A home electronics retail store has filed a class-action lawsuit against Sony Corp., Samsung Electronics Co. Ltd., Toshiba Corp., LG Electronics Inc., Hitachi Ltd. and several subsidiaries, accusing the electronics manufacturers of colluding to fix prices in the U.S. optical disc drive (ODD) market.
In addition, U.S. Department of Justice has filed subpoenas.
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Deliver Us Mars developer Keoken Interactive has laid off the majority of its staff after struggling to secure funding …
The industry model and standards and who's in place to approve/disapprove have changed ^ what Keoken is feeling now is much like the Mobile burst 15 years ago. Expect more to come out of your own finances. Investors are treating games like movies and now (thank$ a lot for involving yourself hollywood) only the big (and money blind) investors get involved, effectively killing a lot of content that would come out with proper non-gate-kept and/or with incentivized funding.
Sorry but i couldn't care less, Deliver us Mars was as woke game as they come, climate change disaster, all female cast plus only a comic relief indian guy (it takes only 5 minutes into the game for the main female character to say how smart she is compared to the guy), evil white guys, ugly females, then add generic gameplay and puzzles (how many times do you have to cut things with a laser for gods sake), you can't change anything in how the events develop so 0 agency in the story, sub par graphics even while using UE4. So well, go woke go broke, that's how it works.
That stinks but with a 68 average critic rating on their games probably made it difficult for people to invest considering there is a bloat of games getting made these days.
Mat Piscatella of analyst firm Circana has revealed that the PS5 was the market leader in North America for both unit and dollar sales during not only March 2024, but the first quarter of the year as a whole.
Writing on Twitter, Piscatella revealed that spending for video game hardware in February 2024 dropped 32% in comparison to the same period last year, totalling $391 million. In addition, spending for PS5, Xbox Series X/S and Nintendo Switch each fell a minimum of 30% year-on-year.
But PS5 and Switch still outsells XBOX embarrassingly even with overall consoles sales decline.
They are going to waste a lot of money because certain consumer areas are excluded from the Sherman Law (ant-trust) and game consoles fall under that category as they are a regulated industry. This isn't the first time this has happened.
Doesn't mean it'll be proven true. Its a business world, most market have some degree of price fixing, but you'll never find evidence of it.
This is a stupid lawsuit. Way to waste taxpayer money government. I can go to the store and buy optical drives from these companies for very little. I see no price fixing. And as for the part about price fixing for optical drives for the PS3, why would Sony want to keep them high? It makes no sense.