Developing an MMO for kids is a tough endeavor. On one hand, there are commercial failures like Lego Universe and Cartoon Network’s Fusion Fall who were unable to bring in enough paying customers and either shut down or went completely free to play respectively. On the other hand, you have major successes like Wizard 101, … Continue reading “Funcom Carrying On The Torch, New Lego MMO”
Funcom today released the financial details for the first quarter of 2012, and the results are mixed. Age of Conan continues to be Funcom’s major source of income, although revenue is down due to the release of a “large competitor.” Revenues dropped from 3,389 TUSD in Q1 2011 to 2,293 TUSD this quarter. The Secret … Continue reading “Funcom Q1 2012 Finances”
In their third quarter finances, Funcom predicted a lower revenue for quarter four on account of the initial fervor over Age of Conan’s free to play ending. In the presentation, released today, Funcom reaffirmed this by posting a revenue loss of 11% quarter over quarter. While Age of Conan remains Funcom’s primary source of income, … Continue reading “Funcom Q4 Finances: Project A Unveiled”
Because most of you probably don’t care to read up on it yourself, MMO Fallout is committed to bringing you the important information from each quarter’s financial reports. Yesterday, Funcom revealed its third quarter finances to investors, and there is plenty to boast about. Revenues increased 55% in the third quarter compared to the second, … Continue reading “Funcom Q3 2011 Finances”
It’s August, and that can only mean plenty of Q2 financial reports to read. Funcom has released its financial reports for the second quarter of 2011, with just enough time to factor in Age of Conan: Unchained. Here are some points of interest: Age of Conan: Unchained has more than doubled revenue for the title, … Continue reading “Funcom Q2 2011 Finances”
Those of you in the Age of Conan beta will probably remember various nights spent sitting in a bar, knocking back an ale, and beating the crap out of your up-to-then drinking partner. Of course, along with a few other features heavily advertised (npc raids on player villages, among others) for launch, are well aware … Continue reading “There’s Funcom In My ArenaNet, And I Like It.”
Those of you in the Age of Conan beta will probably remember various nights spent sitting in a bar, knocking back an ale, and beating the crap out of your up-to-then drinking partner. Of course, along with a few other features heavily advertised (npc raids on player villages, among others) for launch, are well aware … Continue reading “There's Funcom In My ArenaNet, And I Like It.”
With Funcom working on an expansion to Age of Conan, as well as the upcoming The Secret World, and the engine change to Anarchy Online, I admit I was both surprised and concerned when the announcement came that Funcom’s new division, Sweet Robot, would be working on a kid’s MMO: PetsVs Monsters. After playing Pets … Continue reading “Funcom: Going Casual”
It’s been a while since I talked about Funcom, almost a month! It’s good to see that Funcom continues to stride through whatever low points life throws its way. Slashing 20% of the company’s workforce, dropping 68.5% of revenue, and a loss of subscribers due to recent MMO releases, is just a flesh wound. Not only … Continue reading “Funcom, For Kids!”
It has certainly not been a good few months for Funcom, and according to the company, the situation is expected to get worse. After September’s notice of layoffs of 20% of the company’s workforce, we received further news that the upcoming MMO, The Secret World, would also be delayed by at least several months. Age … Continue reading “Funcom: Revenue, Outsourcing, and More Dissappointment…”
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