Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Digital Chart Initiative Losing Steam

Valve says it has no interest in submitting Steam sales data to planned digital game charts, reports MCV. Head of Steam Jason Holtman explains: "The idea of a chart is old. It came from people trying to aggregate disaggregated information. What we provide to partners is much more rapid and perfected information." He offers a self-fulfilling criticism that charts don't accurately reflect sales because they have failed to include digital sales in the past: "“If you look back at the way retail charts have been made, they have been proven to be telling an inaccurate story," said Holtman. "They apparently had shown how the PC format was dying when it was actually thriving." He goes on to explain it's not important to developers and publishers to know how other games are performing, just how their own games are selling.

View
41. Re: Digital Chart Initiative Losing Steam Apr 21, 2011, 18:10 DG
 
[tl;dr: Valve's accounts]

Krovven wrote on Apr 21, 2011, 16:16:
If I got to the IRS and request a copy of Valve's 2009 financials they should refuse that?

Valve is not a public company. You have zero right to request Valve's financials, nor anyone elses.

Public companies, you can get financial information, but certainly not through the IRS.

necrosis wrote on Apr 21, 2011, 14:25:
Tumbler wrote on Apr 21, 2011, 13:31:
This is very frustrating as a consumer to have no idea what reality is on something like this. I would like to see valve, as well as all sales channels in general, regulated to force this data to be released on a quarterly basis at least. From the stand point of protecting the public it makes sense that you get a record of what a company is grossing and how on a regular basis to compare it their tax filings.

It seems like this info is being withheld deliberately so the public cannot make assessments of how these digital sales are doing. Instead we have to work with data from the company as if that info is not bias. Oh you sold a million copies of that? Oh well that must be a good game then right? Sales statistics should not be a marketing tool if they are not true.
What the hell purpose would this information serve to Bob the consumer? Really. The only people that truly have any business knowing this information are parties directly involved and shareholders if its a public company.

Wait, what? People have no right to tax returns (nor should they have, the relevant bits should be discernible from the accounts) but surely all US accounts are available somewhere?
{edit: I've found the SEC, thought public companies only. Seems there's some kind of state-by-state system for private companies? Aha! Found them on the Washington Secretary of State: here. $5 for accounts, if someone's buying anyway I'd love a scanned copy? Form only allows billing to USA. Presumably some sort of copyright though.}

I am an accountant in the UK. Here, *all* companies *must* file their accounts and other documents with the Registrar of Companies which makes all filings publicly available for downloading or hardcopy, for a nominal fee (£1 to £4) so that the Registrar is self-funded. You can have any and all official filings: forms appointing directors, issue of new share capital, annual returns (summarises directors, shareholders etc), details of securities granted... {edit: Companies House is *much* better than the Washington link for Valve above, we get a full list of all documents ever filed}.

The general public absolutely does have a right to this information. A company is a legal person under the control of natural legal persons and thus the public has a right to know whom the controlling minds are. Otherwise any con man can hide behind the veil of incorporation. Or hey, how do you know someone who claims to represent the company actually has any ties at all?

Secondly, a company incurs debts in its own right - if the company collapses the debts are not passed on to the shareholders. The public therefore had a right to assess the financials, allowing it to make a somewhat-informed decision about the financial health of the company and how much at risk those debts are. Access to information is the quid pro quo of Limited Liability.

Thirdly, a company is not a natural person, it has no feelings or sense of self so why would it have right to privacy? A company does not inherently exist, it only does so because the law recognises it, and how is something to be recognised if it is unknowable? Such rights it has are such that the people, through it's government, chooses to grant in the pursuit of the public good through trade, competition and economics. A privilege granted from self interest.
 
Avatar 14793
 
Previous Post Next Post Reply Quote Edit Delete Report
 
    Date Subject Author
  1. Apr 21, 10:37 Re: Digital Chart Initiative Losing Steam Zptr
  2. Apr 21, 10:42 Re: Digital Chart Initiative Losing Steam StingingVelvet
  3. Apr 21, 10:49 Re: Digital Chart Initiative Losing Steam Verno
  4. Apr 21, 10:51  Re: Digital Chart Initiative Losing Steam mch
  5. Apr 21, 11:24  Re: Digital Chart Initiative Losing Steam bhcompy
  6. Apr 21, 11:32 Re: Digital Chart Initiative Losing Steam Quicksilver
  7. Apr 21, 11:37  Re: Digital Chart Initiative Losing Steam Verno
  8. Apr 21, 11:54   Re: Digital Chart Initiative Losing Steam Prez
  9. Apr 21, 12:20    Re: Digital Chart Initiative Losing Steam Jerykk
  10. Apr 21, 12:41     Re: Digital Chart Initiative Losing Steam FloorPie
  11. Apr 21, 12:42 Re: Digital Chart Initiative Losing Steam Dev
  12. Apr 21, 13:07 Re: Digital Chart Initiative Losing Steam Bhruic
  13. Apr 21, 13:26 Re: Digital Chart Initiative Losing Steam Ray Marden
  14. Apr 21, 13:31 Re: Digital Chart Initiative Losing Steam Tumbler
  18. Apr 21, 14:25  Re: Digital Chart Initiative Losing Steam necrosis
  19. Apr 21, 15:03   Re: Digital Chart Initiative Losing Steam Tumbler
  15. Apr 21, 13:43 Re: Digital Chart Initiative Losing Steam Verno
  17. Apr 21, 14:02  Re: Digital Chart Initiative Losing Steam Tumbler
  28. Apr 21, 16:16   Re: Digital Chart Initiative Losing Steam Krovven
>> 41. Apr 21, 18:10    Re: Digital Chart Initiative Losing Steam DG
  42. Apr 21, 19:46     Re: Digital Chart Initiative Losing Steam Dev
  44. Apr 21, 20:06      Re: Digital Chart Initiative Losing Steam Sepharo
  45. Apr 21, 20:26       Re: Digital Chart Initiative Losing Steam Dev
  16. Apr 21, 13:58 Re: Digital Chart Initiative Losing Steam saluk
  20. Apr 21, 15:06 Re: Digital Chart Initiative Losing Steam Verno
  22. Apr 21, 15:25  Re: Digital Chart Initiative Losing Steam Beamer
  21. Apr 21, 15:14 Re: Digital Chart Initiative Losing Steam Verno
  25. Apr 21, 15:54  Re: Digital Chart Initiative Losing Steam kanniballl
  23. Apr 21, 15:26 Re: Digital Chart Initiative Losing Steam Verno
  24. Apr 21, 15:36  Re: Digital Chart Initiative Losing Steam Beamer
  26. Apr 21, 16:05   Re: Digital Chart Initiative Losing Steam Tumbler
  27. Apr 21, 16:14    Re: Digital Chart Initiative Losing Steam Beamer
  30. Apr 21, 16:43     Re: Digital Chart Initiative Losing Steam Tumbler
  32. Apr 21, 16:51      Re: Digital Chart Initiative Losing Steam Krovven
  36. Apr 21, 17:00       Re: Digital Chart Initiative Losing Steam Tumbler
  40. Apr 21, 17:52        Re: Digital Chart Initiative Losing Steam Krovven
  29. Apr 21, 16:16 Re: Digital Chart Initiative Losing Steam Verno
  31. Apr 21, 16:51 Re: Digital Chart Initiative Losing Steam ASeven
  33. Apr 21, 16:54  Re: Digital Chart Initiative Losing Steam Krovven
  34. Apr 21, 16:56   Re: Digital Chart Initiative Losing Steam ASeven
  38. Apr 21, 17:31    Re: Digital Chart Initiative Losing Steam Krovven
  35. Apr 21, 16:57   Re: Digital Chart Initiative Losing Steam Krovven
  37. Apr 21, 17:02    Re: Digital Chart Initiative Losing Steam ASeven
  39. Apr 21, 17:51 Re: Digital Chart Initiative Losing Steam ASJD
  43. Apr 21, 19:58 Re: Digital Chart Initiative Losing Steam Dades
  48. Apr 22, 10:21  Re: Digital Chart Initiative Losing Steam DG
  49. Apr 22, 11:36   Re: Digital Chart Initiative Losing Steam Dades
  46. Apr 22, 00:17 Re: Digital Chart Initiative Losing Steam Veterator
  47. Apr 22, 07:21  Re: Digital Chart Initiative Losing Steam Dev


footer

Blue's News logo