Post by
stillbob on Jul 31, 2015 10:03pm
LOVED the Podcast....
All I had to do was google "Transgaming podcasts" and it was at the top of the list. It was 41 minutes but certainly worth the listen. Anybody that thought Ensing wasn't the right guy for this CEO job should listen to what he says and then think about it again. He says they've cut their "burn rate" by a Million a quarter and now have NO debt!! Apparently they paid off Bestfunds... They are creating a "subscription model" for family friendly games. For $5 bucks a month people will be able to let their kids of all ages play games on their smart TV's and set top boxes. This probably wouldn't seem attractive to hard core gamers but it could be a cash cow considering how many parents would like to provide gaming for their kids without worrying about content all the time. I think this is a GREAT strategy for Transgaming. People talk about TNG becoming the Netflix of gaming and this is the strategy that could make it happen. Apparently SwiftShader and other proprietary technologies are up for sale and that could really help strengthen the balance sheet even more. I think Ensing is the PERFECT CEO for Transgaming at this point and he's already proving his worth after just 7 months in the job.