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Yeah thats not true. If that were the case they would never be allowed to have sales because developers were losing money.
https://partner.steamgames.com/doc/marketing/discounts
YES! What do you think the Summer sale is? Do you honestly think Steam contacts EVERY single dev and asks their permission to put a game on sale? I cant call you the word I REALLY want to call you right now but I think you might be able to guess which word I'm thinking of. Do yourself a favour and stop talking nonsense.
If people are still buying Spiderman for £50, why would they want to decrease the price? If those sales slow down, they'll drop the price to help perk those numbers back up.
Valve lets developers/publishers know about sales months in advance and puts the option out there for them to opt-in if they choose. Of course they don't call them one by one. Why would they?
This doesnt mean Steam are not allowed to lower the price! This is my whole point. Learn to read.
As a game developer myself: yes, they literally do that.
They literally post when the sales will happen with a link to how to submit your games to the sale.
https://partner.steamgames.com/doc/marketing/upcoming_events
My point is as I have already stated, No brick and mortar store would sell a 3 yr old game at full price. They would just end up with a pile of stock they couldnt sell (yes before your autism kicks in I know were discussing digital) My point is this is sheer greed. Would you buy a 3 yr old digital game at full price? I dont think you would.
Steam has no such problem.
It's not greed. It's capitalism. The price is what the market is willing to bear. Game developers are not running a charity, and they're not going to drop the price out of the goodness of their hearts.
Also, since Steam doesn't buy games in bulk like a physical store buying products, there's literally no reason to adjust the price forcibly. There's no risk of a loss if the games don't sale on Valve's end.