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Paragon Studios
MMORPG | Genre:Super-Hero | Status:Cancelled  (est.rel 04/27/04)  | Pub:NCSoft
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City of Heroes Forum » Paragon City Hall (General) » City of Heroes Closure Article in The Korea Times *MONEY* Section

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35 posts found
  therain93

Novice Member

Joined: 11/01/06
Posts: 2047

"Racing to endgame is like racing to the end of your vacation."

 
OP  12/05/12 7:13:41 AM#1

So, awareness and criticism of City of Heroes' closure is spreading.  The profile on it has been raised such that there's now a scathing article in the Korea Times Money section.  Not the gaming section mind you, the MONEY section.

Notable quotes:

"The Korean company announced in August that it plans to permanently shutdown servicing the 8-year-old game and terminated its Paragon Studios development team, despite the title continuing to bring in steady revenue."

"According to local industry analysts, the game has been bringing in 3 billion won ($2.76 million) every quarter. “It is hard to comprehend what NCsoft means when they said they closed it for strategic reasons,” one analyst said."

"NCsoft CEO Kim Taek-jin recently stated that he was planning a global acquisition in his bid to expand the company overseas. However, at first-glance the closure of CoH doesn’t seem in line with his plans."

"NCsoft’s image in Internet communities in the West is very negative. Some magazines writers have asked for boycotts, including Starburst Magazine which has 250,000 subscribers (the same as the firm’s Blade & Soul’s peak number). Other protests have spawned online."

"Meanwhile, NCsoft’s stock price continues to remain around 160,000 won, having more than halved from earlier in the year."

 

http://koreatimes.co.kr/www/news/biz/2012/12/602_126197.html

  gipper36

Novice Member

Joined: 10/16/11
Posts: 26

12/05/12 9:15:41 PM#2
i have so much hate for ncsoft
  trancejeremy

Apprentice Member

Joined: 1/30/08
Posts: 1218

12/05/12 10:30:31 PM#3
Grrrr. Definitely never buying another NCSoft game again.

R.I.P. City of Heroes and my 17 characters there

  Yizle

Novice Member

Joined: 4/24/10
Posts: 528

12/05/12 10:39:40 PM#4

You know I use to like NCSoft and would have understood if the game was losing money but its not.

 

  gipper36

Novice Member

Joined: 10/16/11
Posts: 26

12/06/12 9:34:41 AM#5
it was all politics and nothing more.koreans thought they were gonna cut a fat hog with the release of gw2,thinking coh/cov was gonna move over to gw2... think not ncsoft were loyal thru and thru.boycott all ncsoft die quick ncsoft for ending thee best mmo ever.btw this is dee freedom server trance,over 50 50's and going strong
  VikingGamer

Hard Core Member

Joined: 7/08/10
Posts: 1253

The strong are sometimes wrong but the weak are never free.

12/06/12 9:45:31 AM#6

This is the real problem with the CoX shutdown. That it makes no sense. You can kinda plan for what a company might do if you understand why they are doing something. Greedy? fine. Cutting losses? fine. Wanting to expand? fine. Any of those would make sense but near as I can tell with CoX, managment simply threw a fit, gathered up their toys and stormed off the playground. You simply can't trust a company to be consistent of they show that they are not.

I now have no desire to play any of their titles because I simply have no idea if that game is going to be running still a year from now.  Why get attached to something just to have it pulled away at random. I was married to a moody, flakey woman for 4 years. It was miserable. You never knew what to expect when you got home from work except that it was likely to not be pleasant. She's gone, for a reason and I don't need that sort of thing in my gaming either.

All die, so die well.
Join SOLA in ArcheAge.

  Vesavius

Old School

Joined: 3/08/04
Posts: 7147

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

12/06/12 9:46:58 AM#7

Taking a negative hit to the rep, which is the most valuable thing these companies have really, to make a boat load of profit I would understand to a point...

But to take that hit to kill a profitable studio with a dedicated playerbase (in a game that they have spent a lot of real money in a lot of cases) is actually pretty nuts.

What were they thinking? So much bad will generated over something that no one really understands.

I fear for Wildstar's future under this company...

  User Deleted
12/06/12 10:03:33 AM#8
I am honestly wondering if they were quietly paid off by Marvel or DC ownership with a non-disclosure agreement to kill the game so they wouldn't have to compete for players. Such has been done before and both have ownership capable of forking over the dollars to do so without breaking a sweat. And NCSOFT might well have been open to such a move considering their expansion aims. No way I know of to find out "right now" though...
  therain93

Novice Member

Joined: 11/01/06
Posts: 2047

"Racing to endgame is like racing to the end of your vacation."

 
OP  12/07/12 8:51:12 PM#9
Originally posted by Vesavius

Taking a negative hit to the rep, which is the most valuable thing these companies have really, to make a boat load of profit I would understand to a point...

But to take that hit to kill a profitable studio with a dedicated playerbase (in a game that they have spent a lot of real money in a lot of cases) is actually pretty nuts.

What were they thinking? So much bad will generated over something that no one really understands.

I fear for Wildstar's future under this company...

I can't imagine any Carbine Studios employees not backing up their assets the following Monday after Paragon Studio's closure announcement.  If that wasn't enough of a wake up call, the Seattle alignment really should have done it.

  hockeyplayr

Advanced Member

Joined: 9/27/10
Posts: 555

12/07/12 8:59:17 PM#10
and to think, I thought NCsoft was one of the better companies too..
  VendettaDFA

Novice Member

Joined: 11/26/12
Posts: 74

12/07/12 9:12:29 PM#11

How much of NCSoft does NEXON now own? curious......

almost feels similar to when Activision bought Blizzard.

  therain93

Novice Member

Joined: 11/01/06
Posts: 2047

"Racing to endgame is like racing to the end of your vacation."

 
OP  12/08/12 11:47:45 AM#12
Originally posted by VendettaDFA

How much of NCSoft does NEXON now own? curious......

almost feels similar to when Activision bought Blizzard.

14% and achange.  I believe it's majority, but not controlling.

  gaeanprayer

Novice Member

Joined: 8/06/08
Posts: 2360

12/08/12 12:02:09 PM#13

It was obvious long before posts like this news article that this was about politics, not revenue. It was making a profit, perhaps not tons, but enough to take care of itself and evidently enough to support a crew since there was a new issue incoming. It also had a bigger, more active community than most other still-live games its age. The firing and disassembling of the studio that made it, Paragon, speaks volumes about what's really going on behind the scenes, though my guess is they're under some obligation (probably due to severence pay) to keep it to themselves. That team could easily have been absorbed elsewhere, it wasn't a big one by any stretch, but NCSoft literally wanted the IP crushed into nothing, down to refusing to sell it off for anything close to reasonable.

It's as if they were embarassed by CoX.

"Forums aren't for intelligent discussion; they're for blow-hards with unwavering opinions."

  therain93

Novice Member

Joined: 11/01/06
Posts: 2047

"Racing to endgame is like racing to the end of your vacation."

 
OP  12/09/12 11:38:01 AM#14
Originally posted by gaeanprayer

It was obvious long before posts like this news article that this was about politics, not revenue. It was making a profit, perhaps not tons, but enough to take care of itself and evidently enough to support a crew since there was a new issue incoming. It also had a bigger, more active community than most other still-live games its age. The firing and disassembling of the studio that made it, Paragon, speaks volumes about what's really going on behind the scenes, though my guess is they're under some obligation (probably due to severence pay) to keep it to themselves. That team could easily have been absorbed elsewhere, it wasn't a big one by any stretch, but NCSoft literally wanted the IP crushed into nothing, down to refusing to sell it off for anything close to reasonable.

It's as if they were embarassed by CoX.

There were about 80 staff working at the time, allegedly half of them on developing a new project...

  Xondar123

Gumshoe

Joined: 11/08/07
Posts: 2601

12/10/12 12:26:11 AM#15
I hate NCSoft.
xondar10 Xfire Miniprofile
  Rednecksith

Apprentice Member

Joined: 6/12/09
Posts: 1272

Bite my fiery metal ass!

12/10/12 12:34:05 AM#16

NCSoft will NEVER see another dime of my money. They're just as bad as EA.

Sucks though because Wildstar actually looks pretty damn good. Maybe Carbine will wake up and switch to a better publisher. One can hope, anyway.

  DSWBeef

Advanced Member

Joined: 8/11/09
Posts: 771

12/10/12 12:37:46 AM#17
All these threats of "not buying another ncsoft" game are empty. We all know you will spend money in GW2, blade and soul, wildstar, aion, and any future titles. Honestly, ITS A VIDEO GAME. Life goes on.

Playing: Archeage Alpha, War Thunder, World of Tanks
Waiting on: Archeage, Wild Star, Everquest Next and The Black Desert

  therain93

Novice Member

Joined: 11/01/06
Posts: 2047

"Racing to endgame is like racing to the end of your vacation."

 
OP  12/12/12 6:01:38 AM#18
Originally posted by DSWBeef
All these threats of "not buying another ncsoft" game are empty. We all know you will spend money in GW2, blade and soul, wildstar, aion, and any future titles. Honestly, ITS A VIDEO GAME. Life goes on.

It's a consumer product -- vote with your wallet. NCsoft has a bad history of doing this to its consumers and they're tired of it. What do you have against that and why the compulsion to come into these threads and tell us to basically suck it up? If you want to reward companies like NCsoft with your money, that's fine and all, but I don't see the need to shutdown any attempts at consumer awareness, which is what you and a few others appear to be trying to do.

  superniceguy

Elite Member

Joined: 2/17/07
Posts: 2277

NGE, LOTRO, STO, KOTOR, Lego Star Wars > NGE 2 (SWTOR). SWG>ALL. Above hopefully subject to change.

12/12/12 6:25:23 AM#19
Originally posted by DSWBeef
All these threats of "not buying another ncsoft" game are empty. We all know you will spend money in GW2, blade and soul, wildstar, aion, and any future titles. Honestly, ITS A VIDEO GAME. Life goes on.

It is not that difficult, NC Soft have not got any interesting game. Wildstar looks too simplistic, Blade of Soul does not look worthwhile.

Life goes on, and got better things to do with my time and money than trust it on NC Soft again. They did not just mess around with just City of Heroes, they also shut down Tabula Rasa and Auto Assault and maybe others I did not play too, without decent reason.

NC Soft have a history of shutting down games in NA/EU too easily. If I was Korean I would not avoid NC Soft, as that is where their loyalties lie, and the chances of games shutting down will be the same as everywhere, but for NA/EU they will pull the plug on any game at any time.

I am more upset about SWG closing than I am of City of heroes, but the closure of COH is just plain wrong, and in the end it did not save more jobs from being lost (about 80 people lost their jobs under Paragon Studios, and then earlier this month, more people within NC Soft lose their jobs too), and they do not seem to have a good business sense. I suppose LA managed to get more money from SWTOR than SWG for 2012, but I bet if SWG stayed going they could have gotten more money in the longterm from it. NC Soft are still losing money despite all those job cuts. 

It is hard to be mad at Lucasarts now, as they are now no more, and bought up by Disney. I wish NC Soft would sell out, and let a US/EU company deal with the US/EU market of their games.

AION is with Gameforge now, not NC Soft for EU, although I assume NC Soft has the power to shut it down, and Gameforge / Areanet are like Paragon Studios, where they do not get the say whether the games stay active or not, but NC Soft still do.

  Loktofeit

Elite Member

Joined: 1/13/10
Posts: 12113

Currently playing EVE, SMITE, Wildstar, and Combat Arms

12/12/12 6:36:14 AM#20
Originally posted by superniceguy
Originally posted by DSWBeef
All these threats of "not buying another ncsoft" game are empty. We all know you will spend money in GW2, blade and soul, wildstar, aion, and any future titles. Honestly, ITS A VIDEO GAME. Life goes on.

It is not that difficult, NC Soft have not got any interesting game. Wildstar looks too simplistic, Blade of Soul does not look worthwhile.

Life goes on, and got better things to do with my time and money than trust it on NC Soft again. They did not just mess around with just City of Heroes, they also shut down Tabula Rasa and Auto Assault and maybe others I did not play too, without decent reason.

NC Soft have a history of shutting down games in NA/EU too easily.

Your emotions have long since gotten the better of you. Good to read that you're moving on, though.

"And wikipedia is as accurate as Britannica. Wikipedia is very reliable. You would be hard pressed to find a more reliable source for these kinds of things." -fovoroth

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