EA facing massive loss

[Malakal]

I read somewhere that one of the TOR devs stated that, when the game had 1.7mil subs, only about a half of those were actually paying. So right now even IF they have 1.3 mil, which seems inflated, they wont have more than 400-500k paying subs. Dont know their running costs but it doesnt bode well.

 

[Gord]

Everyone knows history of Hollywood? Especially that time in the late 40, when a big movie companies must face a competition from new Television media? Today, "new" indie wave is rising (meaning: growing awareness of it is rising) , history repeats itself, maybe.

And yet the big studios are still around (some of them anyway) and their movies are more crappy than ever (on average, for every good one there are a dozen uninspired sequels milking existing franchises and following the same worn-out formula).

 

[Zarniwoop]

Everyone knows history of Hollywood? Especially that time in the late 40, when a big movie companies must face a competition from new Television media? Today, "new" indie wave is rising (meaning: growing awareness of it is rising) , history repeats itself, maybe.

And yet the big studios are still around (some of them anyway) and their movies are more crappy than ever (on average, for every good one there are a dozen uninspired sequels milking existing franchises and following the same worn-out formula).

And the movie studios too blame piracy for their shitty products not making them their massive profits. Still pretty massive, but just not quite as high as they like. Guess history does repeat itself.

 

[Infinitron]

http://www.gamesindustry.biz/articl...-mmo-pulling-talent-away-from-dragon-age-team

"Dragon Age III appears to have slipped to FY:14. We had previously expected the next Dragon Age to be released in Q4:13, two years after its predecessor. However, we believe that a significant portion of the BioWare team responsible for the game was reassigned to Star Wars in order to create content and fix bugs to keep the game's audience engaged," Pachter commented.

LOL, Ultima IX/Online much? History repeats itself indeed.

 

[CorpseZeb]

And yet the big studios are still around (some of them anyway) and their movies are more crappy than ever (on average, for every good one there are a dozen uninspired sequels milking existing franchises and following the same worn-out formula).

Of course, they are. But the conscious was changed, also. Nobody except something "great and new" from the "old, big movie concerns", anymore. New age of directors, new themes, new stories goes to TV, to the smaller studios. Ethos was changed. Today, ever "console-teen-MW-COD-lovers" don't except originality from EA/AAA. Indie was acknowledge as originality bringers. Ethos is changing.

Ps. And, of course, the "young and angry" directors like Lucas and Spielberg, grow, get old, get bored and new, fresh people comes. Art is in neverstopping movement, yesterday vanguard becomes todays retro.

 

[octavius]

Everyone knows history of Hollywood? Especially that time in the late 40, when a big movie companies must face a competition from new Television media? Today, "new" indie wave is rising (meaning: growing awareness of it is rising) , history repeats itself, maybe.

And yet the big studios are still around (some of them anyway) and their movies are more crappy than ever (on average, for every good one there are a dozen uninspired sequels milking existing franchises and following the same worn-out formula).

And the movie studios too blame piracy for their shitty products not making them their massive profits. Still pretty massive, but just not quite as high as they like. Guess history does repeat itself.

As long as they keep making movies that glorify theft, like "Gone in 60 seconds", they have no reason to whine about people stealing their movies.

 

[Jaesun]

http://www.gamesindustry.biz/articl...-mmo-pulling-talent-away-from-dragon-age-team

"Dragon Age III appears to have slipped to FY:14. We had previously expected the next Dragon Age to be released in Q4:13, two years after its predecessor. However, we believe that a significant portion of the BioWare team responsible for the game was reassigned to Star Wars in order to create content and fix bugs to keep the game's audience engaged," Pachter commented.

LOL, Ultima IX/Online much? History repeats itself indeed.

I know. It's the EXACT thing they did to Ultima IX. Oh well. Dragon turd is shit anyways. wont miss it when it is gone.

 

[Aeschylus]

...
And on the pedestal, these words appear:
"My name is EA, king of game publishers:
Look on my works ye Game Devs and despair!"

 

[Angthoron]

http://www.gamesindustry.biz/articl...-mmo-pulling-talent-away-from-dragon-age-team

"Dragon Age III appears to have slipped to FY:14. We had previously expected the next Dragon Age to be released in Q4:13, two years after its predecessor. However, we believe that a significant portion of the BioWare team responsible for the game was reassigned to Star Wars in order to create content and fix bugs to keep the game's audience engaged," Pachter commented.

LOL, Ultima IX/Online much? History repeats itself indeed.

Hey, at least Ultima Online was a good game.

 

[commie]

But how can this be when Dragon Age 2 was released just before this financial year and Volly said that sold 4503 million copies all the way until now and there's also the success of ME3 since then and Battlefield 3?

 

[Commissar Draco]

Not a moment too soon.

 

[Valestein]

Can't wait to see EAware go under.

 

[Infinitron]

http://www.gamesindustry.biz/articl...-mmo-pulling-talent-away-from-dragon-age-team

"Dragon Age III appears to have slipped to FY:14. We had previously expected the next Dragon Age to be released in Q4:13, two years after its predecessor. However, we believe that a significant portion of the BioWare team responsible for the game was reassigned to Star Wars in order to create content and fix bugs to keep the game's audience engaged," Pachter commented.

LOL, Ultima IX/Online much? History repeats itself indeed.

I know. It's the EXACT thing they did to Ultima IX. Oh well. Dragon turd is shit anyways. wont miss it when it is gone.

Not only that, but the story of DA2 is very similar to Ultima VIII's (half-baked action-focused sequel to a beloved RPG that was remarkably deep for its time)

 

[Metro]

Jesus, Brian Cox does video games? He's one of the best actors out there. I guess money is money.

 

[Darklife]

Uhhh hate to spoil the party buuuuuuut:

http://www.gamesindustry.biz/articles/2012-05-07-ea-digital-revenue-grows-to-USD1-2-billion-in-fiscal-2012-as-company-sees-profits-grow

Fourth quarter net income grew from $151 million to $400 million while revenues grew from $1.09 billion to $1.368 billion. EA ended the quarter with $1.3 billion in cash, which is down from $1.6 billion a year ago. On a trailing twelve month basis, revenues grew from $3.589 billion to $4.143 billon and net income climbed from a loss of $276 million to a profit of $76 million.

Financial meltdown indeed...

 

[Angthoron]

Uhh. That's Q4 of last year, they pushed out a lot of titles at Q4, not to mention their "WoW-killer". What'd you expect, that they'd be making losses in the most profitable quarter of the financial year? (Winter holidays lol)

 

[Gord]

Yeah, the second link in my OP states that they made profit last year.
The loss is estimated for this year.

 

[Darklife]

Ah, okay my mistake. Still, they've had an even bigger loss the year before so I doubt that will really impact them that much. Hell such behemoths can hemorrhage cash for a LONG time before running into trouble.

 

[CorpseZeb]

Yes, they can... it's a part of problem with such a big entities. But they lose reputation much faster, than money...

 

[Menckenstein]

 

[Saint_Proverbius]

EA ... indie games

good one

Actually, they have an EA Partners program which picks up independent games and sells them wholesale, which is good for the independent developers that get picked up. It's nothing new, though. Encore and several other studios have done that kind of thing in the past.

 

[Cassidy]

Actually, they have an EA Partners program which picks up independent games and sells them wholesale, which is good for the independent developers that get picked up. It's nothing new, though. Encore and several other studios have done that kind of thing in the past.

Might as well be a trap to check if there is any independent developer worth absorbing and destroying, except they found none worth buying... yet.