655
$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europe
(www.theregister.com)
this post was submitted on 19 Oct 2023
655 points (97.3% liked)
Technology
59733 readers
3167 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
MS probably doesn’t even make a profit with GamePass. They spend hundreds of millions to get Triple-A games on the service. GamePass is great for the consumer but in the end it will destroy the industry as we know it and give MS way too much power in the industry. People like to shit on Epic for their exclusivity deals, but MS is doing the same with GamePass. MS is trying to monopolize the customer base. And once they have achieved that they will not only raise their prices but lower the amount they will give to developers. And before you say MS doesn’t do exclusivity deals and you can still buy those games on Steam, many people will stop buying games if they can get them from a subscription service for cheap. Like the commenter above.
Phil Spencer confirmed it's not making money in the FTC leaks. That's why in MS's financials they don't disclose gamepass financials.
It actually staggers me how widespread the belief that MS won't up prices is. I wonder if they thought the same about Netflix or cable TV subscriptions? Lol
And yeah, also in the FTC leaks MS stated they'd love to do a hostile takeover of Nintendo or Valve if they got the choice. I don't know why people think Microsoft are on their side. They're a 2.5 trillion dollar company with a history of anti-competitive behaviour lol
I dont think anyone doubts the prices will go up, but if it costs less than a AAA game every few months then people will pay it for the ability to play those games without a console or PC and to be able to play multiple games for the price of one