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 5, 2014, 18:44
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Re: Funcom Financials Fall Mar 5, 2014, 18:44
Mar 5, 2014, 18:44
 
Funcom is a really sad story, these guys had every opportunity to make some great games after the success of the Longest Journey, but instead of using their momentum to solidify their position, they turned to overambitious shit like conan and secret world, projects that sought to challenge WoW and all the other MMOs out there. They were a small company, and should have gradually built themselves stronger before taking on international giants like blizzard. They could have made some cool smaller games.
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Re: Funcom Financials Fall
Mar 5, 2014, 18:53
RaZ0r!
 
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Re: Funcom Financials Fall Mar 5, 2014, 18:53
Mar 5, 2014, 18:53
 RaZ0r!
 
I have a lot of respect for Funcom. They have kept Anarchy Online running for almost 13 years now, and they invented the leet!
I pwnz j00!
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Re: Funcom Financials Fall
Mar 5, 2014, 19:11
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Re: Funcom Financials Fall Mar 5, 2014, 19:11
Mar 5, 2014, 19:11
 
Particularly with Conan. The work lends itself brilliantly to CRPGs and that's what they should have started with, just a really cool Conan based CRPG. Imagine an isometric game like Fallout done in Conan's universe. It'd be pretty cool.

"Van Gogh painted alone and in despair and in madness and sold one picture in his entire life. Millions struggled alone, unrecognized, and struggled as heroically as any famous hero. Was it worthless? I knew it wasn't."
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Re: Funcom Financials Fall
Mar 5, 2014, 20:10
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Re: Funcom Financials Fall Mar 5, 2014, 20:10
Mar 5, 2014, 20:10
 
I wish Funcom did something more interesting. I don't want to see them fail, but in my opinion their MMORPGs just aren't very good.
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Re: RE: Follow up
Mar 5, 2014, 20:12
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Re: RE: Follow up Mar 5, 2014, 20:12
Mar 5, 2014, 20:12
 
My favorite MMORPG was Anarchy Online it was the only deep game out there. Really was challenging to just figure out everything but man the later levels were so much fun and the community was great. Also Sci-Fi is my favorite genre.

I still jump in every so often to play for a day or two.
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Re: RE: Follow up
Mar 5, 2014, 21:54
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Re: RE: Follow up Mar 5, 2014, 21:54
Mar 5, 2014, 21:54
 
UConnBBall wrote on Mar 5, 2014, 20:12:
My favorite MMORPG was Anarchy Online it was the only deep game out there.

The thing I don't get is that there's still, to this day, nothing remotely like it.

I'm not sure I understand the reluctance there seems to be to make sci-fi MMO's instead of cookie cutter fantasy games. Not that I dislike fantasy, but they've really hit the point where they feel pretty same-y and still no one is really attempting much for sci-fi.
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Re: Funcom Financials Fall
Mar 5, 2014, 23:11
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Re: Funcom Financials Fall Mar 5, 2014, 23:11
Mar 5, 2014, 23:11
 
As much as I wanted to love The Secret World, I just couldn't look past all the crazy and obvious issues with it. I mean, most of them seemed to be very simple tweaks, and It was as if they had no clue that these simple problems were what ruined the game. Very strange. I would definitely play this game again if they just hire a few good designers to fix the darn thing. It could be so much more if put into the right hands..
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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
Avatar 54732
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Re: Funcom Financials Fall
Mar 6, 2014, 08:01
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Re: Funcom Financials Fall Mar 6, 2014, 08:01
Mar 6, 2014, 08:01
 
I have played many of the MMO's out there, and AO was by far the best experience. Thanks to it's primitive graphics (compared to state of the art today), one could play multiple characters (multi-box ect.) very smoothly. Shame they let it go mostly fallow. Would not be surprised if they shutter AO before the 'real soon now' graphics update sees the light of day.
Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride! - HT
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Re: Funcom Financials Fall
Mar 6, 2014, 13:23
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Re: Funcom Financials Fall Mar 6, 2014, 13:23
Mar 6, 2014, 13:23
 
Jonjonz wrote on Mar 6, 2014, 08:01:
I have played many of the MMO's out there, and AO was by far the best experience. Thanks to it's primitive graphics (compared to state of the art today), one could play multiple characters (multi-box ect.) very smoothly. Shame they let it go mostly fallow. Would not be surprised if they shutter AO before the 'real soon now' graphics update sees the light of day.

I don't think so. its probably making a bigger profit margin than any of the rest of their games.
The Whales name is Bob.
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