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Xbox Direct is 'the day gamers have been waiting for,' Microsoft promises

| May 3, 2023 11:45 AM CDT

On the heels of Redfall's controversial release, Microsoft reminds us that the Xbox Direct is the big one we've been waiting for.

Xbox Direct is 'the day gamers have been waiting for,' Microsoft promises

Just a bit ago, Microsoft released its debut $70 first-party game with Redfall. Things didn't go well and the game is being grilled by reviewers and players. Redfall's launch woes have reinforced the age-old belief that Xbox is on the brink of ruin due to its lack of hit games (one look at Xbox's financials tells a different story).

In an effort to seemingly curb these talks and reaffirm fans, Microsoft reminds everyone that the Xbox Games Showcase in June is "the day gamers have been waiting for," strongly indicating the June 11 stream could be the big blowout show that redeems the brand's image. Microsoft today confirmed that the Xbox Games Showcase will kick off on June 11 at 1PM EST on YouTube, Twitch, and Facebook.

Continue reading: Xbox Direct is 'the day gamers have been waiting for,' Microsoft promises (full post)

People are emulating the new Zelda game on PC a week before its official release

| May 2, 2023 10:58 PM CDT

The Legend of Zelda: Tears of the Kingdom is one of the biggest game releases for 2023, with the Nintendo Switch exclusive set to launch globally on May 12. As a direct sequel to The Legend of Zelda: Breath of the Wild, the hype is huge for this one - and that excitement has filtered into the emulation and hacking space.

People are emulating the new Zelda game on PC a week before its official release

It's no secret that Breath of the Wild was hacked and quickly became playable on PC after its 2017 debut, where in a few short years, we've seen several videos of the game running in 4K and even 8K with custom ray-tracing mods. With physical copies of the game being sold in some markets, the question of whether or not The Legend of Zelda: Tears of the Kingdom will be hacked or emulated when it launches has been answered. With a resounding, 'Oh, it'll be online before then.'

Although the popular Nintendo Switch emulator Ryujinx has been shown running the game on PC with a frame rate of somewhere between 20 to 30 fps, the platform maintains a strict anti-piracy stance (alongside fellow Switch emulator Yuzu), so any sort of official support or performance tweaks won't arrive until after the game debuts.

Continue reading: People are emulating the new Zelda game on PC a week before its official release (full post)

PlayStation 5 to overtake PS4 in launch aligned sales by March 2024

| May 2, 2023 5:39 PM CDT

The PlayStation 5 is still behind the PlayStation 4 in launch-aligned sales, but that will change by March 2024.

PlayStation 5 to overtake PS4 in launch aligned sales by March 2024

Sony's PlayStation 5 is on a hot streak. The console helped Sony generate record-breaking hardware revenues of $8.3 billion and the system also significantly contributed to a new all-time high of $27 billion for PlayStation revenues. Sony isn't done yet, and plans to ship 25 million consoles throughout Fiscal Year 2023 (April 2023 - March 2024), representing the largest production and shipment cycle in PlayStation history.

If Sony is able to achieve this goal, then the PlayStation 5 will overtake the PlayStation 4 for the first time ever. Sony had shipped a strong 19 million PS5s throughout last fiscal year, driving total PS5 unit shipments to 38.4 million. The current figures are still shy of the PS4's shipments across an aligned 10-quarter period (PS4 had 40.2 million vs the PS5's 48.4 million).

Continue reading: PlayStation 5 to overtake PS4 in launch aligned sales by March 2024 (full post)

New refer a friend program offers free 14-day PC Game Pass trials

| May 2, 2023 4:29 PM CDT

Microsoft may have cancelled the popular $1 Game Pass trial promo, but a new deal has taken its place.

New refer a friend program offers free 14-day PC Game Pass trials

Microsoft today announced a new Game Pass refer a friend program that allows current Xbox Game Pass Ultimate and Game Pass PC subscribers to share a 14-day free trial with up to 5 friends.

The trials are limited to PC Game Pass, so you won't be able to try the console version of Game Pass for free, and it's likely that Microsoft is trying to boost engagement, in-game spending, and games subscription adoption on Windows platforms. Microsoft management had recently announced that Game Pass and other subscriptions had generated nearly $1 billion from Jan - March 2023.

Continue reading: New refer a friend program offers free 14-day PC Game Pass trials (full post)

Xbox's first $70 game gets ridiculed by gamers

| May 2, 2023 3:34 PM CDT

Xbox's debut $70 first-party game is here...and the game's reception is going as badly as it possibly could.

Xbox's first $70 game gets ridiculed by gamers

Redfall, one of the three main first-party Xbox games planned for 2023 behind the highly-anticipated Starfield and a new Forza entry, was released yesterday. Sadly, the game really didn't have much of a chance because it launched right into a controversy spawned from its 30FPS performance at launch.

Reviews gave players an idea of what to expect from Arkane Austin's middling live shooter, with many publications criticizing many of its core aspects including RPG content, badly-optimized multiplayer, unncessary loot grinding, and outrageously bad enemy interactions. Some YouTube reviewers even went so far as to say Redfall was one of the worst games of 2023. "Redfall has so many bugs that for more than two hours, we thought that the one of the bugs was a feature," ACG said.

Continue reading: Xbox's first $70 game gets ridiculed by gamers (full post)

Nintendo ordered to testify before FTC in Microsoft-Activision Merger case

| May 2, 2023 2:27 PM CDT

Nintendo has been ordered by the FTC's chief administrative law judge to testify in the ongoing Microsoft-Activision merger lawsuit.

Nintendo ordered to testify before FTC in Microsoft-Activision Merger case

FTC Administrative Law Judge D. Michael Chappell has denied Nintendo of America's motion to quash a subpoena for testimony, and ruled that Nintendo executive Steve Singer must testify before the FTC's Complaint Counsel in the agency's lawsuit against the Microsoft-Activision merger.

Steve Singer serves as Nintendo of America's vice president of publisher and developer relations, and had directly negotiated the terms of the 10-year Call of Duty licensing deal with Microsoft and Activision on the behalf of Nintendo.

Continue reading: Nintendo ordered to testify before FTC in Microsoft-Activision Merger case (full post)

Report: PlayStation 5 Pro devkits being sent out this year

| May 2, 2023 1:28 PM CDT

PS5 Pro devkits are expected to be in the hands of first-party Sony Interactive Entertainment development studios like Naughty Dog, Insomniac Games, Sucker Punch, and others in a few months, sources have told Insider Gaming.

Report: PlayStation 5 Pro devkits being sent out this year

According to a new report from Insider Gaming's Tom Henderson, Sony is ramping up the production of PS5 Pro devkits to introduce developers to the new hardware. The final retail PlayStation 5 Pro is expected to launch in 2024, and Sony is arming its teams with the upgraded consoles in an effort to push their first-party games beyond the current capabilities of the PS5, however PS5 Pro specifications and performance targets for upgraded games remains unclear.

Sources have told Henderson that first-party developers will get the PS5 Pro devkits many months before third-party devs, the latter of whom are expected to receive the units by the end of 2023.

Continue reading: Report: PlayStation 5 Pro devkits being sent out this year (full post)

The first performance patch for Star Wars Jedi: Survivor on PC has dropped

| May 1, 2023 9:57 PM CDT

Star Wars Jedi: Survivor's PC launch has been rocky, with performance issues impacting the player experience. Yesterday we reported that EA and developer Respawn were aware of the problems. An apology of sorts was posted to social media, outlining that the team was working on updates.

The first performance patch for Star Wars Jedi: Survivor on PC has dropped

The good news is that the PC version has received a patch fixing several issues while also improving performance for playing the game with ray-tracing disabled. The update confirms that the general crashing and other bug fixes will make their way to the PlayStation 5 and Xbox Series X|S versions of the game tomorrow, with the team "hard at work on patches that will further improve performance and fix bugs across all platforms."

Having a patch like this arrive within a week of the game's release (and a substantial day one patch) does paint the picture of another major AAA PC release being sent out the door before it was ready. Many deep dives into the game on PC point to it being one of the worst ports of 2023 - which is not great.

Continue reading: The first performance patch for Star Wars Jedi: Survivor on PC has dropped (full post)

PlayStation live service games to deliver variety with emphasis on quality

| May 1, 2023 5:38 PM CDT

PlayStation Studios head Hermen Hulst reveals what gamers can expect from Sony's new ambitious live service games initiative.

PlayStation live service games to deliver variety with emphasis on quality

In a bid to capture more of the billion-dollar service games market driven by Fortnite, Apex Legends, and Genshin Impact, Sony plans to release 12 live games by 2025. This initiative will start accelerating this fiscal year with the release of 6 live titles across PS5 and possibly PC too, likely including the new Last of Us online game from Naughty Dog. Sony has made three major strategic studio acquisitions to help manifest its plan, including Bungie, who Sony purchased for over $3 billion, as well as Haven Studios and the most recent acquisition of Firewalk Studios.

So what kinds of live service titles will Sony deliver? PlayStation Studios boss Hermen Hults tells GamesIndustry.biz that the service games will include a wide spectrum of genres and overall scopes, indicating we shouldn't expect all of the games to be huge, ever-expanding experiences like Destiny. One thing is being emphasized above all else, though: Preserving the high quality bar that PlayStation's first-party games are known for.

Continue reading: PlayStation live service games to deliver variety with emphasis on quality (full post)

Sony reduces investment budget to allocate more cash for PlayStation gaming

| May 1, 2023 4:16 PM CDT

Sony has revised its capital allocation for strategic investments, acquisitions, and share buybacks and freed up more cash for its PlayStation games division and other segments.

Sony reduces investment budget to allocate more cash for PlayStation gaming

Sony just reported its best-ever year for PlayStation, with the games division generating a record-breaking $27 billion in FY22. This landmark success was driven by stellar PS5 console sales and strong growth in its PC-driven gaming segment. In a bid to keep this momentum going, Sony has decided to increase its capital expenditure in part for PlayStation gaming as it gears up for a record 25 million PS5 console production and shipment cycle, as well as major new first-party games across live services and dedicated console gaming.

In its recent FY22 earnings report, Sony confirmed that it has reduced its capital allocation for strategic investment from 2 trillion yen (about $14.6 billion) to a total of 1.8 trillion yen ($13.04 billion). Thanks to previous comments from Sony Corp. President Hiroki Totoki, we can calculate how much of this budget that Sony has left to spend on new company acquisitions, strategic investments, and share buybacks.

Continue reading: Sony reduces investment budget to allocate more cash for PlayStation gaming (full post)

PlayStation delivers record $26.9 billion revenue, operating profit drops 40%

| May 1, 2023 3:42 PM CDT

PlayStation delivers record-breaking earnings in Fiscal Year 2022, generating nearly $27 billion in total revenues for the period.

PlayStation delivers record $26.9 billion revenue, operating profit drops 40%

Sony has announced triumphant results for FY22 and has set new all-time highs for multiple segments. PlayStation generated eye-opening revenues of $26.9 billion throughout FY22, driven predominantly by PlayStation 5 console sales, which had shipped a strong 19 million units in FY22 and led to 38.4 million total cumulative PS5 sales by March 2023.

Sony made an astronomical $8.297 billion from hardware during the period and console sales revenues made up 31% of total earnings during the year, beating out every other segment including digital software sales as well as add-on content.

Continue reading: PlayStation delivers record $26.9 billion revenue, operating profit drops 40% (full post)

Google named as second main opponent of Microsoft-Activision merger

| May 1, 2023 12:38 PM CDT

Google has been named as the second major company that opposes the Microsoft-Activision merger.

Google named as second main opponent of Microsoft-Activision merger

Sony isn't the only one to push back against the proposed $68.7 billion merger between Activision and Microsoft. Multiple companies have told the CMA that the merger could "seriously harm competition." Google, a company that currently doesn't make games but manages to generate billions of dollars in royalties from F2P mobile games on the Play Store, has been identified as one of the principal antagonists of the video games industry's largest-ever deal.

Google was directly mentioned in page 337 of the CMA's final decision report, which reads: "Further, Microsoft submitted that the 'two key complainants' against the deal (SIE and Google) have many reasons to preserve the status quo or undermine the Merger in order to extract higher profits to the detriment of game developers and gamers."

Continue reading: Google named as second main opponent of Microsoft-Activision merger (full post)

Pulling out of UK would significantly harm Activision

| May 1, 2023 11:31 AM CDT

There are two options that do not make viable business sense in regards to Activision-Blizzard's operations: Making Call of Duty and a number of other games exclusive to Xbox platforms either on a post-merger or status quo basis, and pulling its games from the United Kingdom.

Pulling out of UK would significantly harm Activision

UK regulators at the Competition and Markets Authority (CMA) recently determined the Microsoft-Activision merger should be blocked and prohibited on the grounds of anti-competitive effects in the cloud and multi-game subscription business segments. Both Microsoft and Activision have vowed to fight the decision and appeal to the Competition Tribunal for a hopeful turnaround.

The decision has caused lots of friction between Activision and the UK. An Activision spokesperson went so far as to tell the BBC that the UK is "closed for business," and that the billion-dollar games publisher would "reassess our growth plans for the UK." There's been talks of Activision even pulling its operations out of the United Kingdom due to the decision, however this would be incredibly detrimental to its games business both on a current and post-merger basis.

Continue reading: Pulling out of UK would significantly harm Activision (full post)

Star Wars Jedi Survivor's PC launch under fire, EA 'working on fixes'

| Apr 30, 2023 11:02 PM CDT

It hasn't been a great year for AAA game launches on PC, with several high-profile releases plagued with performance issues, glitches, and a general feeling that they have been pushed out the door weeks or months before they were ready.

Star Wars Jedi Survivor's PC launch under fire, EA 'working on fixes'

We're still getting substantial performance patches and fixes for Sony's The Last of Us Part I, a title we thought would be a slam-dunk easy-win for PlayStation games coming to PC. There are more examples, including Hogwarts Legacy and Forspoken, but last week's debut of the highly anticipated Star Wars Jedi: Survivor hit home the idea that gaming on PC in 2023 hasn't been pretty.

Most reviews covered the game's console versions, with the Metacritic score for the PlayStation version of Star Wars Jedi: Survivor currently sitting at a respectable 86. However, even there, the significant issues revolve around inconsistent performance, with frame rates dipping regularly. On PC, though, it's a different story. The Metacritic score sits at a notably lower 78 (it's worth noting that these reviews also include "all platforms" coverage), with the Steam community reviews currently sitting at "Mixed" due to immersion-breaking performance issues.

Continue reading: Star Wars Jedi Survivor's PC launch under fire, EA 'working on fixes' (full post)

ASUS ROG Ally could launch with a non-Extreme AMD Ryzen Z1 variant for $599

| Apr 30, 2023 10:08 PM CDT

There's a lot of interest in the upcoming ASUS ROG Ally PC gaming handheld for a good reason; it's set to offer a Windows 11-based alternative to Valve's Steam Deck and takes advantage of AMD's new Ryzen Z1 Series processors. These new CPUs have been designed for the growing PC gaming handheld market, as detailed by AMD in a formal announcement.

ASUS ROG Ally could launch with a non-Extreme AMD Ryzen Z1 variant for $599

The specs for the ASUS ROG Ally point to a powerful gaming handheld that can deliver high frame-rate 1080p gaming performance. Many expect the launch price to be higher than Valve's based on the handheld's capabilities. The Steam Deck is a capable gaming handheld, but its appeal also comes with affordable price tags - USD 399 for the base mode, going up to USD 649 for the 512GB SSD variant.

Following on from word that top-spec ASUS ROG Ally could launch with a USD 699 price tag - with AMD Ryzen Z1 Extreme processing, 16GB LPDDR5 memory, and 512GB NVMe M.2 SSD - comes word that a lower specced USD 599 ASUS ROG Ally is also on the way.

Continue reading: ASUS ROG Ally could launch with a non-Extreme AMD Ryzen Z1 variant for $599 (full post)

Gamers disapprove of $70 AAA game price, but it's unlikely to change

| Apr 30, 2023 9:56 PM CDT

Gamers largely disapprove of the new $70 price tag for AAA games on PlayStation 5, Xbox Series X/S, and now Nintendo platforms, however prices are unlikely to drop any time soon.

Gamers disapprove of $70 AAA game price, but it's unlikely to change

A bit ago, we published a report that found that consumers are buying less games but spending more on the titles that they do buy. This has led to a reduction in game units sold, but an increase in revenues generated from software. This also reflects the fundamental principle of supply vs demand economics: consumers buy fewer products when prices are increased.

Curious on how the price increase is affecting purchasing decisions, I decided to run a quick poll to see what consumers and gamers were willing to pay for AAA titles. Results of a Twitter survey with over 25,000 respondents from across the globe shows that the vast majority of respondents feel that $70 is too much for new video games, especially given the current economic climate that is forcing consumers to prioritize spending on necessities instead of entertainment.

Continue reading: Gamers disapprove of $70 AAA game price, but it's unlikely to change (full post)

Mario movie makes $1 billion, supercharges Nintendo's transmedia business

| Apr 30, 2023 11:15 AM CDT

The Super Mario Bros. movie has now broken $1 billion in total global box office ticket sales, Variety reports.

Mario movie makes $1 billion, supercharges Nintendo's transmedia business

The new Super Mario Bros. movie has now broken $1 billion in cumulative earnings and will lead to a significant spike in Nintendo's non-gaming revenues. The film has grossed $490 million in North America, and $532 million in other global markets, leading to a combined $1.022 billion in sales.

This performance is no small feat for the movie, which opened in theaters on April 5. In just 26 days, the fan-favorite 3D adventure has become a veritable cash crop, underlining the power of Nintendo's intellectual properties and the overall brand recognition of the Mario franchise.

Continue reading: Mario movie makes $1 billion, supercharges Nintendo's transmedia business (full post)

Sony made $8.3 billion via hardware in FY22, over $3 billion more than last year

| Apr 30, 2023 9:55 AM CDT

PlayStation has achieved multiple records, including hardware, software, and total gaming revenues. In a somewhat rare occurrence, console hardware actually led Sony Corp's. triumphant charge in gaming.

Sony made $8.3 billion via hardware in FY22, over $3 billion more than last year

Driven by new upticks in adoption, Sony's games division is achieving record success on all relevant consumer sales metrics. The company's full-year results show new all-time highs in PlayStation 5 shipments, with Sony shipping 19 million PS5s during the year while also breaking a new first-quarter calendar year record for most consoles shipped during Q1.

The significant PS5 sales surge has translated to record PlayStation console sales for any given year. Sony generated $8.297 billion from console sales during Fiscal Year 2022, which was over $3 billion more than last year and up nearly 57% year-over-year. The earnings were driven by two back-to-back record console sales quarters during Holiday 2022 ($3.11 billion) and the early January - March quarter ($2.909 billion).

Continue reading: Sony made $8.3 billion via hardware in FY22, over $3 billion more than last year (full post)

New $69.99 price may negatively impact PS5 game unit sales, data suggests

| Apr 28, 2023 11:21 PM CDT

While PlayStation 5 hardware is on the rise with record-breaking console sales revenue, PlayStation users are actually buying far fewer games than they have before. Data from Sony and Activision offers a possible explanation on why this is happening.

New $69.99 price may negatively impact PS5 game unit sales, data suggests

Sony just reported its best-ever year for PlayStation earnings, raking in nearly $27 billion in revenues. PS5 console hardware sales were the main driver for this over-performance, with Sony generating a record-breaking $8.297 billion from PS4 and PS5 console sales during Fiscal Year 2022.

Software revenues were likewise at an all-time high. Data provided by Sony Corp. indicates that PlayStation gamers spent $6.367 billion in combined digital and physical software purchases. Hardware is pulling in record numbers, and so is software...but overall game unit sales were down quite a bit for FY22, dropping to 264.2 million games sold, which represents a substantial 39 million drop in unit sales from a year ago.

Continue reading: New $69.99 price may negatively impact PS5 game unit sales, data suggests (full post)

PlayStation 5 hits 38.4 million shipments as Sony sets new console sales record

| Apr 28, 2023 11:37 AM CDT

Sony's PlayStation games division has broken multiple yearly and quarterly performance records, most of which were primarily driven by staggeringly high PlayStation 5 console sales.

PlayStation 5 hits 38.4 million shipments as Sony sets new console sales record

Sony managed to ship a record-breaking 6.3 million PS5 consoles in its Q4'22 period, setting a new all-time industry high for consoles shipped through the January - March quarter. As a result of diligent console production with the PS5's new 6nm SoC process and several revisions that helped streamline overseas shipping, Sony managed to ship 19 million PlayStation 5 consoles during Fiscal Year 2022. This yearly console shipment is second only to the PS4's 20 million shipments in Fiscal Year 2016.

PlayStation 5 console shipments have now reached 38.4 million units worldwide. On a launch-aligned basis, the PS5 still has yet to beat the PS4, however the gap is closing quickly. In its first 10 quarters on the market, the PlayStation 4 shipped 40.2 million consoles compared to the PlayStation 5's total 38.4 million units.

Continue reading: PlayStation 5 hits 38.4 million shipments as Sony sets new console sales record (full post)

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