Illustration for article titled This Week In The Business: Do You Believe Nintendo?em/em

QUOTE | “We will produce significantly more units of Super NES Classic Edition than we did of NES Classic Edition.” - Nintendo does its best to reassure pre-preemptively angry fans that its latest retro console offering will be easier to find than its last one.


STAT | 30% - The decline in share price for UK retailer GAME after it announced that this year’s profits would be “substantially below previous expectations.” The chain attributed the shortfall primarily to Nintendo Switch shortages.

QUOTE | “A new type of portable hardware device that might be considered a hybrid between a powerful smartphone and a gaming console.” - Description of the upcoming first product from Wonder, a startup that raised $14 million in funding from a diverse assortment of investors including Atari founder Nolan Bushnell, former Sega CEO Hayao Nakayama, pro footballer Neymar, Jr., and pop star Shakira.

QUOTE | “Anytime you have a competitive game mode in any type of game, there’s going to be a winner and a loser. And I’m not saying it’s right or wrong that larger tribes should attack and rape and pillage the village, but there are losers in that.” - Studio Wildcard CEO Doug Kennedy explains that the Ark: Survival Evolved developer lets the community figure out how it wants to play the game.

STAT | 330,000 - The number of times a purchase of the survival game Rust has been refunded on Steam, representing a total of $4.4 million. The game has sold more than 5.2 million copies in total, making for a return rate of about 6.3%.


QUOTE | “It’s bombed. It’s bombed in a big way. I didn’t think that was possible.” - Introversion creative director Chris Delay expresses surprise at Scanner Sombre selling just 6,000 copies in two months despite being Introversion’s first game after the massive hit Prison Architect.

STAT | Around 70 - The number of jobs lost by the closure of augmented reality startup CastAR. The number also includes those at the company’s shuttered development studio Eat Sleep Play.


STAT | $2,000 - The amount of money Oculus co-founder Palmer Luckey donated to the creator of ReVive, a hack that allows HTC Vive owners to play Oculus-exclusive VR titles.

QUOTE | “I’m sure some people could go like this for 30 years and work it. But I can’t, and I think a lot of other people can’t either.” - Arkane Studios founder Raphael Colantonio explains why he stepped down from the Dishonored development studio this week after 18 years.


QUOTE | “We’re creating a sustainable ecosystem. We’re not creating something that we just want to capitalize on for the next couple of years. This will be a core part of the future of the eSports business.” - Activision Blizzard’s Mike Sepso insists the Overwatch League is definitely on schedule, despite recent reports of problems in the game’s eSports scene.

QUOTE | “When we were first approached by Remedy, I don’t think we ever really thought there would be a fit. After all, it’s Remedy, the studio behind some of the biggest AAA releases of the last 15 years.” - 505 Games’ Tim Woodley understands people haven’t viewed the company as a top-tier publisher, despite its involvement with hits like Terraria, Rocket League, Payday, and Stardew Valley.

Share This Story

Get our newsletter