SquEnix Woes

Matsuda is “leaving” his position as CEO. I’m amazed it took this long given the stunning trail of disaster these past few years. The only reason that this company is still around is FF14, and by the grace of some deity, they haven’t milked it to death. Yoshida must have pictures of someone to build that wall.

SquareEnix has gone to some rather impressive lengths to self-detonate for western gaming. The Avengers is a poster child for an idea that lacked time to gestate, on an IP that was/is overpriced. (Side note, Suicide Squad is being delayed… but will still tank for similar reasons.) Outriders is an amazing piece of gaming that outshone Avengers on nearly every level, yet had no real support. Guardians of the Galaxy is a great game, just not one that will sell 4 million copies.

And Forspoken didn’t meet sales expectations. I’m not sure if people have paid any attention to, you know, the world-state, but if you’re going to sell something at a premium price, it better be premium quality.

$94 is a price point that simply doesn’t exist in my mind. It’s like saying a bajillion dollars.

The real kicker here is that they still believe that NFT are the future. So much so that they sold their current IPs (Tomb Raider, Deus Ex) to fund the activity.

The shining light here is that there doesn’t appear to be news on HR/harassment, which is refreshing. This just seems to be boardroom decisions for investment that were poorly placed. Perhaps with new leadership at the helm, they can refocus and get one victory, which will certainly help with morale. Fingers crossed.

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