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First, I'll be honest. I don't play this game nor do I have intentions. But, I don't necessarily want to see it fail either. I do question the fact that this game has over 200k 'active' subscriptions. Here's why:
The game relies heavily on VO and story as its selling point. From what I've heard, it's pretty good in that area. However, in other areas (areas that retain and build subscribers), I've heard nothing but bad and negative things. It seems that many feel that this area is a poor man's version of WoW.
Considering that, and considering some of the things EA has said; 500k subscriptions to be profitable. Then, combine that with their latest announcements (laying off staff -twice- and going F2P), you know that they are -at least- below the 500k subscription mark. Then, active paying subscriptions are different than subscriptions. Ultimately, I think around 200k active paying subscriptions is a fairly accurate number.
Here is the biggest concern I think that SWTOR supporters should have: If that the subscription numbers were stable at even 200k subscriptions I don't think we'd be hearing about F2P from EA. I really do believe that subscription numbers are falling fast, and EA is predicting that that number will fall even further.
This is the only explanation for F2P. 200k active paying subscriptions equals $3 million a month or $36 million a year, minus operational costs of course. Even still, that's a substantially high number that any business person would be foolish to mess with. Especially considering that SWTOR has failed to meet expectations.
Again, I'd be surprised if EA has over 200k active paying subscriptions for SWTOR at this point.