Phil Spencer on what the hell is happening in the games industry, exclusives becoming a risky business & lack of growth in industry leading to layoffs

[Danja]

This guy is a cancer to the industry and this is the brand PlayStation leadership is taking following points from.

The problem is the industry was always healthy until it was hijacked by boardroom suits and shareholders that wanted an industry with an obvious hardware sell through ceiling to have somehow start having endless growth year on year. There is no market that doesn't hit a ceiling eventually, instead nurturing and maintaining what they already have, they decided it's simply not enough.

 

[anonpuffs]

Spent 75bil on an asset that's now worth 65, at a stretch. Imagine wiping 10bil off your balance sheet and still having a job

It's not even worth 65. It's worth probably 45-50, they had to pay a big premium to get them to sell. And who knows how much it would be worth with the recent stumbles in diablo and cod and overwatch

 

[Fenton]

 

[Bryank75]

Phil also said he wants other storefronts on xbox.

It would be absolutely humiliating for sony if steam or epic games store become available on xbox, you might able to play playstation exclusives on xbox assuming of course things just run as they would on pc and doesn't require extra dev effort.

Sony deserve that humilation.

It's something they absolutely have to consider. Especially with Steam deck in the mix too....

The carelessness of PS these days is a huge weakness that could come back to bite them very swiftly.

 

[Nhomnhom]

Phil is good.

Xbox is good.

Everything else is bad.

 

[Johnic]

Stop rejecting reality just because you like Playstation.

Here is some info

Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin

Around $10 billion of value was wiped off Sony's stock this week after it cut its sales forecast for its flagship PlayStation 5 console for the fiscal year.

www.cnbc.com

I can feel the cope through the screen. Xbox is dead, deal with it.

My man, a millionaire has been lying to you for over a decade and you still suck his cock. How pathetic can you get? have some self respect.

 

[Johnic]

And we had the same exact thing with subscriptions. Anyone who isn't involved will go down, it's the future. Look how that turned out.

MS always takes their problems and try and present them as industry problems. Just go away.

 

[Polyh3dron]

Phil also said he wants other storefronts on xbox.

It would be absolutely humiliating for sony if steam or epic games store become available on xbox, you might able to play playstation exclusives on xbox assuming of course things just run as they would on pc and doesn't require extra dev effort.

Sony deserve that humilation.

If they are able to pull off PC games running on Xbox similar to how Steam Deck does it, and get decent performance from the games, that would be kind of hilarious to see all those Sony games playable on Xbox hardware.

It'd also be funny to see Sony being okay with their games running on PC through Steam, and then okay with the same games running on Steam Deck, but then draw the line when the same Steam games can run on Xbox hardware. If MS wants to destroy PlayStation, that's how they do it.

 

[Puff]

Phil also said he wants other storefronts on xbox.

It would be absolutely humiliating for sony if steam or epic games store become available on xbox, you might able to play playstation exclusives on xbox assuming of course things just run as they would on pc and doesn't require extra dev effort.

Sony deserve that humilation.

Maybe Sony will block it just like Geforce?

 

[Johnic]

Another xbox dream crushed. Yet they still shill...

 

[Gods&Monsters]

SneakersSo from GAF with the tea:

This entire interview needs a thorough breakdown, but the most infuriating part of this entire interview is that Polygon's writer seems to have allowed the presumption of the console business 'not growing' to go unchallenged.

We can talk about growth in a variety of manners, but the truth of this whole situation boils down to this: the Xbox platform has not been growing, and hasn't been for longer than Phil cares to admit to. These talks about the industry facing growth issues only ring true when you consider the Xbox as a part of that. Sony and Nintendo are doing tremendously well right now, as is Steam, as are the major producers of videogames for the most part. Why the media allows Phil to state this without challenging him on the facts will always perplex me.

The gaming industry now is bigger than it literally has ever been, both in terms of users, profit, and revenue. More human beings do some form of videogaming now than at any other point in videogame industry history, and folks are spending more in gaming as well. The entire 'the industry isn't growing' discourse lives and dies by Xbox/Microsoft not being able to grow their audience, end of discussion.

He spilled

 

[Gods&Monsters]

This guy is a cancer to the industry and this is the brand PlayStation leadership is taking following points from.

The problem is the industry was always healthy until it was hijacked by boardroom suits and shareholders that wanted an industry with an obvious hardware sell through ceiling to have somehow start having endless growth year on year. There is no market that doesn't hit a ceiling eventually, instead nurturing and maintaining what they already have, they decided it's simply not enough.

Exactly! Sony had a winning formula but they followed Xbox at every turn, seeking growth elsewhere instead of their own customers. It will backfire badly in a few years when every Sony game will be advertised with an Xbox banner and controller.

And we had the same exact thing with subscriptions. Anyone who isn't involved will go down, it's the future. Look how that turned out.

MS always takes their problems and try and present them as industry problems. Just go away.

Subscriptions and cloud are the future. Sony will be left behind. Now, Gen-Z and handhelds are the future

 

[DeadPGN]

Stop rejecting reality just because you like Playstation.

Here is some info

Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin

Around $10 billion of value was wiped off Sony's stock this week after it cut its sales forecast for its flagship PlayStation 5 console for the fiscal year.

www.cnbc.com

I don’t think you know how the stock market works

 

[Kokoloko]

This whole narrative is so stupid.
Frightening how much power MS and this man have over the gaming media ans shills online. Everyone has been trying to push this for thr last couple of months...

The quicker Phil and MS is out of the console industry the better

 

[anonpuffs]

This whole narrative is so stupid.
Frightening how much power MS and this man have over the gaming media ans shills online. Everyone has been trying to push this for thr last couple of months...

The quicker Phil and MS is out of the console industry the better

It's so patently obvious that Microsoft is the bitter ex, now they've resorted to trying to pressure Sony through shareholder opinion. Microsoft ruins every fucking thing it touches.

 

[Shmunter]

Next Xbox will be a pc with a dashboard just like steamdeck.

These clowns already destroyed multiplayer on console by pressuring for cross-play. May as-well take down the entire industry.

 

[Cool hand luke]

Just a reminder that Polygon is literally funded by Microsoft, so to expect them to do anything but suck Phil's cock is foolish:

 

[Swift_Star]

This piece of shit is trying, once again, to gaslight his failures into an industry wide problem. I hate this man so much.

 

[Airbus]

 

[Would_you_kindly]

Phil Spencer is the definition of falling upwards the guy is incompetent AF & couldn't organise a piss up in a brewery