'd like to see more games that offer educational value beyond entertainment.

QUOTE | "You have to have an ongoing content strategy." - Activision VP Jamie Berger notes that games today are becoming services and social networks are becoming a "necessity" even for core games.

This Week In the Business courtesy of IndustryGamers.com

(Top photo: Shutterstock)