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comment by OftenBen
OftenBen  ·  345 days ago  ·  link  ·    ·  parent  ·  post: Fortnite

Those numbers blow my mind.

Where else would that money have been spent if fortnite didn't exist? Still on games?

Odder  ·  344 days ago  ·  link  ·  

    Still on games?

Probably, right? I mean, if we assume that most of that money is disposable income that parents are spending on their teenage children (or maybe money the kids made themselves if they're a bit older), it's safe to assume it otherwise would have been spent on something similar.

user-inactivated  ·  345 days ago  ·  link  ·  

EA is blaming Fortnite for its stock crash. You only have so many hours in a day. If you spend four-six of those in Fortenite, and eight sleeping, that does not leave a lot of time to do other things that need your attention, say watch Netflix or play other games. I've posted a few times the survey showing young men and boys do not watch television any more. In the one video I've posted, 85% of the people they surveyed, out of some 10,00 respondents, DO NOT WATCH ANY TELEVISION AT ALL. Where are their eyeballs? Video games. Hell, this article from 2015 makes the claim that men are not even watching movies any more!

Money is a part of the equation. The bigger freakout should be the attention/eyeball crash.

kleinbl00  ·  345 days ago  ·  link  ·  

Speaking as someone who has made nearly seven figures from television, I am reasonably certain that television will turn out to be a 'boomer phenomenon. The average age of network viewers goes up a year every year. The engagement of every age group but senior citizens goes down every year.

These are not people who will suddenly start watching TV. It is dead to them forever.

user-inactivated  ·  345 days ago  ·  link  ·  

And if you really want to see Ad Execs freak out, separate that out by Sex. Men under 35, if I had to make a bet, are 1/2 those numbers.

OftenBen  ·  345 days ago  ·  link  ·  


blackbootz  ·  345 days ago  ·  link  ·  

I wonder how and when the hundreds of millions will trickle down to us. What do video game producers spend their money on?

A quick look tells me that a Chinese conglomerate owns 40% of Epic Games. So the money might stay in China for a little while.

user-inactivated  ·  345 days ago  ·  link  ·  

Tencent just bought its way into Reddit this week as well.