Shadow Files For Bankruptcy - What Happens Now?
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- Опубликовано: 13 сен 2024
- In a shock move, Shadow files for Chapter 11 protection in the US and bankruptcy in the EU in a move to secure a new investor to consolidate the companies current debts and inject capital to allow them to continue to expand and become profitable. We take a look at the cause of this and what this move means for current Shadow customers.
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Finger cross for the shadow team, that they can continue. Really enjoy the service and what they create.
I'm with you, business mismanagement aside, the service itself is top shelf
if they make it free it will be fun
Well, for me the facts are
1) Shadow has proven that it’s possible to have a gaming ring on the cloud with a flawless user experience in all your connected diplays regarding if your tech ecosystem is Apple based, Google based, mixed... whatever, works like a charm trough both ethernet, WiFi and even f**** VR (still amazed by that, btw)
2) There is A LOT of potential users currently wating for their activation, and with a proper activation timing, a lot more of people would come to Shadow.
3) In order to be sustainable and finantialy succesful, they need to escalate the service SO MUCH more, and they have ran out of cash before achiving it. So, with the right magement and investment, Shadow’s potential as a business is limitless.
Despite all of this, they now sadly depend 100% in the company buyer and if they have any interest at all in fullfill Shadows roadmap and vision. As one user commented yesterday on Reddit, they perfectly coud be bought by McDonalds so they can fry potatos on their servers, but let’s just hope that everythings works out just fine and we can still enjoying Shadow and watching it grow.
This guy gets it 🙌
Just canceled my storage expansion and formatted the HD, just staying put for the next 2 months, either my yearly subscription renews or shadow goes under, ironically, everyone has been screaming that stadia is dead, and it seems to be shadow the one that is likely to be dead
where are you going that people still talk about stadia? Stadia died a long time ago, it was never a good implementation in any way. There literally has never been a single reason to want or purchase stadia at all. You're better off using your money as toilet paper during covid.
Yeah..... uhm.... stadia has 2 million users, Shadow has 100,000..... how is Stadia “dead” ?
I hope they stick around; I play just about everyday through Shadow with my VR headset.
I've been using shadow over 2 years now, sad to see they are having issues.
kinda unrelated, but does it work well? can you go for 144hz full hd?
@@brunosteffen8173 if you have a connection that can support it, yes. Shadow uses a lot of bandwidth though if you want quality like that.
@@Dillonian i got alot of bandwidth to work with, that shouldnt be an issue.
The other thing im curious about is why they say you need certan cpu power to use shadow. on th website they say that--- but for videostreaming you wouldnt need anything. Im confused
@@brunosteffen8173 you really don't need anything, I run on bare minimum specs, don't even have a graphics card and have absolutely no issues. not sure why they say you need any amount of cpu power
@@Dillonian alright, thanks for letting me know. Really appreciate that!
Imagine VALVE buys shadow. It would be great
I think Epic games might grab them. They're already having issues with Apple and Google. If they had their own cloud server blades, they could charge whatever they wanted for their game(s) / service and they would be able to pay for Shadow's dept in probably a month.
They couldn't meet that demand, sometimes having too many customers ain't a good thing
Happy Birthday!!!
Oh good someone noticed! Haha thank you!
@@MarkWattsVLG 🎂🎂🎂
As long as the services continues to work I'll use it till the end. I only use it for gaming, nothing personal, so It really won't affect me. I'll just move on, but it is my favorite platform for gaming.
Same
Yeah i pay for 3 shadows all for friends and 2 are ultra plans and 1 is a infinite (all are now downgraded) kinda upsetting tbh
@@sircrosar What a good friend you are, lol. Since it has been downgraded, and the price is even more now, I'm not sure my original post is true any longer. However, I'm also with Maximum Settings, and I can pay what i want for a more powerful pc.
@@MisterUrbanWorld yeah i dont use shadow for gaming really as i have my own powerful computer also .. i didn't know that the price was higher? was thia really recent
i don't look at the bill enough to notice
Thanks for your hard work and everything you do dude. Yourchannel is amazing and full of up to date info. I think and agree that it’s truly a new beginning for shadow, it’s certainly not the end. The potential is massive but was poorly managed and therefore lead them into a risky business position. The potential investors in my opinion are:
#1 Microsoft - it makes sense as they’re introducing xbox cloud gaming and shadow is a windows 10 pc at the end of the day so it could be massive. Especially with more advertising against PlayStation now & remote play.
#2 Amazon - again it would be an easy step for Amazon to expand their Luna service outside of the US. Hopefully if this happens they would still keep the shadow name and further expand this officially on all firestick & fire tv & prime services.
Many thanks for your regular updates.
Sad news. If they do end up going down I hope proper notice is made so we can format our machines and data from drives which would then be repossessed.
i ordered my shadow in February hope i still get it in November as i was going to use it for starting youtube and as a daily user
I've done all of my RUclips editing and gaming on Shadow since the day I got it, fingers crossed for the best
See, I got into shadow early back when it was still $35 a month. When they dropped it down to $12 I thought that meant they were finally making money
I used shadow for about 4 years, 30 minute activation and I paid $40/month. I knew the game was up as soon as they dropped the price to bring in more customers.
Thanks for the update Mark. Very sad to hear. I’ve been using Shadow since Oct 2018 and think it’s an amazing service. Hard to imagine being without my Shadow Ghost. Really hope this gets resolved.
Just get a gaming pc. That’s what imma do eventullg
2CRSi are calling in the bailiffs. In this time of GPU/Tech shortages, 2CRSi have plenty of buyers for that equipment. All they care about is getting their money back, just like we all would.
Shadow told me I had to wait 5-8 months for a rig to be available here I Florida back in October 2020, so I said f that and moved on with my life and back in February 2021 I saw this loop whole that got me a EST wait time for my rig to be a week, here it is, I Googled states around me here on Florida for a address,found a empty house in Mississippi, used that address and hot my Shadow rig within 4 days, I have zero issues while using shadow, can't believe how people are willing to wait months on months
What a clever lad
Man I just found out about this, coming from GFN. I wanted to play right away, but then saw the wait time!. I hope the people that buy it IF they do, dont screw it up and keep it how it is, vs change things a lot.
Interesting and enlightening video.
To be quite honest, I’ve been a subscriber of yours for about a year now. I was mostly drawn in because of your Shadow coverage, very intriguing. I was thiiiiiiiis close to pulling the trigger on the the Shadow Unlimited preorder, and then...yeah.
I’d like to put my interpretation on things into the ring: I’m in the business/corporate world, and when there is such conclusive language between business partners, but a nice fluffy message of ‘This is fine.’ with fire all around them to its fanbase, it’s time to walk away. I would go into more detail, but...I think it’s pretty obvious, if we look past our own ‘feels’ for the Shadow service.
Regardless, thanks for your openness on this topic, Mark! 😉
Appreciate it, I like to think my content has expanded to judging all cloud gaming services on their own merits but as my first experience in the space I admittedly have a soft spot for Shadow, still, I try to remain unbiased and call out their issues where I see them!
Im waiting here in Asia and these happens, I guess shadow's availabilty is impossible here in South East Asia :(
This couldn’t have come at a better or worse time. I’m just now finishing up my build of my computer and my yearly subscription renews next month I believe. But it’s sad i still would like this company to stay up because they have a really good service with some bugs I rant about on the discord a little too much
Fingers crossed it's as straight as they say and a competent investor from within the industry steps in...that all sounds a little too easy though
Same
Damn son! That is insane! Let's hope Shadow can sort this out
I've been using Shadow for about six months now, for games and digital artwork, and have really enjoyed the computing power it gives me. I'm just reminded of MoviePass, and wondering how they could offer so much for so little. I'll keep my subscription until things go south, and have everything backed up in Google Drive. I'm researching a laptop to play games and make art with, and it'll run me a lot more than the twenty bucks a month I'm paying right now. I'm hoping things work out, but it doesn't look good for Shadow at this point. :(
Bla bla bla, happy bday my guy!!
Your point of 2CRSi just allowing Shadow to still use the equitment even being in so much debt is too true, I think shadow currently is kind of a little bit undermining the situation so ppl dont cancel their Shadow. Im still not going to cancel my shadow, its a service I use everyday and will continue for as long as they stay alive. I hope a company that truly cares about Shadow and their misson of cloud gaming picks up Shadow and continues its legacy. But for now, we can only hope they find a buyer, im praying for the best rn
Absolutely, best to wait and see at the moment and hope for the best
I wonder why this is not profitable...or has a path towards profitability. Its a fairly good service, just started using it and am amazed that it allows me to play PC games even on Wifi from an old macbook!
I suppose it's the costs of setting up and running datacenters. Perhaps they should consider offering more lucrative services such as blockchain mining, distributed edge computing, or even partnering with a AR/VR headset manufacturer to deliver standalone virtual and augmented reality! They claim they were planning to roll out the service for VR so hopefully that means they know how to combat the latency problem.
I think they're the only ones that are really doing something unique and awesome in the streaming world, as all the other platforms only deliver specific games or services, and you don't actually own any of it. With this, you can play games or use any service you actually own (as much as you can with digital games/services).
I think the doom and gloom on the co founders face in the twitch interview is scaring people. I think the doom and gloom is from dude not sure if hes gonna still even have a job when the new ownership takes full control, whos to say they dont fully fire him.
I think that's just what French people look like haha
I'll be surprised if they don't find a new owner, they have a solid subscriber base and if new customers are prepared
to wait up to 8 months for a rig there is obviously scope for expansion. Start ups like this are always vulnerable to
external shocks (Covid, hardware availability), or have over ambitious expansion plans (perhaps the move into the US was a step too far too quickly).
Agreed, I get the expansion to the US because it's a bigger market so it will generate more revenue but the upfront expansion costs to data centers in 4 different states must have taken its toll
As someone who was subscribed to shadow and left almost a year ago. I saw this coming with shadow constantly delaying their upgrades here in the USA. Glad i bought a gaming pc before the holidays lol
Damn this sucks , I absolutely love shadow and always try to get my mates onboard . Very hard to explain ! It does have its annoyances and can be a bit buggy , but I was defo subscribed to ultimate . Shadows given me the time I needed to buy all my pc counterparts , desk monitor , rgb lights 🤦♂️keyboards etc . So maybe it’s time to start thinking about that pc build .
I’ve been using shadow as my main driver for games now with game pass ultimate and it’s hands down beats my Xbox one s !
Shadow and Game Pass for PC = Ultimate combination
??? When did this happen??? This sucks, I use Shadow constantly,
Announcement was made yesterday, nothing stating the service will be shutting down at the moment, fingers crossed
So, i ordered Ultra in late 2019 and got activated early 2020, does that mean I'm safe from any usage impact from 2CRSi recovering their equipment?
No, any impact this causes to the service will be to all users, not a select few. Fingers crossed the transition to a new owner can keep the service running without interruption.
I have the Ultra plan and love it. It's not perfect but almost. It far surpasses GeForce Now with all it's old games
Its interesting we are looking at two cloud business that could disappear this year. Stadia and Shadow. And its so strange as they both offer something really good but just was not handled proper. This is going to be a helluva year for cloud. Noone can predict where we will by by years end. Crazy stuff.
Insane how two completely different mismanagements of a service can lead to the same unfortunate result. Fingers crossed Shadow gets the 'competent' buyer they're looking for.
Stadia isnt going...
What does stadia offer that's "really good" exactly?
Their main issue is the wait times... With so many Cloud services coming out now that give you instant access. I don't believe Shadow will stand with them
What other cloud services are there? Besides the well known stadia
@@Mar-5016 Geforce Now I think would be #1, I wouldn't really count stadia that thing is a meme.
I think Shadow can safely charge at least 30$ per month for the lowest tier, which is still a good gaming machine. Ill stick with Shadow for sure and I wont touch any other Cloud Business Model. For me those Game-Only Services like Stadia, Shield or X-Cloud are nothing more than glorified consoles.
Only with Shadow I have a fully functional PC under my controll as If I rented a Server at some web hoster - just easy to use and geared towards gaming. I would hope that companies will scramble toward that opportunity and take advantage of this unique and well received busines model.
My favourite company to own Shadow woudl be GOG which woudl complement their brand well. Most big players have their own brand allready but could benefit from Shadows superior service.
I will discount Sony, NVidia and Microsoft here, because they seem to be only interested in providing games to players.
Amazon seems to have its own cloud gaming service in beta testing and they have the expertise in commercial cloud services allready so I am not sure they would adapt well to Shadows business model.
I also doubt that Google would be interested in Shadows tech, because their tech is allready surperior and just their busines model sucks.
That leaves some other tech companies like Facebook that likes to aquire companies left and right. AMD would also be an interesting partner, but since Shadow PCs are reliant on NVidias Quadros and Intel Xeon I doubt it would be a great fit in the mid term.
Then there is Steam/Valve or Epic, which have more interest in selling their games than providing fully functional PCs, so I wouldn't trust them with keeping Shadows service as it is today.
Microsoft and Google also have different visions for their cloud approach which is mostly reliant on application services and not fully functional PCs.
I think the most compatible busines model could be achieved with Amazon.
The likeliest buyer would be Facebook because its Facebook.
My Favourite buyers, as I said earlier would be GoG or AMD.
30 is too much, they’ll lose customers at that point which wouldn’t be any help at all. Their main issue is getting new hardware and trimming down that waiting list. It’s basically a gold mine they can’t get into because they don’t have access to the proper tools. Only scenario I see working with an increase of the current subscriptions is them announcing that the increase would only be temporary as to get the company back on its feet (if they manage to get an investor) but even then that’s another ticking time bomb they’d have on their heads and I guarantee they’ll still lose a portion of their customers. Well just have to wait and observe.
its obvious why they didnt communicate this sooner. to show the "big players" they talk about they have still subs in waiting line so the users wont cancel there sub anytime sooner that it looks good on paper for them
Looks like someone will be buying a PC
Ironically using the product killed the business.
Hope Shadow survives as it was the service that helped me become a YTer.
I 🤔 think SHADOW should go public an sale stocks in the company it will go to the 🌙
Cringe.
I planned on using it but I’m gonna hold for a bit
maybe if they didnt take 9 months to activate then more people would use it
The boat is not sinking, it already on the bottom of the ocean. Recommending people to invest there is helping them to drown.
I think its a cheap service and should charge more but i think the huge waiting time has hurt them alot imagine if it was only a month or so wait they wouldnt be in this situation.
Hi Mark, I was one of the lucky early subscribers, so like you managed to get many referrals so get mine free. Did you get your French lunch trip by the way? I never did! (pre-COVID).
Happy birthday? the balloons definitely look like birthday
From what I've read 2crsi is only the European supplier of hardware, so if you're in Europe, maybe start backing up saves just in case lol.
Looks like the US subsidiary (Blade Corp) is a 'historic' customer of 2CRSI, unclear if they currently provide any US hardware
I would really see Parsec as an investor for Shadow.
I dont. Parsec doesnt have the ressourced for that
Think we should cancel preorders.... I've been waiting for Shadow Infinite for nearly two years now.... If it's not here now, it's never coming :(
Like I said, I would wait for the moment, if everything turns out OK and you've cancelled your ore order you'll be at the back of the line again
I literally found this today and want to use it to make games
I love their service, I use my Shadow every day
On March 19th we were supposed to know more about the fate of the company
Anybody have any news?
Guys shadow I coming back I can't remember who but shadow just got bought and will continue!
Yep...this video is a month old
Well, being in debt for 3.7million euro doesnt happen overnight. :/ I thought this was a profitiable service, turns out it is not.
I really think it can be if managed properly
So shadow could be bought by either Amazon, Google or Microsoft
I say Amazon. Why?
Google = unneeded software downloaded and you can't delete them.
Microsoft? .... money hungry ....
I bet it's google.
Glad I didn’t do the yearly sub
I used to have one but i had to stop using it cus if my isp
Fingers crossed a investor comes forwards. Just reading this morning on thesaxon dot org via Google alert interest from ovhcloud but I don't know who they are. I guess there let us know about other possible players
OVH actually used to do some of the server hosting for Shadow so it makes sense, we'll see
Great video
Shit ffs, was waiting for their pculas app and then going to sign up.
It's a sad day 🥺☹️
F in chat
Uh oh
Apple invest new price £300 a month haha lol
No app store restrictions though...haha
Additional to the price increase they bite off a piece of the shadow logo.
Please NOT Epic Games
Not again this „please not epic“ panic. Everyone knows everything about you dude. Google, Apple, Samsung, Amazon, Facebook and Rest of the Social Media Friends. And everything is produced in China with backdoors. Not even starting to tell, you what the apps you use know. One company more or less makes no different. Algorithms are our new goods.
Epic is probably one of the last decent companies in the space. Idk why everyone hates on them.
Can shadow do an IPO?
Not at this stage, IPO's and crowdfunding weren't an option unfortunately
I guess the only way is to make a free tier to increase their database and earn money like with a limited play time like GeForce now 🤧😭😭😶 we support u shadow team ! ✌️✌️😍
What the fuck.
I hope it's not epic games
Or Tencent for that matter
@@MarkWattsVLG at least you can hack up your stuff unlike stadia
This to me seems like the perfect acquisition for Nvidia
lmao what a shitty service
Potential buyers maybe Microsoft Nvidia AMD Intel
GFN exploits and azure exist, why you need shadow LMAO