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"Bobby Kotick's decisions made our games worse," says former Call of Duty dev
(www.eurogamer.net)
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this post was submitted on 01 Jan 2024
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I'd say it still holds some truth - Activision started out as a private company and didn't go public until 14 years later.
Once a company goes public, it suddenly has to answer to shareholders instead of just its owners, and that's how any creative vision gets diluted and, eventually, lost completely.
True, on the other hand Nintendo was public when they made it big in the 1980's. They were public before they stopped making trading cards and well before they thought of Mario, Kirby, and really any of the ninetendo characters we love. The same is true for Sega. What happened was C Suites starting putting their fudiciary oath to the shareholders above all else, even company name and reputation. Which, in today's age, might explain some of FromSoftware's uniqueness, as they are a private company.