Gizmo_Duck
blathering blatherskite!
Gross profit was closer to $10 billion.
do we really need to go down this road? Lol
you know I’m gonna post a bigger number from ps
Gross profit was closer to $10 billion.
How long did it take for the streaming industry to get flooded with other streaming services like Netflix? Peacock, Paramount+, AppleTV+, Disney+?are you going to answer my question as if it’s so successful like so many smart people think it is, why isn’t the industry flooded with gamepass clones? Or just ignore it like you do whenever you get called out?
It’s a simple question. If so many smart and successful people think gamepass subscription is the future why isn’t the industry flooded with them? Why are over 95% of the publishers in the industry still selling their games for 70 dollars like they have been doing for the last 40yrs?
And how much of those numbers will be stuff like DLC? DLC and online sales of add-ons are 34% of their gaming revenue. How much DLC can Netflix sell for movies and TV shows? Netflix is a pure subscription play. Netflix hasn't been in that space for 25 years either. The business model they're currently running didn't even exist until 2007 because that's when they started streaming.do we really need to go down this road? Lol
you know I’m gonna post a bigger number from ps
And how much of those numbers will be stuff like DLC? DLC and online sales of add-ons are 34% of their gaming revenue. How much DLC can Netflix sell for movies and TV shows? Netflix is a pure subscription play. Netflix hasn't been in that space for 25 years either. The business model they're currently running didn't even exist until 2007 because that's when they started streaming.
If you really want to go numbers Netflix as a company is worth more than not only Sony's gaming division but Sony as a company period. The market cap for Netflix is $266 billion. Sony's market cap is $151 billion.
As a company Netflix is becoming more and more self-sufficient. Much of what Sony does in their space is dependent on partner companies like Ubisoft, Activision, EA, Take Two ect. In Netflix space those other companies all pulled much of their content and decided to become direct competitors. Netflix said ok we'll make our own stuff.
I'm talking about Sony only taking the content they themselves produce and using that to compete directly with what one of their competitors is doing. Digital software is 21% of their total revenue. Add physical in there and it's 26% and that's not only the software Sony produces but it accounts for what 3rd parties have to pay them in licensing fees. Are you honestly suggesting that them taking at the extreme 26%, and we know it's actually smaller than that, of their business and trying to leverage that into a future business model evolution in some way is going to kill their entire business?
Sony's greatest asset is brand goodwill not it's first party library. The first party titles may contribute to brand goodwill but they aren't the entirety of that. Placing those titles on a streaming service isn't devaluing them it's leveraging them in a different capacity. You use them to generate recurring revenue from subscribers and more people end up playing them because you've reduced the overhead to play them. They become what makes your service sticky and grows the subs.There’s no reason for sony to directly compete with anyone else by devaluing its own first party library, which is its greatest asset.
Sony's greatest asset is brand goodwill not it's first party library. The first party titles may contribute to brand goodwill but they aren't the entirety of that. Placing those titles on a streaming service isn't devaluing them it's leveraging them in a different capacity. You use them to generate recurring revenue from subscribers and more people end up playing them because you've reduced the overhead to play them. They become what makes your service sticky and grows the subs.
I can show you the landscape of media content and the business model they're all converging to.Show me any kind of definitive proof that sony putting their 100m dollar 1st party titles day one on a subscription service would generate more revenue and profit then their current business model
Or point me to any streaming model generating more income
You don’t think there are a bunch of high paid eggheads crunching those numbers ever since microsoft announced gamepass?
I can show you the landscape of media content and the business model they're all converging to.
Your attitude seems to be they should continue with the same exact business model they have now until it's no longer tenable. My attitude is they should consider how to get to the gaming as a service business model right now because they won't be able to pivot on a dime and if they wait too long the transition will be painful.
This is really the first year Xbox Game Studios has shown any sort of muscle. They have produced several critically acclaimed games this year and have a few GOTY candidates. The about 20 million subs they've generated so far have been mostly off legacy titles, table scraps, and indie titles. We're headed into years where much high profile titles will be releasing now.
At some point your argument of they don't have any games will fall apart. At some point the value of their Game Pass service in compression to buying multiple $70 games annually becomes undeniable. Your hope seems to be that Game Pass can't work and will never be profitable. That's a possibility but it isn't the only one. If that isn't true then what?
My complaint is this can't be a subscription service based off legacy content and the privilege to playing online games. There needs to be new content on the service. Maybe they have teams with smaller scopes and budgets and direct that content to the service. Maybe they offer discounts on their new releases for subscribers on the highest tier. However they choose to handle it there's going to need to be a steady flow of new content to that service.Gamepass has been out since 2017….no one is jumping out the window to replicate a service that is not generating profit lead by a multi trillion dollar company lol
Sony is playing it smart by slowly scaling up and investing into their cloud services. Like i said on page 1, PSNow came out in 2014, sony was the leader in predicting where the tides were turning they’ve just been more successful selling direct to consumer for the last 7 years. If the tide changes in the next 8 years they have the infrastructure.
If your one complaint is sony not dropping their games day one on their service, guess what? Thats a very easy fix at this point. If gamepass is only valuable to you because of 1st party microsoft games then I really can’t undstand where the enthusiasm for it comes from considering microsoft is just now releasing their two first party titles since launch on it.
My complaint is this can't be a subscription service based off legacy content and the privilege to playing online games. There needs to be new content on the service. Maybe they have teams with smaller scopes and budgets and direct that content to the service. Maybe they offer discounts on their new releases for subscribers on the highest tier. However they choose to handle it there's going to need to be a steady flow of new content to that service.
The business model now says they can put out 3 or so major titles a year and let third parties do the heavy lifting. On a subscription service if they do that I will simply jump in when a title I want comes out and cancel until the next title hits. If it's only legacy content I don't see a reason to bother. If it's 6 months later you can play our new titles either I'll hop in and out if a title I want appears or just skip it altogether and continue as I do now.
Microsoft's hook to their sub service is day and date titles and the full back catalogue. it's just like Disney's hook for Disney+ is putting out titles weekly or Netflix's hook is putting out drops of bingeable content. If there's no hook to keep subscribers paying they won't maintain the sub.
The big difference is Microsoft is putting all their chips into service now and becoming hardware agnostic. They’re taking the gamble with it because they have the golden parachute backing them, and frankly they have nothing to lose after last gen. Sony doesn’t have to take the loss on the chin right now, they are doing fine, same as nintendo. They don’t have to make ps now + ps plus into some big titan of a service meant to rival gamepass, they just gotta get more people to spend more money on ps plus, which they will.
You’d be surprised at how many people still don’t even know how many games are actually on PS Now and that over 400 of them can be downloaded. Once sony starts marketing Spartacus with the ps now offerings and legacy titles they’ll get the subscribers they need on top of still selling their big games direct to consumer. It’s not an all or nothing bet for sony right now and it wont be for a while and they know that
If Sony kept the outlook you have and doesn't or didn't improve psnow they would literally tank by the end of this generation and next.
Everything y'all said Sony doesn't need to do they have slowly moved towards while still charging you "exclusive" prices.
Psnow is trash, well no it's not trash anymore but it's not good especially when I can get gamepass and get the majority of the good games on psnow that aren't old ps game improved and able to stream or download them over multiple devices. Most of the exclusives you can play on PSNow you probably have already bought since they aren't day and date... So psnow is really just meh as a service unless you don't really buy games at all and want to play random ps games months or years later.