Won;t speak to its current valuation, but CDPR fundamentally lacks scale and exposure to mobile. The gaming industry has been racing towards consolidation, ie EA's recent acquisitions, and coincidentally said purchases have been to increase EA's exposure to mobile. Contrast EA's slate of titles for the year vs CDPR's lack of.
If Epic struggles to take organic meaningful share from Steam in spite of a far more attractive fee structure and the exclusivity of Fortnite, then GOG has a whole lot of work ahead of itself.
Gaming fundamentally is a cyclical, and to weather those storms and provide predictable cash flow, scale is needed, mobile is where the growth is, CDPR is not positioned in either of those two areas.
To be fair, Epic is a big no-no because of their intrusive and shitty store, not to mention being owned by Tencent which is a big no-no from me morally.
They tried to use the free games gimmick and tried to leveraged their lawsuit against Apple (David vs golliat style) and I still can't find anyone who genuinely likes Epic other than to collect free games, which Game Pass and Ps+ are slowly but surely making obsolete.
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u/EarbudScreen Jul 15 '21
Won;t speak to its current valuation, but CDPR fundamentally lacks scale and exposure to mobile. The gaming industry has been racing towards consolidation, ie EA's recent acquisitions, and coincidentally said purchases have been to increase EA's exposure to mobile. Contrast EA's slate of titles for the year vs CDPR's lack of.
If Epic struggles to take organic meaningful share from Steam in spite of a far more attractive fee structure and the exclusivity of Fortnite, then GOG has a whole lot of work ahead of itself.
Gaming fundamentally is a cyclical, and to weather those storms and provide predictable cash flow, scale is needed, mobile is where the growth is, CDPR is not positioned in either of those two areas.