Current Events > Matsuda out as Square-Enix President.

(+) Yeah! (+)

https://twitter.com/RPGSite/status/1631538950279135238

Interesting development. His successor is pretty young (in context), I wonder what he'll bring to the table. It's hard to do worse than Matsuda with all his boneheaded decisions as of late.

I don't know anything about this new guy, so it's hard to say whether this is an improvement, but I'm not opposed to Matsuda going.

is he the one that wrote the crypto manifesto

legacy of kain something

please

Garioshi posted...

is he the one that wrote the crypto manifesto

Yes, and the one that sold off all their Western IP for pennies.

Vyrulisse posted...

Yes, and the one that sold off all their Western IP for pennies.

I still dont get why they did that. It cost nothing to keep them (to my knowledge). The fire sale made no sense.

Yeah, imagine owning Lara Croft and Tomb Raider and just deciding to sell them off for nothing. Those new games were successful last I checked, they just didn't sell every copy in the universe so they were weirdly called disappointing.

Vyrulisse posted...

Yeah, imagine owning Lara Croft and Tomb Raider and just deciding to sell them off for nothing. Those new games were successful last I checked, they just didn't sell every copy in the universe so they were weirdly called disappointing.

Unrealistic Sales Expectations

Apparently, being profitable isn't "Good Enough".

Vyrulisse posted...

Yeah, imagine owning Lara Croft and Tomb Raider and just deciding to sell them off for nothing. Those new games were successful last I checked, they just didn't sell every copy in the universe so they were weirdly called disappointing.

I didnt even know this happened. I wonder whats gonna happen to tomb raider now

Kiryu is gonna bring back Sleeping Dogs baby!

https://gamefaqs.gamespot.com/a/user_image/7/5/9/AAUQbgAAEPLn.jpg

Kamen_Rider_Blade posted...

Unrealistic Sales Expectations

Apparently, being profitable isn't "Good Enough".

The strange world of economics.
We predict to sell with a $750.000 profit!
*sells with a $500.000 profit*
Oh no, we lost $250.000, we have to fire 5.000 people and the CEO can only get a 5% raise instead of 20%!!!

Foppe posted...

The strange world of economics.
We predict to sell with a $750.000 profit!
*sells with a $500.000 profit*
Oh no, we lost $250.000, we have to fire 5.000 people and the CEO can only get a 5% raise instead of 20%!!!

-_-

It's an excuse for the C-suite Executive|VP class to enrich themselves with more money and fire the hard working labor underneath instead of paying them appropriately.

Those high up need ALOT more regulation laid on them as to what they can do with $$$ and employment.

Well, they can't do much worse. It felt like Square has been actively trying to ruin themselves.

To be fair, it's not solely about profit but also investment

if you spend years of work, hundreds of millions in resources and time and then make below expectations in profit, that was a poor investment

This is ultimately how Hideo kojima fell out of favor with Konami despite everything he touched making money

$50 for $2 dollars of work will always be better than $100,000,000 for $70,000,000

KlownArt posted...

Well, they can't do much worse. It felt like Square has been actively trying to ruin themselves.

There was that long recurring rumor the boss wanted to devalue the company so the buyout price was reasonable enough to entice Sony or Microsoft. To put it simply:

https://youtu.be/ZZqUkk6fVuQ