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My prediction is that Netflix will buy Valve when Gabe Newell decides he truly doesn’t care anymore. From the article: “… the chart indicates Steam had an ope
by pavlov 1y ago
My prediction is that Netflix will buy Valve when Gabe Newell decides he truly doesn’t care anymore.
From the article:
“… the chart indicates Steam had an operating margin of about 60 per cent and made $2bn of commission revenues, for about $1.3bn in profit just from Steam commissions in 2021.”
That’s a very impressive profit and limits who can afford to buy it. Netflix could pay something like $50 billion in stock to own the gaming market.
- ysofunny 1y agothis pretty much will turn Steam into a subscription. Keep paying or loose your library of "licensed" games ???? this would probably be too evil, even for today's End-game Corporate America, so it'll probably be a mix of a subscription for any and all new games, but you can keep your old games if your account is old enough
- Shorel 1y agoNetflix can't buy if Gaben is not selling.