Funcom has announced today that the game developer has entered a partnership with Conan Properties. As a preferred partner, Funcom will be the go-to developer for all video games on PC and console that feature the Conan brand or take place in Hyboria. The first game to be developed under this new relationship will not be … Continue reading “Funcom Now A Preferred Partner Of Conan”
It’s been a while since we last reported on the allegations that Funcom breached disclosure requirements and misled investors in the months leading up to the launch of The Secret World, and the results of said investigation are finally in. Following a raid on the offices in January of last year, Funcom yesterday announced that … Continue reading “Funcom Fined For 2011-2012 Irregularities”
Funcom has released their second quarter earnings for 2015 and it doesn’t take a genius to know that the results are not good, because the geniuses have already been telling us for the past month. Revenues at the company are down, from $3.19 million over the same period last year to $2.65 million this quarter. … Continue reading “Funcom Q2 Release Points Toward “Experimental” Games”
Things are looking pretty dire for Funcom. Last month we learned that Lego Minifigures not only isn’t selling well, it isn’t being covered by the traditional gaming press. In an update released just a couple of days ago, Funcom announced that it has hired an outside bank to review whatever options may be available to … Continue reading “Funcom Isn’t Doing Well, Seeking Investment/Merger”
If you purchased The Secret World through grey market resellers like G2A or similar websites, you may log in to find that your account has been disabled and your key revoked. Funcom has joined the growing list of developers fighting back against fraudulent purchases, announcing that keys that are purchased with stolen credit cards or … Continue reading “Funcom Revoking Fraudulent Steam Keys”
Funcom has released their first quarter finances for 2015, and the results are a bit of a mixed bag. Revenue fell over the first quarter from the same time last year, down from $3.8 million in 2014 to $2.7 million. Despite this drop, Earnings Before Interest, Tax, Depreciation, and Amortization came out higher, $487 thousand … Continue reading “Funcom Reports Lower Revenues In First Quarter”
If the last month has taught us anything, it’s that current players don’t take kindly to being cut out of lucrative deals. Funcom’s announced sale of the base game plus four additional issues for $20 ruffled more than a few feathers when it was revealed that the sale was for new accounts only. Thankfully the … Continue reading “Funcom Extends Issue Pack To Current Players”
Funcom last week released their fourth quarter finances and the results are mixed. Revenue for the quarter amounted to $2.94 million, an increase of $288 thousand over the previous quarter thanks to strong results from The Secret World, Age of Conan, and Anarchy Online. As part of Funcom’s ongoing restructuring, the company’s work-for-hire business is being sold … Continue reading “Funcom Q4 2014 Finances Released”
Funcom has released their third quarter finances for 2014 and the results are decidedly negative. Revenues for the quarter decreased from $3.1 million last quarter to $2.6 million this quarter. Funcom’s main source of revenue last quarter derived from the cash-positive operations of Age of Conan and The Secret World, while revenue overall fell due to … Continue reading “Funcom Q3 2014 Financials”
Funcom has released their second quarter finances and the results are disappointing to say the least. Revenue dropped to $3.19 million USD from $3.83 million last quarter while operating costs rose to $3.67 million in the same quarter. During the second quarter, Funcom initiated several marketing campaigns to increase traffic activity in their games. Traffic … Continue reading “Funcom Revenues Drop In 2nd Quarter”
MMO Fallout 