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The Secret World Sells Only 200K, Funcom Suffers High Losses

By Landon Robinson | 29 August 2012 | 4 Comments   

secretworld

The financial report for developer Funcom is out and displaying unfortunately poor results for its last quarter of business. This news comes despite the launch of its newest MMO, The Secret World, which has reportedly sold just over 200,000 copies since its launch on June 29 – a sad shame, given that more than 500,000 signed up during the game’s beta phase, as Destructoid points out.

Funcom puts the blame for the title’s low sales on low scores from the press alongside generally unfortunate timing, specifically the game’s launch in the overlapping windows of Diablo III and Guild Wars 2. As a result of these financial woes, the company will be severely cutting costs, which includes dropping team members. Gamesindustry.biz points out that the company suffered a massive loss of $49 million, staggeringly high compared to the previous year’s report of $3 million.

Going forward, the team at Funcom plans to focus on games that require far less development time and cost to produce and ship. Their first project in tow is a free-to-play LEGO MMO.

Let’s just hope it performs better than the first Lego MMO.

4 Comments

  1. Posted by Tom on 29 August 12 at 12:45pm

    people dont want to pay monthly fee, why in 2012 there still do hat shit?

    • Posted by Mark on 29 August 12 at 3:16pm

      It’s not the monthly fees the problem, it’s a concoction of the game being retail, monthly fees AND micro transaction, that plus the fact that the game is mediocre at it’s finest.

      The game looks good, but it’s a generic third person shooter with mild mmo elements, I played the beta and was not impressed, felt like City of Heroes without the silly costumes.

  2. Posted by Chris on 29 August 12 at 2:49pm

    I would buy if i wasn’t still saving for a new pc. But I agree people hate monthly fees

  3. Posted by David Martinez on 31 August 12 at 1:31pm

    Well I tried to buy the game but the system was broken and it didn’t accept any credit card. I think a lot of people was having this issue.

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