Sega/Jagex fiscal year, Valve Index, more

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Transcript:

How is it going everybody, Adrian Simple here from The Gaming Observer, and this is your Daily Gaming Update for May 1st, 2019. For links and a transcript, head over to thegamingobserver.com.

SEGA fiscal year results

Sega has released their fiscal year results ending March 31st 2019. Sales increased but profits declined, as their digital games and slot machines have seen worse results than usual. Their comments on the situation were pretty vanilla, saying they didn’t receive the expected sales of exisiting titles, so their estimates were off. Also, looking forward to next year, they’re looking to improve profitability; they especially noted the official 2020 Olympic Games title that they are producing.

Jagex fiscal year press release

Jagex has also revealed some information about their fiscal year ending December 2018, which they usually do despite being a private company. They have had a record breaking year, with revenue growing to 92 million euros, a 9% increase year-on-year, and profit going up 4%. 2018 was a year that had the highest paid Runescape memberships ever. Something they heavily emphasized in the press release is the success of Old School Runescape on mobile, which had more than 5 million installs and brought the company great profitability. So expect to see a lot more great things from them.

Valve Index details unveiled

Valve has finally unveiled some details about the Valve Index, their own take on VR hardware. It will be launching later this year, with limited availability in the US and EU, pre-orders open in May. The full kit, which is a base station, two controllers, and the headset, will be $1000 USD. Individual pieces are also sold if you already own the HTC Vive. This is one of the most expensive headsets on the market, and representatives have responded to that. They said that is the case because it’s intended to be a high-end product, but also to make it more developer friendly with better technology, rather than trying to make a lower barrier piece of equipment. If you’d like to see the technology specs, be sure to check the link.

Sonic The Hedgehog move gets new trailer

If you’re interested in following the highly controversial Sonic the Hedgehog movie, they just dropped the latest trailer. It looks terrible, but I won’t lie I am going to be happily watching it, if nothing else but for Jim Carrey’s performance as Dr. Eggman Robotnik.

Okay, that’s your Daily Gaming Update thank you for tuning in. As always I want to also thank Brandon, who supports the show through Patreon. I am Adrian Simple, have a fantastic day, and Happy Gaming everyone!

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