Financials for Funcom for this last quarter show disappointing results for their newest, MMO The Secret World. The game sold only 200,000 copies since its June 29th launch, despite more than half a million players having signed up for the beta.
They blame low scores in the press as well as launching along PC giants like Diablo III and Guild Wars 2. That's definitely a one-two punch.
As a result, the company will be cutting costs and staff. Gamesindustry says that they saw a lost of $49 million, compared to $3 million the previous year.
From here on out, Funcom will put their energies into more focused games that require less time and development cost to bring out. They're starting development on a LEGO free-to-play MMO now.
|1:00 PM on 01.10.2013|
The Secret World sees 400% increase in 'activity levels'
Taking The Secret World from a subscription-based game to the "buy-to-play" model has done quite well for Funcom. The company has called this re-launch a success, announcing that "Activity levels in the game have increased by...more
|8:00 AM on 12.12.2012|
The Secret World scraps subscription fees
The Secret World has become the latest MMO to learn that, if it ain't Warcraft, it ain't getting away with charging subscription fees. Mandatory fees have been dropped from Funcom's ailing game, though other areas of monetiza...more
|3:00 PM on 11.14.2012|
The Secret World gets a chunky update
After four months, The Secret World finally gets its first raid, along with new missions and features in the largest update so far. It was this MMO's dearth of multiplayer opportunities that made me ditch it in fav...more
|11:00 PM on 10.18.2012|
Halloween comes early to The Secret World
Are you still playing The Secret World? Now would be a good time to log back in, as Funcom has pushed out some Halloween-centric content by way of the new update, Issue #3: The Cat God. It wouldn't be an MMO without nods to ...more
|8:00 PM on 09.17.2012|
Funcom has tools to make The Secret World free to play
Following the recent layoffs at Funcom, GamesIndustry caught up with CEO Ole Schreiner to talk about the subscription-based model The Secret World uses. He says that the game is profitable now that re-structuring has happened...more
|12:30 PM on 09.11.2012|
The Secret World lead game designer laid off
Funcom MMO The Secret World did not do as well as they had hoped it would, selling only 200,000 copies since its July launch. And now, as it usually goes, the layoffs happen. A notable casualty is The Secret World's lea...more
|4:30 PM on 07.13.2012|
Secret World's first content update announced
Set to go live July 31st, The Secret World's first content update, Unleashed, (referred to as Issue #1) has been revealed, with promises of more issues coming every month. This first round of content will contain se...more
|2:00 PM on 07.09.2012|
The Secret World 'Chronicle' profile and leaderboard tool
Funcom has launched a new profile and leader board service for new MMO The Secret World today called Chronicle. By logging in here players can view a complete record of their journey through the game, as well as character pro...more
|6:15 PM on 07.03.2012|
The Secret World launch trailer should be seen
If you've been keeping up with Funcom's newly released MMO The Secret World, you'll know exactly what to expect. But, for those that haven't, this new launch trailer shows just how vast and lovely this game's world is. Eithe...more
|3:00 PM on 06.15.2013|
Wargaming CEO is excited for World of Tanks on Xbox 360
A familiar site at every E3 for the past few years has been a giant tank sitting just outside West Hall of the LA Convention Center. Wargaming has been constantly promoting its free-to-play tank shooter World of Tanks, and th...more
|4:01 AM on 06.13.2013|
Rift is now fully free-to-play this week
In case you haven't heard during the madness that is E3, Trion World's MMO Rift is now fully free-to-play as of yesterday, having previously employed a "lite" version of the game that limited players to level 20. Th...more
|7:45 PM on 06.12.2013|
New FFXIV: A Realm Reborn video explains the UI in depth
If you're remotely interested in Final Fantasy XIV: A Realm Reborn, this new developer video from Square Enix is an excellent way to get prepared for this August, when the PC and PS3 versions of the game launch (with a PlayS...more