We may be looking at a bit of a recession in the video game industry in , however that is a factor that works to force innovation in the long run. Unfortunately it means triple AAA studios are often going to take a hit along the way. Mayby this will tell you more about this.
Im not sure how much he is right, but good video to watch i think. You need to understand the game industry first. There are Game Developers and Game Publishers. Game Developers are companies like Blizzard, Bungie, Bethesda, etc. Game Publishers are companies like Activision. Blizzard could make an amazing game, but then Activision will typically cut the game up into DLCs and fill it up with micro-transactions to maximize profit, but also in turn ruining the good game that Blizzard made.
People tend to refer to this as Activisions DLC scissors. Where they take the masterpieces of a Game dev and cut it all up with their scissors. Activision doesnt have a good history. Sof2 was very competitive- cal, twl, ogl, etc. It was a great competitive game and had a hefty and loyal player base. So that would be one I would look at to possibly be reentering if there's a drop after earnings or if there's momentum further to the upside," he said during the same interview before the after-market earnings release.
Saporu added in an email to CNBC after Take-Two's earnings that the report supported his long-term belief in the stock. He specifically pointed to better-than-expected revenue, likely from major franchises such as Red Dead Redemption. Skip Navigation. VIDEO As Activision plummets, two traders discuss what's next for the video game stocks. Zoom In Icon Arrows pointing outwards. Materials sector breaks out to records — watch these two stocks, Piper Sandler says.
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