Multiple Publishers Apparently Considering Raising Game Prices on PS5 and Xbox Series X

Automatic TRANSCRIPT

Other. Arkansas my favorite topic public publisher, other other publishers are considering raising their game prices for PS five in xbox series x this Chris Ring at Games. Biz other game. Publishers are considering raising their prices of games for the PS five expertise x says games. Research firm ID, G. Consulting. It follows the news that NBA case when he won which you talked about yesterday we priced at seventy dollars on the next gen consoles ten more ten dollars more expensive than it is on the current devices speaking with games. Industry Dot Biz I G president and CEO. Yoshiko Ozaki, says that game pricing has remained flat since two thousand five whereas TV and movie pricing has increased significantly. The last time, but next GEN launch software pricing went up was in two, thousand, five and two thousand six, when it went from forty, nine, ninety, nine, fifty, nine, ninety, nine, and these are US dollars at the start, the Xbox, three sixty and the three generation. He says during that time, the cost in prices and other affiliated verticals have gone up and quote. Asaki says that next Gen consoles. Next Gen. Console game production costs have increased by two hundred percent. Have increased by two hundred percent to three hundred percent, depending on the IP studio and Genre, but the prices have remained at fifty, nine, ninety nine, meanwhile cinema ticket prices have have risen thirty nine percent netflix subscription costs have gone up one hundred percent in cable TV. Packages have risen one hundred and five percent. Even with the increases to sixty, nine, ninety, nine for an action that price increase from two thousand and five to two, thousand, twenty, twenty Nexgen is only up seventeen percent far lower than than the other comparisons while the cost of developing in publishing have gone up and pricing and other entertainment verticals have also gone up substantially next. Gen Software pricing not reflected these increases fifty. Fifty nine, ninety, nine to sixty, nine, ninety nine does not even cover cover. These other costs increases completely, but does move it more in the proper direction. He continues quote. IDC works with all major game. Publishers in our channel checks in our channel checks indicate that other publishers are also exploring moving their next Gen pricing up on certain franchises for the same reasons outlined above. Every. Not every game should garner the sixty nine ninety nine dollars price point on Nexgen, but flagships flagship triple as as NBA Two K. Merit this pricing more than others and quote.

Coming up next