This Week In The Business: Nintendo Enjoys The Fruits Of Its Labo

Illustration for article titled This Week In The Business: Nintendo Enjoys The Fruits Of Its Laboem/em

STAT | 4.2% - The one-day jump in Nintendo’s share price after the announcement of Nintendo Labo, a line of cardboard construction kits that work with the Switch.

Advertisement

STAT | 750,000 - Number of 3DS systems sold in the US in December. The aging handheld apparently has some life left in it yet, as December was its best US sales month in three full years.

QUOTE | “Combined sales of PlayStation 4 and Xbox One continue on a record-setting pace. Over the first 50 months in market for each console, the combined hardware installed base of the PlayStation 4 and Xbox One now exceeds that of the PlayStation 3 and Xbox 360 by 18 percent, and that of the PlayStation 2 and Xbox by 4 percent.” - The NPD Group’s Mat Piscatella says the console business is doing well even apart from the Nintendo Switch

Advertisement

STAT | $230 billion to $235 billion - Digi-Capital’s forecast for the worldwide combined revenue of gaming hardware and software by 2022. The console market is expected to make up just one-sixth of that, or $38 billion to $39 billion.

QUOTE | “You want to talk homophobia? We work with Ellen Page who is fighting for LGBT rights. You want to talk racism? We are working with Jesse Williams on civil rights in the USA. Judge my work.” - Quantic Dream’s David Cage defends himself against former employees who allege he has overseen a toxic studio culture rife with homophobia, racism, sexism and overwhelming workloads.

QUOTE | “Banter, jokes and laughs are part of our culture - but if it steps outside those behaviours, conflicts with our values or causes offense, we call it out and line managers take on the responsibility as role models.” - Jagex VP of HR and operations Dave Lomax joins a number of developers and executives offering advice on how to foster a healthy studio culture.

QUOTE | “We knew we wanted our pant-wearing dino character Pantosaurus to be front and centre in the game, as he’s proven to be really popular with children and parents, and such a great character to help share our messages.” - Backy Sibson, brand marketing planner for the National Society for the Prevention of Cruelty to Children talks about a new game made with Wallace & Gromit studio Aardman to keep kids safe from sexual abuse.

Advertisement

QUOTE | “We’re making changes to address the issues that affected our community in 2017 so we can prevent bad actors from harming the inspiring and original creators around the world who make their living on YouTube.” - YouTube executives explain why they’re demonetizing all content creators with fewer than 1,000 subscribers or 4,000 hours of watchtime in the past year.

QUOTE | “The kinds of games Cold Iron develops will enable us to deeply explore the worlds of our franchises, starting with the Alien universe.” - FoxNext Games’ Aaron Loeb explains why the gaming arm of 20th Century Fox acquired the studio founded by ex-Cryptic devs with MMO expertise. He did not explain why Cold Iron’s first game based on Alien will be a shooter.

Advertisement

QUOTE | “You might see some consolidation in esports over the next three or five years. Because right now everyone is jumping in - left, right, centre, they’re coming from all directions. There is only so big a pool, right?” - Gfinity chief strategy officer Bryan Healy believes there will be a thinning out in the ranks of esports companies in the near future.

QUOTE | “You can’t make it scale. Everyone who has ever tried this - myself included - has discovered it’s not really the technical problems of latency, bandwidth or all the other things people talk about - it’s the operating cost.” - Bruce Grove, formerly of OnLive, explains why on-demand streaming game services have yet to take off.

Share This Story

Get our newsletter

DISCUSSION

jeffseely
Jeff Seely

QUOTE | “You want to talk homophobia? We work with Ellen Page who is fighting for LGBT rights. You want to talk racism? We are working with Jesse Williams on civil rights in the USA. Judge my work.” - Quantic Dream’s David Cage defends himself against former employees who allege he has overseen a toxic studio culture rife with homophobia, racism, sexism and overwhelming workloads.

This might mean that he’s not what he’s accused of being, or it might just mean that he’s skilled at making his studio look good by working with the right people. It’s hard to say.

QUOTE | “We’re making changes to address the issues that affected our community in 2017 so we can prevent bad actors from harming the inspiring and original creators around the world who make their living on YouTube.” - YouTube executives explain why they’re demonetizing all content creators with fewer than 1,000 subscribers or 4,000 hours of watchtime in the past year.

I know that a lot of people are upset about this, but I understand why they’ve done it. They want to keep Joe KKK or whoever from monetizing the white supremacy videos on their tiny upstart channel with 20 subscribers. It’s bad news for the little guy who just wants to get a foot in the door with some PG-rated vlogs or innocuous let’s play videos, but I think it has to be this way for the platform to survive over the long term. Advertisers have to be comfortable with putting their ads on YouTube, and I think this is a big step toward ensuring that.

QUOTE | “Combined sales of PlayStation 4 and Xbox One continue on a record-setting pace. Over the first 50 months in market for each console, the combined hardware installed base of the PlayStation 4 and Xbox One now exceeds that of the PlayStation 3 and Xbox 360 by 18 percent, and that of the PlayStation 2 and Xbox by 4 percent.” - The NPD Group’s Mat Piscatella says the console business is doing well even apart from the Nintendo Switch

I can believe it. I think this has been a pretty fantastic console generation. Even Microsoft has turned things around in a major way after the Xbox One’s rough start in 2013 and 2014. The Xbox One has become one of my favorite consoles of all time; and even though I don’t have one, I think the Xbox One X is a great option for people with a 4K TV who don’t want to drop $1,500+ on a 4K-capable gaming PC.