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MMO Money Magazine

Writings on the business of fun: Virtual Worlds and Real Money Makes Online Gaming a Big Business. My economic view on the world of online games - without the hype.

Author: Inktomi

 Good Morning,

If you lost server on wow last night it's due from server company The9 sudden server shutdown for maintanence. 

Reported from JLM Pacific: Server groups for 3D MMORPG World of Warcraft were temporarily suspended on Tuesday evening and re-opened Wednesday morning, reports Sina quoting confirmation on Wednesday from The9 (Nasdaq:NCTY) and Blizzard Entertainment, a division of Activision Blizzard (Nasdaq:ATVI). The9's WoW server groups were suspended again at 10:50 a.m. on Wednesday.

Expect more server issues in June when Blizzard switched to Netease: The9 said that WoW servers will officially close at 2 p.m. on June 6 and that it won't be easy for NetEase (Nasdaq:NTES) to ensure a smooth transfer of WoW gamer information, reported from JLM. Full story HERE. Good luck guys, don't schedule any raids in that time. ATVI trades on the Nasdaq market.

Perfect World lineup for the E3 Convention is unvieled and a sneak preview of a unnanounced new game, reported from  Gamezone. On the line up is Torchlight, Jade Dynasy, Ether saga and of course Perfect World. You can follow PWRD on the Nasdaq as an ADR (Foreign stock that trades in America)

In China, Shanda Interactive is looking at buying the company HURRAY!, a Chinese seller of ring tones and games for mobile phones, sending their stock price higher. Sources say this buyout could happen within the next two weeks, reported from Bloomberg.com. How is this going to affect the people that play Maplestory? It shouldn't unless they own shares in HURRAY! or looking to play Maplestory on their phone. (HURRAY! company snapshot)

Outside the MMO Arena...

EA reported earnings May 5th and posts a net benefit of $251 million related to the recognition of deferred net revenue for certain online-enabled packaged goods games and digital content. So, I guess all that downloadable content is paying off. EA trades under ERTS, watch it on google finance.

Last but not least: Sumner Redstone who was a major shareholder in Midway Games along with the Board of Directors is being sued by their creditors for over $90 Million, reported from Gamasutra. Ouch!

In my humble opinion: I'm eager to see what Runic Games is going to show at E3 with their upcoming game Torchlight. I was a big fan of Mythos and I personally root for Travis Baldtree and his crew. EA continues to grow into a bigger beast than it already is, they are making good money from charging players for downloadable content. I hope that concumers are getting a fair shake for everything sold online has virtually no overheard compared to if they had to make a product to sell in stores. No wonder they are making so much money!

Have fun and play safe,

Ink

MMORPG.com writes:
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