Some good news, finally. It was about time. Now it just needs to get through! It will, despite heavy corporate opposition. Lootboxes must be regulated and supervised!
Spoiler
lucky! i wish we had that in Canada
Sounds nice and all, let’s hope EA is ready for round two.
HURRAY!!! F*CK all those MMORPG fraud schemes. now we buy what we want and get what we pay for …RIGHT ON OPPRESSIVE GOVERNMENTS OF THE WORLD !!!
HYPEEEEEEE
CAN’T HECKING WAIT
Can’t wait to actually be able to get the item I’m paying for. XD
1 hour ago, xXThunderFlameXx said:
Sounds nice and all, let’s hope EA is ready for round two.
I want them bankrupt ever since NFSU2
Yea it would be nice to see a few MMORPG’s go bankrupt and send a CLEAR message to the rest of them about the future of their player base and how they treat them …
2 minutes ago, Original_Taz said:
Yea it would be nice to see a few MMORPG’s go bankrupt and send a CLEAR message to the rest of them about the future of their player base and how they treat them …
Star Conflict among them?
This is so good, hope this will happen soon
star conflict is based in russia, they can just cover their server warehouses with snow and avoid the law
4 hours ago, Koromac said:
Star Conflict among them?
yes but all MMORPG’s are the same and most of them are owned by the same people … kinda that illegal monopoly we all hear about
22 minutes ago, PapyMcBites said:
star conflict is based in russia, they can just cover their server warehouses with snow and avoid the law
well hopefully this would be treated like child porn and just removed from the internet if they don’t comply with the law…
I fully agree.
Ban booster packs in trading card games if you don’t know what you are buying.
I stopped playing magic teh gathering because of this and free2play = time2play.
It’s over-time for this happening.
On 11/22/2017 at 7:41 PM, PapyMcBites said:
star conflict is based in russia, they can just cover their server warehouses with snow and avoid the law
Nope, if they would completely run their own services (and not using steam) then they could ignore these laws, they just couldn’t run TV ads and so any more (yes there actually were a few).
But Steam could ban them from the store because they have to obey the local laws (see e.g. Germany and censoring of anticonstitutional symbols).
On 11/22/2017 at 8:24 PM, Original_Taz said:
Yea it would be nice to see a few MMORPG’s go bankrupt and send a CLEAR message to the rest of them about the future of their player base and how they treat them …
They can still sell stuff. Just not in lootboxes. So yeah not going bankrupt I don’t think
they can just sell items as dlc and charge more
Here is a quote from a reddit, maybe it will help to knock some sense into some of the “young and passionate” ones.
The article is pretty misleading, its down only 2.87% since EA made the most downvoted comment on Reddit and the outrage started.
The 3 billion number is the MTD (month-to-date) change in market capitalization, with the large majority of that drop in market cap coming before any of this Internet rage over Battlefront II. It came after their Q2 earnings on Oct 30th revising their Q3 revenue projections (they revised their estimate to $2 billion for the quarter, compared to analysts’ forecast of $2.06 billion) which was not at all related to microtransaction outrage in any way. Nevertheless even with that estimate revision, it would still be 13% higher than their FY2016 Q3 revenue.
Major companies see their market cap change by the billions on a monthly basis very commonly, without any outrage and simply from various external factors or normal market trends. Hell just today their stock increased 2.48%, and saw over $700 million being added to their market capitalization.
Here is the cold hard reality:
>EA’s total digital net revenue for FY2017 was $2.87 billion, of which microtransactions accounted for $1.68 billion. Since the publisher has a massive array of microtransaction and live-service-powered games coming in FY2018, such as FIFA 18, Madden 18, NBA LIVE 18, and NHL 18, the company expects its digital net revenues to increase by 14.63% to $3.29 billion.
Currently EA has 20 of the 27 analysts covering it recommending a BUY position, 2 recommend an OVERWEIGHT position and 5 recommend a HOLD. The average FY target price is $127, giving it a nice cushion to grow from the current price of $109.
More importantly, **EA makes $800 million A YEAR in microtransactions just from FIFA alone**, with a profit margin on Ultimate Team of nearly 100% since it takes absolutely no effort to add more cards. This is a yearly microtransactions revenue stream from one single game, the equivalent to selling 14 million copies at full $60 retail price. That’s the entire lifetime sales of the massively hyped Battefront 1 game. That’s more than Witcher 3 sold, its more than some of the most legendary games sold over their entire product lifetime, even including discounted price sales.
And that’s every year…and growing by double digits CAGR. Think about that, think about how difficult it is to create a game that sells 14 million copies a year, and think about how easy it is to make a lootbox/cardpack system.
Microtransactions will generate over 3 TIMES more revenue for game companies than actual game purchases in 2017:
>Gamers will spend a whopping $22 billion on microtransactions in free-to-play games this year, double the figure from 2012 and nearly three times the revenue generated from full game purchases on PC and consoles combined
http://www.pcgamer.com/revenue-from-pc-free-to-play-microtransactions-has-doubled-since-2012/
EA isn’t going to let this gravy train go anytime soon, nor are they particularly hurting. The full price purchase revenue will be dwarfed by the microtransactions revenue. Looking at EA’s latest quarterly and FY earnings releases, digital downloads dwarf game purchases, and “extra content” (ie. microtransactions) dwarfs everything else in that category.
The unpopular fact is that Reddit outrage represents a tiny portion of the market, most gamers are casual gamers who have no issue paying for microtransactions. That’s the sad reality. We haven’t won anything, despite all the self-congradulatory celebrations over EA’s demise and upvoting of every clickbait headline like this.