Funcom Financials Fall

GamesIndustry International has details on Funcom's latest financial reporting, saying the Norwegian developer's revenues were down in their 2013 fourth fiscal quarter, mostly due to poor performance of The Secret World. Word is: "In the quarter ended December 31, 2013 Funcom earned $4.3 million in revenue, down from the $7.8 million it earned in the same quarter the previous year - the quarter directly following The Secret World's release. Funcom's earnings before interest, tax, depreciation and amortisation (EBITDA) were $233,000, down from $2 million the prior year."
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Re: Funcom Financials Fall
Mar 6, 2014, 00:11
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Re: Funcom Financials Fall Mar 6, 2014, 00:11
Mar 6, 2014, 00:11
 
woah woah woah

woah

hold the phone

You're telling me that a company made a faux-freemium MMO, and it resulted in an initial period of massive growth as people jumped on, followed by a stable plateau of lower earnings?

MIND BLOWN
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