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[General Article] General: NCSoft Earnings: Not Everyone's Drinking Champagne in the Executive Suite

BillMurphyBillMurphy Former Managing EditorMember LegendaryPosts: 4,565

NCSoft today released their earnings report for the 2014 fiscal year. While the company as a whole grew across the board, not everyone is presently drinking champagne and wearing silly hats at the NCSoft executive suite.

Read more of Connor Wack's NCSoft Earnings: Not Everyone's Drinking Champagne in the Executive Suite.

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Comments

  • grimalgrimal Member UncommonPosts: 2,935
    Looks like someone beat you to the punch on this news, Bill.
  • FoomerangFoomerang Member UncommonPosts: 5,628

    I hope they right the ship. They made an interesting world (wildstar).Would be a shame to see it go so soon

  • kinkyJalepenokinkyJalepeno Member UncommonPosts: 1,044
    Originally posted by Foomerang

    I hope they right the ship. They made an interesting world (wildstar).Would be a shame to see it go so soon

    Ok serious question - I'm MMO-less so looking to play something for a while....  I have never played WS so is it decent??

  • ReizlaReizla Member RarePosts: 4,092

    Most interesting in the numbers is Lineage(1). This MMO has been closed down by NCWest almost 3 years ago and the only one really making money, totaling more than all other titles combined.

    WildStar - no surprise there and I'm waiting for B2P before I give it a shot again (it's in the same boat as ESO when it comes to gameplay and content)

    GuildWars 2 is no surprise either with the changes ArenaNet made the last year. Changes in gem conversion (400 minimum and thus making it impossible for casual players to exchange) and 200 gems per missed expansion. This while at the launch of GW2 it was promised that we'd not be charged for ANY expansions.

    Aion and Lineage II clearly made a drop in 2010/11 around the time F2P was announced for these titles. Not to mention around that time European services were dicthed from the US as well (Aion mandatory, L2 optional through Innova). That's not doing well for the numbers either. Add to that a lot of EU/US players who are fed up with NCWest GMs (or the lack of it) and not give these games a single dime anymore.

    I seriously have my doubts if NCSoft/NCWest will be around for much longer. It's year after year that only Lineage(1) is doing well and each and every new title just fails or has less profit than the year before...

  • BillMurphyBillMurphy Former Managing EditorMember LegendaryPosts: 4,565
    Originally posted by grimal
    Looks like someone beat you to the punch on this news, Bill.

    To be fair, our editorial take is a bit more in depth. :)

    Try to be excellent to everyone you meet. You never know what someone else has seen or endured.

    My Review Manifesto
    Follow me on Twitter if you dare.

  • GeezerGamerGeezerGamer Member EpicPosts: 8,857
    At this point, I'd be more concerned that Wildstar won't even last long enough to see some kind of business model change.
  • DerrosDerros Member UncommonPosts: 1,216
    Originally posted by Wolfhammer
    Originally posted by Foomerang

    I hope they right the ship. They made an interesting world (wildstar).Would be a shame to see it go so soon

    Ok serious question - I'm MMO-less so looking to play something for a while....  I have never played WS so is it decent??

    Id say its decent, the world they created was interesting It has a very WoW feel to it, so that may be a + or - depending.  They bet to much of their endgame on the hardcore raiders, so endgame fell apart for me.  The combat demands alot of attention to suceed in most fights, that kinda wore me out as well, again your milage may vary.

     

    I havent played since a couple of months after launch, but ive heard they have fixed alot of bugs and have added some more content.  

     

    PvP, havent heard anything good about that, the PvP servers are effectively dead by most reports, so roll on the pve server if you decide to give it a shot.

     

    If you can pick it up cheap, give the 30 days a shot.

  • FoomerangFoomerang Member UncommonPosts: 5,628


    Originally posted by Wolfhammer
    Originally posted by Foomerang I hope they right the ship. They made an interesting world (wildstar).Would be a shame to see it go so soon
    Ok serious question - I'm MMO-less so looking to play something for a while....  I have never played WS so is it decent??

    Its a good mmo. But it was a little too ACME for my tastes. The combat is very action, which is fun for a while. I think you can get a couple good months out of this game. Worth the price if you can pick up the box for cheap
  • SpottyGekkoSpottyGekko Member EpicPosts: 6,916
    Originally posted by Wolfhammer
    Originally posted by Foomerang

    I hope they right the ship. They made an interesting world (wildstar).Would be a shame to see it go so soon

    Ok serious question - I'm MMO-less so looking to play something for a while....  I have never played WS so is it decent??

    Watch some game play footage on Youtube, it will give you a good overview of the art style and what the game plays like.

     

    Some people like it a lot, but it doesn't appear to have had general appeal, yet there seems to be a complete lack of consensus as to why it failed to hold the majority's interest.

  • filmoretfilmoret Member EpicPosts: 4,906
    How do you play Lineage its not in ncsoft website.
    Are you onto something or just on something?
  • grimalgrimal Member UncommonPosts: 2,935
    Originally posted by GeezerGamer
    At this point, I'd be more concerned that Wildstar won't even last long enough to see some kind of business model change.

    I agree.   

  • cyandkcyandk Member UncommonPosts: 142
    Originally posted by filmoret
    How do you play Lineage its not in ncsoft website.

    You dont, unless you read korean. They shutdown lineage 1 in EU/NA in 2011.

    Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe.

  • FoomerangFoomerang Member UncommonPosts: 5,628


    Originally posted by SpottyGekko

    Originally posted by Wolfhammer

    Originally posted by Foomerang I hope they right the ship. They made an interesting world (wildstar).Would be a shame to see it go so soon
    Ok serious question - I'm MMO-less so looking to play something for a while....  I have never played WS so is it decent??
    Watch some game play footage on Youtube, it will give you a good overview of the art style and what the game plays like.

     

    Some people like it a lot, but it doesn't appear to have had general appeal, yet there seems to be a complete lack of consensus as to why it failed to hold the majority's interest.


    For me, the overall feel of the game is to frantic. Sensory overload on all fronts. Combat even on the most basic level is tons of fast paced actions. Objects that you create our place literally explode into existence, everything has a "fuck yeah!" Splash screen and I found after a while, I just couldn't stand the sight of it.
    Is like playing god of war for two months. Yeah it's a fun game, but after a while, you're just done with all the shit flying everywhere.
    I mainly pay MMOs to relax. Wildstar is not a relaxing mmo for me. But it is a fun one initially and probably in small doses.

  • gervaise1gervaise1 Member EpicPosts: 6,919
    Originally posted by BillMurphy
    Originally posted by grimal
    Looks like someone beat you to the punch on this news, Bill.

    To be fair, our editorial take is a bit more in depth. :)

    Actually Bill the editorial is wrong.

    • It says WS had $5M in sales last quarter.
    • It had 5M won. Unit in the graph is KRW in MN. Top right.
    • Using current exchange rates last quarters sales were less than $5k.
    • For all intents and purposes zero.
     
     
  • bcbullybcbully Member EpicPosts: 11,840

    RIP the last of the WoW clones. It's really hard for me to feel sympathy for a studio that showed such a lack of competence. From inexcusably poor foresight to terrible execution.

     

    This was a studio given a western AAA budget of the course of 7 years. Outside of a terribly cluttered combat system, they failed to produce one unique gameplay system. Their ineptitude hurt the industry as a whole. Their squandering of all that was given will without doubt serve as a cause for pause whenever another major thinks "Let's make a new mmorpg".

     

     It's a even more shame what they did with their financial backing and marketing when you look at all these indie developers with fresh ideas just trying to scrape together enough from kickstarter to get a demo out. 

     

    I hope the ones taking orders land on their feet. As far as the head of Wildstar's development, he should never work in the industry again.

  • ReizlaReizla Member RarePosts: 4,092
    Originally posted by gervaise1
    Originally posted by BillMurphy
    Originally posted by grimal
    Looks like someone beat you to the punch on this news, Bill.

    To be fair, our editorial take is a bit more in depth. :)

    Actually Bill the editorial is wrong.

    • It says WS had $5M in sales last quarter.
    • It had 5M won. Unit in the graph is KRW in MN. Top right.
    • Using current exchange rates last quarters sales were less than $5k.
    • For all intents and purposes zero.
     
     

    Top chart (global revenue) is in WON, the lower chart (per game) is in US$...

  • CrazKanukCrazKanuk Member EpicPosts: 6,130
    Originally posted by gervaise1
    Originally posted by BillMurphy
    Originally posted by grimal
    Looks like someone beat you to the punch on this news, Bill.

    To be fair, our editorial take is a bit more in depth. :)

    Actually Bill the editorial is wrong.

    • It says WS had $5M in sales last quarter.
    • It had 5M won. Unit in the graph is KRW in MN. Top right.
    • Using current exchange rates last quarters sales were less than $5k.
    • For all intents and purposes zero.
     
     

    No, you're wrong! :P

     

    The graph is 5400 KRW in MN so that's like 5,400,000,000 KRW which  should be $5M USD. 

    Crazkanuk

    ----------------
    Azarelos - 90 Hunter - Emerald
    Durnzig - 90 Paladin - Emerald
    Demonicron - 90 Death Knight - Emerald Dream - US
    Tankinpain - 90 Monk - Azjol-Nerub - US
    Brindell - 90 Warrior - Emerald Dream - US
    ----------------

  • OmaliOmali MMO Business CorrespondentMember UncommonPosts: 1,177
    Originally posted by gervaise1
    Originally posted by BillMurphy
    Originally posted by grimal
    Looks like someone beat you to the punch on this news, Bill.

    To be fair, our editorial take is a bit more in depth. :)

    Actually Bill the editorial is wrong.

    • It says WS had $5M in sales last quarter.
    • It had 5M won. Unit in the graph is KRW in MN. Top right.
    • Using current exchange rates last quarters sales were less than $5k.
    • For all intents and purposes zero.
     
     

    You have your decimal points mixed up.

    The number reported on NCSoft's statement was 5,491 KRW in MN, which translates to five thousand million Korean Won, or 5.491 billion as you or I would call it, which exchanges to $5 million on an exchange rate of .00091 used in the chart.

    If you don't believe me on this translation, look at page 4 of NCSoft's report. The revenue displays as 838,718 KRW in MN on the chart, which translates to 838.7 billion won in the statement at the top of the page.

    image

  • Batak_KillerBatak_Killer Member UncommonPosts: 399
    Originally posted by Reizla

    Most interesting in the numbers is Lineage(1). This MMO has been closed down by NCWest almost 3 years ago and the only one really making money, totaling more than all other titles combined.

    WildStar - no surprise there and I'm waiting for B2P before I give it a shot again (it's in the same boat as ESO when it comes to gameplay and content)

    GuildWars 2 is no surprise either with the changes ArenaNet made the last year. Changes in gem conversion (400 minimum and thus making it impossible for casual players to exchange) and 200 gems per missed expansion. This while at the launch of GW2 it was promised that we'd not be charged for ANY expansions.

    Aion and Lineage II clearly made a drop in 2010/11 around the time F2P was announced for these titles. Not to mention around that time European services were dicthed from the US as well (Aion mandatory, L2 optional through Innova). That's not doing well for the numbers either. Add to that a lot of EU/US players who are fed up with NCWest GMs (or the lack of it) and not give these games a single dime anymore.

    I seriously have my doubts if NCSoft/NCWest will be around for much longer. It's year after year that only Lineage(1) is doing well and each and every new title just fails or has less profit than the year before...

    Uuh.. you can make a custom gem conversion in gw2. The button is right there under the whole tab... They did make the move for a fix gem conversion but dropped it soon after..

    image

  • kp695304kp695304 Member UncommonPosts: 26
    I still hope they can turn wildstar around. I don't think it is insurmountable. The game itself is rich with content, they just made the horrendous mistake of making the endgame inaccessable to 90% of players. It would be like WoW only offering mythic level raids/dungeons. Perhaps 10% of the population could actually complete content at that level of difficulty but only 1% has the inclination or determination to actually finish it. Most of the other major issues have been resolved, but that has done little good because of the subscription fee. The wildstar saga is tragic, because it is for the most part a good game with excellent combat, classes, gameplay, and ip. It would be a damn shame if Wildstar got shut down before it ever reached its potential due to a flawed endgame and outdated business model.
  • Superman0XSuperman0X Member RarePosts: 2,292
    You should expect to see some influence from Nexon on what to do with Wildstar. They have passed the optimum time for a business model change (which is what Nexon was pushing for) and have only recently restructured management to align with the new directives. Expect to see changes in the western version coincide with the early release of the Chinese version (or outright shutdown if Nexon is not happy with the changes).
  • GeezerGamerGeezerGamer Member EpicPosts: 8,857
    I've never seen GW2 charted like that. I've seen the quarterly figures posted, but I never actually connected the dots' I knew their numbers had fallen off some, but that graph is actually a bit surprising. I'd thought GW2 was in a better spot then this. But I guess that's what happens when a game's business model become self limiting. Does anyone really buy gems anymore? As it is, since I've returned I've spent a few hundred Gold, But more than that, I've been liquidating my resources and have actually acquired a few hundred gold back. There isn't anything in that cash shop I can't get right now just from selling off some crafting mats.
     
     
  • GavyneGavyne Member UncommonPosts: 116
    GW2 should be spiking nicely this quarter, with their recent announcement of an expansion, and a large sale they had where you could've bought GW2 for $10-$15.  So I expect to see GW2's graph spike the next time someone chart this with a future earnings report.  You can definitely see a spike of players ingame.

    Played: EQ1-AC1-DAOC-FFXI-L2-EQ2-WoW-LOTR-VG-WAR-GW2-ESO-BDO
    Waiting For: CU & Vanilla WoW

  • CrazKanukCrazKanuk Member EpicPosts: 6,130
    Originally posted by GeezerGamer
    I've never seen GW2 charted like that. I've seen the quarterly figures posted, but I never actually connected the dots' I knew their numbers had fallen off some, but that graph is actually a bit surprising. I'd thought GW2 was in a better spot then this. But I guess that's what happens when a game's business model become self limiting. Does anyone really buy gems anymore? As it is, since I've returned I've spent a few hundred Gold, But more than that, I've been liquidating my resources and have actually acquired a few hundred gold back. There isn't anything in that cash shop I can't get right now just from selling off some crafting mats.
     
     

    $20 million a quarter isn't bad though, really, is it? I mean that still puts it somewhere in the $80 million annually area which is probably better than many games. 

    Crazkanuk

    ----------------
    Azarelos - 90 Hunter - Emerald
    Durnzig - 90 Paladin - Emerald
    Demonicron - 90 Death Knight - Emerald Dream - US
    Tankinpain - 90 Monk - Azjol-Nerub - US
    Brindell - 90 Warrior - Emerald Dream - US
    ----------------

  • NildenNilden Member EpicPosts: 3,916
    I would be really surprised if NCsoft didn't shutdown Wildstar by the end of 2015 after giving the axe to City of Heroes and others.

    "You CAN'T buy ships for RL money." - MaxBacon

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