Fragland.net V4 :: Funcom loses $23M, CFO and Age of Conan subscribers

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1 members have put Age of Conan: Hyborian Adventures on their wishlist, while another 2 even own the game.

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Description

In a world filled with cruel gods, mythical creatures, lost civilizations and a struggling human race, the mighty barbarian has finally seized the throne as king of Aquilonia. But Conan’s rule is on the brink of chaos, spiraling towards the doom ...

Articles

08-06-08 Review for Pc

Latest news

01-12-11 Age of Conan not coming to X360 after all7

02-17-10 Hyborian Adventures gets new free update & screens

01-12-10 Funcom goes barbaric on Age of Conan characters

10-12-09 Play Age of Conan for free2

04-02-09 Age of Conan gets a trial

02-24-09 Funcom loses $23M, CFO and Age of Conan subscribers4

01-12-09 Over half of all Conan servers to be shut down5

11-25-08 Funcom firing more people2

09-18-08 AoC director not happy with the game, quits Funcom1

07-11-08 Age of Conan now available as digital download

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Funcom loses $23M, CFO and Age of Conan subscribers

Posted on Tuesday, 24 February 2009 by daffeh, source: GamesIndustry.biz

Funcom has posted its financial results for the fourth quarter of 2008 and if there's one thing to be said it's that they are les than stellar. They lost a little over $23M and the game to blame for most of it is Age of Conan: Hyborian Adventures.

According to E24 the game has lost so many subscribers that the total which was once over 700,000 has now dropped below 100,000 players. This huge drop is explained by the company as "shorter average subscription periods than anticipated" which, in my opinion, just means that players got bored too quickly.

In the aftermath of the financial woes Funcom's chief financial officer decided to quit and it is rumoured that there might be more to follow.

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4 Comment(s)

Anonymous

Ah, Funcom, you fooled me once but never again, good luck with the console crowd...

Quote

Posted on 17:09, February 24th 2009

Anonymous

many of the features weren't ready at launch and MMORPG players are people who only give a new MMORPG 30 days of time to convince them to subscribe.

They won't throw risk it later to give it a second chance, because then they have to subscribe immediately.

many of the features weren't ready at launch and MMORPG players are people who only give a new MMORPG 30 days of time to convince them to subscribe. They won't throw risk it later to give it a second chance, because then they have to subscribe immediately.

Quote

Posted on 18:37, February 24th 2009

Anonymous

not to mention that I couldn't get a trial without entering my credit card details, so I just didn't bother.

Quote

Posted on 21:43, February 24th 2009

Anonymous

Hardcore MMO players actually can and have given past games many months to finish their development.

Where FUncom screwed up was by not treating the bulk of their player base with respect. You don't get the sort of loyalty they needed without it.

Hardcore MMO players actually can and have given past games many months to finish their development. Where FUncom screwed up was by not treating the bulk of their player base with respect. You don't get the sort of loyalty they needed without it.

Quote

Posted on 16:50, February 26th 2009