UbiSoftologist
Member
Restaurant + Video Games...
Source: The New York Times (link )
1) Bushnell's ''innovative'' idea...
2) Wall Street analysts' comments
3) Bushnell's business plan
Source: The New York Times (link )
1) Bushnell's ''innovative'' idea...
Nolan K. Bushnell, the creator of the Pong video game and founder of the Chuck E. Cheese restaurant chain, is innovating again. He is about to open a restaurant where the servers will have novel attributes: triple redundancy and backup batteries.
In this case, the servers will not be human waiters but powerful central computers that will record food orders and display video games that customers can play while they eat.
Mr. Bushnell calls the concept the Media Bistro, and he plans to open the first one in West Los Angeles this fall. The point, he said, is to get gamers out of the house.
Video games today "are about social isolation," Mr. Bushnell said. "There needs to be a place that brings a little more balance and brings people together."
In an interview last week, he described how the 300-seat restaurant and bar would combine food and drink with ubiquitous interactive media. Touch-screen monitors, installed at every table, booth and barstool, will allow diners to place food orders, play some 70 different video and trivia games, and even take instant pop culture polls.
2) Wall Street analysts' comments
Some game industry analysts, however, find it hard to imagine that consumers will want to combine a night out with playing video games, which they can do at home.
"Do I need to marry those two things?" said Michael Pachter, an analyst with Wedbush Morgan Securities. "It's like saying you're going to combine a restaurant and a barbershop."
Others, like P. J. McNealy, a video game industry analyst with American Technology Research, said the mass-market appeal of video games had led to an intersection with other forms of entertainment, like movies. Combining food and video games, Mr. McNealy said, "continues the trend of business model experimentation."
Given Mr. Bushnell's successes as a serial entrepreneur and his experience with video games and restaurants, industry analysts said they were generally cautious about second-guessing his concept.
3) Bushnell's business plan
Mr. Bushnell now runs a small public company called uWink, based in Los Angeles, which develops short-form video games, like poker and trivia games. He said the company had invested about $12 million in developing software for Media Bistro. He said he hoped the restaurant would attract 21- to 35-year-olds.
He said he expected the restaurant to turn a profit by holding down costs. Instead of waiters who take orders, it will have food runners who deliver orders to the tables.
The restaurant will also have "tour directors" who will help diners choose video games and use the screens, Mr. Bushnell said.