For example, 6 months ago, the narrative was that WotC was so profitable that Hasbro should spin it off as its own stock because Hasbro was holding it back:
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Wall Street is extremely fickle.
For me Magic was in a much better place in 08-09. Hasbro is making so much easier not to bother with the game.You guys are overthinking this way too hard.
The economy is in the shitter, food costs are skyrocketing, energy, etc.
People are cutting discretionary and entertainment spending, and MTG is probably the dictionary definition of those things.
Magic ate shit in 08-09 as well, and it's gonna eat shit for the next few years now as well.
There are quite a large number of MTG players who got into finance and investing at major firms in the past 20ish years.Sounds like some investment bankers are salty former MTG players
Youth employment rate is astronomically high by the standards of our lifetimes. Kids couldn't find any jobs from 2007-2010, certainly not ones that could afford magic cards. And it wasn't much better from 2005-2013. Now you've got "NOW HIRING ALL SHIFTS" signs everywhere for jobs paying 16-20 bucks an hour at all the places where kids work.You guys are overthinking this way too hard.
The economy is in the shitter, food costs are skyrocketing, energy, etc.
People are cutting discretionary and entertainment spending, and MTG is probably the dictionary definition of those things.
Magic ate shit in 08-09 as well, and it's gonna eat shit for the next few years now as well.
Youth employment rate is astronomically high by the standards of our lifetimes. Kids couldn't find any jobs from 2007-2010, certainly not ones that could afford magic cards. And it wasn't much better from 2005-2013. Now you've got "NOW HIRING ALL SHIFTS" signs everywhere for jobs paying 16-20 bucks an hour at all the places where kids work.
The economy sucks for genxers and boomers, but it's fantastic for kids under 30 compared to when we all graduated.
WotC has been very good at expanding their audience, if they need more players they'll find them. The B&M ecosystem is the real problem at the moment.Yea but kids aren't the driver they were a decade ago either. The entire scene of teenage/early 20s competitive standard grinders is just gone. And they can't afford modern, not really, even on 15$ minimum wages or whatever.
Their primary market is like 30something manchildren playing commander now, and that crowd is fast running in to the wall of their mediocre do nothing job working at Whole Foods or whatever.
WotC has been very good at expanding their audience, if they need more players they'll find them. The B&M ecosystem is the real problem at the moment.
Always been interested in Magic but never had the chance to play or collect much. My only nerd friend escaped to Muurica when I was 20.
That Rudy guy is popping up a lot now on my youtube with the drama and I just got curious. Is the market for these cards mainly collectors? Is the actual playing population too low and they make money by hooking the whales (who seem very upset now)?
Sucks I never could get into this world, too few nerds around when I was a kid.
Always been interested in Magic but never had the chance to play or collect much. My only nerd friend escaped to Muurica when I was 20.
That Rudy guy is popping up a lot now on my youtube with the drama and I just got curious. Is the market for these cards mainly collectors? Is the actual playing population too low and they make money by hooking the whales (who seem very upset now)?
Sucks I never could get into this world, too few nerds around when I was a kid.
So theres no new cards that are worth a lot of money?