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News & Features Discussion  » Champions Online: Atari Divests Itself of Cryptic Studios

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133 posts found
  SBFord

MMORPG.COM Staff

Joined: 6/28/10
Posts: 9207

 
5/17/11 2:37:20 PM#1

According to an earnings statement by Atari, it has divested itself of Champions Online developer, Cryptic Studios. The move became effective on March 31st. According to Gamasutra, Atari will continue its support of Champions Online and Star Trek Online until such time as the studio is sold.

"In line with the previously stated strategy of fewer but more profitable releases and further expansion into casual online and mobile games, the Company has determined that external development creates more flexibility in the changing marketplace," Atari wrote in justifying the move.

Read more at Gamasutra.

Associate Editor: MMORPG.com
Follow me on Twitter: @MMORPGMom

  Distopia

Drifter

Joined: 11/22/05
Posts: 12066

Give it a rest

5/17/11 2:40:26 PM#2

That didn't take long, maybe someone else will get their hands on the Neverwinter Nights IP. Although it does say development continues as is, at least right now. One can hope though right?

For every minute you are angry , you lose 60 seconds of happiness."-Emerson

If you can't argue the point don't say anything at all.
Waiting on The Repopulation.

  SBFord

MMORPG.COM Staff

Joined: 6/28/10
Posts: 9207

 
5/17/11 2:43:31 PM#3

I dunno about that though Atari has had the Neverwinter rights forever. They published NWN and NWN 2.


Associate Editor: MMORPG.com
Follow me on Twitter: @MMORPGMom

  Distopia

Drifter

Joined: 11/22/05
Posts: 12066

Give it a rest

5/17/11 2:45:06 PM#4
Originally posted by SBFord

I dunno about that though Atari has had the Neverwinter rights forever. They published NWN and NWN 2.

I'm aware of that, I was saying maybe they'll give it to someone else to finish :).

For every minute you are angry , you lose 60 seconds of happiness."-Emerson

If you can't argue the point don't say anything at all.
Waiting on The Repopulation.

  SBFord

MMORPG.COM Staff

Joined: 6/28/10
Posts: 9207

 
5/17/11 2:47:42 PM#5

Oh....well, Obsidian wasn't very successful with NWN 2...hated that one. :(

 


Associate Editor: MMORPG.com
Follow me on Twitter: @MMORPGMom

  Distopia

Drifter

Joined: 11/22/05
Posts: 12066

Give it a rest

5/17/11 2:49:12 PM#6

Can't disagree with you there.

For every minute you are angry , you lose 60 seconds of happiness."-Emerson

If you can't argue the point don't say anything at all.
Waiting on The Repopulation.

  WhiteLantern

Hard Core Member

Joined: 1/27/10
Posts: 2577

5/17/11 2:51:01 PM#7

So, if I understand it correctly, STO and CO go with Cryptic to wherever they land? I know one of the devs just mentioned that several of the "new devs" will be starting in June, so I guess that will be the case.

I want a mmorpg where people have gone through misery, have gone through school stuff and actually have had sex even. -sagil

  Wicoa

Hard Core Member

Joined: 1/08/07
Posts: 1233

5/17/11 2:51:10 PM#8

Looks like cryptic will die now a company cant run at a loss of 20 - 7.5 million each year.

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  Drakxii

Advanced Member

Joined: 10/05/08
Posts: 597

5/17/11 2:52:39 PM#9
Originally posted by SBFord

Oh....well, Obsidian wasn't very successful with NWN 2...hated that one. :(

 

 Eh I liked it...  Sides just think what Cyrptic would do with their OMG...

I will not play a game with a cash shop ever again. A dev job should be to make the game better not make me pay so it sucks less.

  Kenze

Apprentice Member

Joined: 4/24/07
Posts: 1235

5/17/11 2:54:09 PM#10

Dont worry! SOE will buy it. Place the games on Life support and ad them to their incredibly popular and wildly successful Station Lineup.

Watch your thoughts; they become words.
Watch your words; they become actions.
Watch your actions; they become habits.
Watch your habits; they become character.
Watch your character; it becomes your destiny.
—Lao-Tze

  Vesavius

Old School

Joined: 3/08/04
Posts: 6988

Players come for the game, but they stay for the people- Most Devs have forgotten this.

5/17/11 2:54:45 PM#11

I knew they wernt doing well, but...

 

"The studio, which recently took Champions Online free-to-play, showed a €5.3 million ($7.5 million) loss for the 2010/11 fiscal year, up from a loss of €12.6 million ($17.9 million) the previous year."

 

Somewhat of a shocker to me that they were still losing this kind of money.

 

  Distopia

Drifter

Joined: 11/22/05
Posts: 12066

Give it a rest

5/17/11 2:57:52 PM#12
Originally posted by vesavius

I knew they wernt doing well, but...

 

"The studio, which recently took Champions Online free-to-play, showed a €5.3 million ($7.5 million) loss for the 2010/11 fiscal year, up from a loss of €12.6 million ($17.9 million) the previous year."

 

Somewhat of a shocker to me that they were still losing this kind of money.

 

Pizza and stripper parties?

For every minute you are angry , you lose 60 seconds of happiness."-Emerson

If you can't argue the point don't say anything at all.
Waiting on The Repopulation.

  Vesavius

Old School

Joined: 3/08/04
Posts: 6988

Players come for the game, but they stay for the people- Most Devs have forgotten this.

5/17/11 2:59:19 PM#13
Originally posted by Malickie
Originally posted by vesavius

I knew they wernt doing well, but...

 

"The studio, which recently took Champions Online free-to-play, showed a €5.3 million ($7.5 million) loss for the 2010/11 fiscal year, up from a loss of €12.6 million ($17.9 million) the previous year."

 

Somewhat of a shocker to me that they were still losing this kind of money.

 

Pizza and stripper parties?

 

Has to be going somewhere :/

  Ebil_Piwat

Apprentice Member

Joined: 8/17/06
Posts: 209

5/17/11 3:00:33 PM#14
Originally posted by Kenze

Dont worry! SOE will buy it. Place the games on Life support and ad them to their incredibly popular and wildly successful Station Lineup.

 Yeah SOE after their recent accounts issue has the loose change to buy these. Something tells me SOE has other things to do with their money, like pay for credit monitoring for nearly 100 million players.

SWTOR. Face it, in the Scooby Doo Mystery Solving Van of coolness, this game is Velma. In this current MMO climate it has about as much chance for survival as a group of inquisitive teenagers in a 1980s slasher flick. -Tardcore May, 2011

  Distopia

Drifter

Joined: 11/22/05
Posts: 12066

Give it a rest

5/17/11 3:00:36 PM#15
Originally posted by vesavius
Originally posted by Malickie
Originally posted by vesavius

I knew they wernt doing well, but...

 

"The studio, which recently took Champions Online free-to-play, showed a €5.3 million ($7.5 million) loss for the 2010/11 fiscal year, up from a loss of €12.6 million ($17.9 million) the previous year."

 

Somewhat of a shocker to me that they were still losing this kind of money.

 

Pizza and stripper parties?

 

Has to be going somewhere :/

Definitely wasn't to their games.

For every minute you are angry , you lose 60 seconds of happiness."-Emerson

If you can't argue the point don't say anything at all.
Waiting on The Repopulation.

  Cecropia

Gumshoe

Joined: 3/06/09
Posts: 2984

Poacher killer.

5/17/11 3:02:51 PM#16
Originally posted by vesavius

I knew they wernt doing well, but...

 

"The studio, which recently took Champions Online free-to-play, showed a €5.3 million ($7.5 million) loss for the 2010/11 fiscal year, up from a loss of €12.6 million ($17.9 million) the previous year."

 

Somewhat of a shocker to me that they were still losing this kind of money.

 

Well, switching to F2P was definitely not the game saver they were hoping it would be. Interesting news to say the least.

"I agree that "unimaginable complexity" is absurd, but so is comparing a single player game to an mmo. It's like comparing masturbation to sex, they are similar in some respects, but really are not comparable." -jimdandy26

  bobfish

Apprentice Member

Joined: 2/10/06
Posts: 1417

5/17/11 3:04:30 PM#17

They are losing that kind of money because they pumping lots into Neverwinter development and still paying off the costs of developing STO & CO.


Think of this more like the RTW/APB scenario. In their current state the games are and Cryptic are making a loss, but once sold they have essentially wiped out their debt, so they, in theory, would be much more viable, maybe even profitable.


Not sure what I'd like to see happen here to be honest, a management buyout would be nice, alternatively another western publisher, last thing I want to happen is some Chinese company pick them up. Not because I have any issues with any of the Chinese MMO companies, but because they tend to put their own territory first and I don't think that is in the best interest of the current players.


  Talonsin

Spotlight Poster

Joined: 7/19/06
Posts: 835

5/17/11 3:26:00 PM#18

Anyone want to explain exactly what it means to "divest itself" of Cryptic?  I read that without Cryptics numbers included in their report that Atari actually showed a small profit.  Does this mean that Cryptic is now its own company and has to figure out what to do about its annual multi-million dollar loss?


  CujoSWAoA

Novice Member

Joined: 10/27/04
Posts: 1844

"Pablo Picasso said art is a lie that tells the truth."

5/17/11 3:37:19 PM#19

Atari is such a terrible company.... I'd be glad to lose ties with them.


  Zeplini

Apprentice Member

Joined: 4/08/08
Posts: 261

5/17/11 3:50:03 PM#20

sto and co are both terrible rush to market games that have damaged cyptics well hard and well earned reputation with city and heroes, they will never recover from the tripe they have released since the latter and this is the begining of the end.........


Playing: Guild Wars 2, WoW
Future: Age of Wulin

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