This Week in the Business: 'Relic of the 20th Century'

Illustration for article titled This Week in the Business: Relic of the 20th Century

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

QUOTE | "Superior." - Xbox CFO Dennis Durkin contends that Microsoft's first-party games this console cycle have been better in quality and sales than the first-party efforts of Nintendo and Sony.

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STAT | 40% - The percentage of the games industry that consoles now comprise, according to EA CEO John Riccitiello, who said it used to be 80% back in 2000.

QUOTE | "Abandoned innovation." Activision Blizzard CEO Bobby Kotick actually admits that his company failed to really innovate as the Guitar Hero franchise dragged on.

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QUOTE | "Great investment." - Seemingly open to the idea of acquisition, Take-Two COO Karl Slatoff talks about the publisher's games portfolio making them an attractive investment for another company.

QUOTE | "Slick platform." - Insomniac Games boss Ted Price weighs in on Sony's new PlayStation Vita, noting that its graphical horsepower and affordable price point make it a "great proposition for gamers."

STAT | 1 billion – The number of new fans that Angry Birds maker Rovio aims to attract as the company takes an aggressive approach towards the Chinese market.

QUOTE | "Sweet spot." - Wedbush analyst Michael Pachter believes $249 would be the perfect price for Nintendo's Wii U, which will most likely be competing against cheaper Xbox 360s and PS3s when it launches.

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STAT | 13.7 million units – The number of Xbox 360s Microsoft shipped during its just ended fiscal year, as the Xbox division saw revenue grow 45%.

QUOTE | "Still a pain in the ass." - Even five years after launch, some developers are coming to grips with the PS3's development architecture, as evidenced by this quote from Darksiders II director Marvin Donald.

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QUOTE | "People will stop going." - EA Sports VP Andrew Wilson believes that the end of retail isn't that far off and people will no longer want to visit a GAME or GameStop location to purchase titles.

QUOTE | "Relic of the 20th century." - Former Sony Worldwide Studios boss Phil Harrison believes the idea of "crunch" on a game project will go away as games evolve from boxed products into services.

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(Top photo: Shutterstock)

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DISCUSSION

"Xbox CFO Dennis Durkin contends that Microsoft's first-party games this console cycle have been better in quality and sales than the first-party efforts of Nintendo and Sony."

I own all three consoles, and I've enjoyed all three immensely so far. That being said, I personally think this statement is... well... fuckin insane. When it comes to first party titles, no, sorry, Microsoft is really, really lagging behind both Sony and Nintendo, in my humble opinion. Saleswise, I don't know, but quality wise, they still have a long, long way to go.

Although Xbox Live Arcade has some seriously amazing downloadable digital games.