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Cake day: July 1st, 2023

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  • However, I have a strong suspicion that video game subscription services will end up following a similar trajectory to TV/movie streaming services at some point… Gamepass doesn’t really have any major competitors, and has been priced very aggressively in order to build market share, and it reminds me a lot of Netflix in its early digital stages.

    Netflix pricing has always had a lot of pressure on it because the company has no product diversity. All Netflix offers is Netflix, so all of its revenue comes from there. Meanwhile, MS has Office as the world’s default productivity suite, and it rakes in billions from corporate Windows licensing and cloud services. As of about a year ago, gaming was actually less than 10% of their annual revenue. So they can support narrow margins on Game Pass pretty much indefinitely. And they are motivated to do so as the heavy underdog to Sony, whose consoles consistently outsell theirs by a ratio of about 2:1.







  • Some context, courtesy of WaPo:

    Christie lobbied harder than anyone to become Trump’s vice-presidential pick, but he was passed over in a way that seemed to surprise him. Then Christie took over Trump’s 2016 transition team, before being quickly pushed aside. Trump declined on multiple occasions to make him attorney general, the cabinet job Christie was most suited for, leading Christie to explain in early 2019, “He hasn’t offered me anything that I really wanted to do.” 
It was at this point that the cracks in their alliance began to form, and they became chasms after Jan. 6, 2021. Christie has even blamed Trump for giving him a coronavirus infection that landed him in intensive care in late 2020. He said Trump never called to check on him.