Retail

Square Enix: Retail is still dominant

Square Enix: Retail is still dominant

Mon 28 May 2012 7:43am GMT / 3:43am EDT / 12:43am PDT
RetailPublishing

President of US Mike Fischer on the company's transition to digital

President and chief executive of the U.S. division of Square Enix Mike Fischer has explained why distribution methods aren't his primary concern when it comes to finding games.

"I think the retail market is still dominant," he told GamesBeat, citing the Hitman, Tomb Raider, Sleeping Dogs and Kingdom Hearts franchises.

"I don't think it's an 'or' solution anymore, it's an 'and' solution. I think we could have a big online hit tomorrow and shift a massive proportion of our games online. And then we could have a massive retail hit the quarter after that and the bar swings the other way."

He said results and quality were what mattered to him, and he suspected, the other big entertainment companies.

"Is Warner Bros. or Fox primarily a theatrical company or primarily a home video company? What percentage of their revenue is the right mix? I think they just want a hit movie. I just want a hit game."

He was equally relaxed about platforms, and spoke about Portal designer Kim Swift's Quantum Conundrum. He said the company isn't looking for "one model of success."

"I don't go in and say, 'I want an iPhone game,' or 'I want an Android game,' or 'I want a downloadable game.' I'm simply looking for great IP investments. And finding the right platform to fit them."

"The great thing for me is there are just fewer business model limitations than we've ever had in the past."

Fischer has been president and CEO of Square Enix US since 2010, and previously spent 6 years with Microsoft on both Xbox 360 and Windows.

3 Comments

Finally, a refreshing pragmatist who desires great hits on any suitable platform, as long as its great!

Posted:A year ago

#1

Rick Lopez
illustrator, designer, DJ

I like this guy. He's not dooming anybody.

Posted:11 months ago

#2

I still rely on retail, because of me being in university and the cost of driving with petrol prices and the nights I have to stay after driving 2 hours to university to stay for a few nights on a 12 week semester, it can be hard trying to also save up to buy games as well as food and stuff.

So retail is the only way for me to go.

I do buy online, only at the end of the year and only titles that I can't find in my local shops, but other than that I still rely on retail for pre-ordering games I want on release day, as well as looking at the mid year and end of year pre-owned game specials.

Posted:11 months ago

#3

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