With the videogames industry in an intense battle to capture millions of players, one developer’s content is “materially undervalued” by investors, according to the managers of a $1.3 billion investment fund.
Also read: This videogame company is in the spotlight as Sony and Microsoft face off with new consoles The frequency of franchise releases also “breeds annuity style consumption and high levels of engagement,” said Dillon. But videogames can be a fickle industry. Pandemic lockdowns paired with the latest round of console wars have created an optimistic market dynamic, but, according to CMC Markets, the sector is highly cyclical, with game sales largely relying on hardware.
But... gamers hate EA and want their monopoly over these sports to end. They just keep releasing the same games over and over with very minor upgrades.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: Forbes - 🏆 394. / 53 Read more »