Doom, Fallout, Oblivion, Wolfenstein, Carmack, Howard... all in one company.
Two of the most acclaimed game development studios of all time are joining forces. ZeniMax Media, parent company of Fallout 3 and Elder Scrolls development studio Bethesda Softworks, announced today that it is purchasing legendary Doom and Wolfenstein studio id.
We asked Michael Pachter of Wedbush Morgan Securities, Colin Sebastian of Lazard Capital Markets, and Doug Creutz of Cowen and Company -- all of whom attended this year's E3:
Were there any announcements or events at this year's E3 you felt went under-reported?
From a professional or personal view, what were some of your favorite things about this year's E3? Least favorite?
Is E3 back?
GIA announces the release of a comprehensive global report on Video Games market. World market for video games software is projected to reach $91.96 billion by the year 2015 fueled by continuous technology developments, upgradation of gaming platforms, rising broadband penetration, and increasing uptake of massively multiplayer online games and wireless gaming. Developing economies in Asia-Pacific and Latin America are poised to drive future growth in the marketplace.
If I don't miss my guess, Wii Sports Resort is going to provide a *big* spike in Wii sales. The Wii is synonomous with 'Wii Sports' in the mind of the casual consumers. I've no doubt that Nintendo will advertise the heck out of it in mainstream media, and Johnny Public is gonna lap it up.
@DrMarioKart, The point Dr Mario Kart is not Wii sales relative to Sony MSFT but that Nintendo gave a forecast of 25M Wii's this year, and Patcher is saying to hit that goal they need a price cut. Its going to be does Nintendo give price or keep price and miss their target.
While the Wii has been in decline worldwide, its still outselling its competitors combined (roughly), so its more like the Wii is just now not selling like it was at LAUNCH (in the US). Supply has met demand, but that is not a condition for a price drop, or everyone would drop the price 6 months out from launch. The price drop card is a big play, and should be used sparingly.
I'm all for power moves and price wars, but it wouldnt surprise me if Wii held at launch price into 2010. Heck, they just went through the trouble of RAISING the price in the UK. Since Nintendo's current fiscal year ends in March 2010, they might be able to get by with holding off until after the holidays to drop the price.
Seems to be a difference between the need and the actual event.
The Wii is seeing a decline in sales now so a price cut for the Xmas period sounds plausable. The PS3 has definately been in need of a price cut but for obvious reasons Sony have held off but again a Xmas period price cut sounds just as likely.
For my money though I think MS are also just as likely to produce a price cut if only to try and stimulate another perfect storm. They have the new features within Xbox and they have the titles so I fully expect them to go for the juggler again irrespective of Sony potentially forcing their hand.
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