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Copernicus Looks to the Stars

Curt Schilling pitches his latest venture to investors on The Boston Globe is an article discussing Curt Schilling's new role as chairman of 38 Studios, the game developer founded by the former major-league baseball pitcher. They introduce the paper's audience to Project Copernicus, the working title for 38 Studios' upcoming MMORPG, and outline the financial realities of developing a game to compete with the 800 lb World of Warcraft gorilla. Word is Schilling has sunk over $5 million into the project out of his own pocket, and while he made cash by the boatload in baseball, his main role these days is to find investors to supply funding for the game, which will take at least $50 million to complete, and possibly more than $100 million. It probably doesn't help that this means he has to meet with fanboys that aren't even interested in his project: "At first, the only reason I was meeting with Curt is because I was a fan," says Boston venture capitalist Jeffrey Bussgang. "But when we met, you couldnít shut him up about building a great game. He is a compelling entrepreneur, and he has recruited a great team" (none of which was enough to get him to invest). Complicating the financial picture is the company's acquisition of Big Huge Games, which doubled their headcount to about 140, and industry insiders guesstimate this puts their annual operating expenses in the $15-20 million range. The studio obviously believes there are potential rewards commensurate with the considerable risks involved in creating a game to compete with WoW: "You donít see very many markets where there is a Coke and no Pepsi." says 38 Studios' Brett Close, using the ever-popular soft-drink analogy. "Thatís what you have with WoW. Other products have been successful, but theyíre not the massive competitor that I know will exist."

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2. Re: Copernicus Looks to the Stars Jul 26, 2009, 15:52 Stormsinger
 
"You donít see very many markets where there is a Coke and no Pepsi." says 38 Studios' Brett Close, using the ever-popular soft-drink analogy. "Thatís what you have with WoW. Other products have been successful, but theyíre not the massive competitor that I know will exist."

I'd think there's at least one other case that should immediately come to the mind of anyone involved in a computer related industry...Microsoft. There is simply no competitor anywhere near their market share.
 
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    Date Subject Author
  1. Jul 26, 15:50 Re: Copernicus Looks to the Stars Zadig
  4. Jul 26, 17:06  Re: Copernicus Looks to the Stars Cutter
  9. Jul 26, 21:57  Re: Copernicus Looks to the Stars Prez
>> 2. Jul 26, 15:52 Re: Copernicus Looks to the Stars Stormsinger
  3. Jul 26, 16:53 Re: Copernicus Looks to the Stars space captain
  15. Jul 27, 09:21  Re: Copernicus Looks to the Stars Beamer
  16. Jul 27, 12:22   Re: Copernicus Looks to the Stars space captain
  17. Jul 27, 13:07    Re: Copernicus Looks to the Stars Beamer
  5. Jul 26, 17:06 Re: Copernicus Looks to the Stars Zadig
  7. Jul 26, 19:15  Re: Copernicus Looks to the Stars space captain
  6. Jul 26, 17:34 Re: Copernicus Looks to the Stars Zadig
  10. Jul 26, 22:11  Re: Copernicus Looks to the Stars Blatz
  11. Jul 26, 23:19   Re: Copernicus Looks to the Stars Slashman
  12. Jul 26, 23:25    Re: Copernicus Looks to the Stars Elf Shot The Food
  13. Jul 26, 23:53     Re: Copernicus Looks to the Stars Prez
  8. Jul 26, 21:47 Re: Copernicus Looks to the Stars Karnisov
  14. Jul 27, 09:06  Re: Copernicus Looks to the Stars Ozmodan
  18. Jul 27, 16:12 Re: dont cry space captain
  19. Jul 27, 16:41  Re: dont cry Beamer
  20. Jul 27, 19:46 Re: Copernicus Looks to the Stars Zadig
  21. Jul 27, 20:10  Re: Copernicus Looks to the Stars  dsmart 


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