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Tabula Rasa “financial disaster”, says Korean Times

Tuesday, 19th February 2008 13:35 GMT By Patrick Garratt

tabularasa2.jpg

According to this, Korean journalist Cho Jin-seo has published a piece in the Korean Times about Tabula Rasa, saying that “some downsizing in Austin is inevitable” after the game has “has proven to be a financial disaster”.

“NCsoft CFO Lee Jae-ho did state that some downsizing in Austin is inevitable. But he also indicated in the conference call that he has hope that TR will improve its revenue stream over time.

NCsoft has committed to putting several million dollars more into further developing TR.

TR is launching in Japan later this year. Considering that Richard Garriott’s games have done well in Japan, this will only help to bolster the game’s population.

There will be some reduction at the Austin Studio, but only on the TR team. This isn’t shocking by the way. MMOs normally ramp up their staff during development and leading up to launch, then reduce it after. Fact is, some of the TR team has already transitioned over to other internal dev teams.”

Tabula Rasa was shown in recent financials to have taken over $5 million in revenue since it launched last autumn.

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5 Comments

  1. Blerk

    Is there anything more risky than developing an MMORPG? Aside from developing a bestiality simulator?

    #1 7 years ago
  2. ran93r

    I think the demand is there for an MMO other than one based in a typical fantasy setting but as much as I really wanted to like TR, the beta didn’t really do it for me. It doesn’t help that I’m still playing other, more polished, longer running MMO’s that I’m reluctant to give up on so easily but I am still watching what goes on with TR and will jump back in again at some point. Some mould breaking needs to be going on to generate the interest, TR does try and five meeelion in revenue looks like a nice number, although I have nothing on hand to compare it to and no idea what it cost to develop.

    #2 7 years ago
  3. CrunchGear » Archive » Tabula Rasa “a financial disaster” - developers confirm downsizing of Austin studio

    [...] Points on both sides. Only time will tell who is right, but I think I have a pretty good idea. [via videogaming247 and Rock, Paper Shotgun] tr { border: 0px } td { cellborder: 10px; padding:5px; } table { border: [...]

    #3 6 years ago
  4. CrunchArcade: Tabula Rasa “a financial disaster” - developers confirm downsizing | official tech news

    [...] Points on both sides. Only time will tell who is right, but I think I have a pretty good idea. [via videogaming247 and Rock, Paper [...]

    #4 6 years ago
  5. videogaming247 » Blog Archive » Tabula Rasa missing from NCSoft Q1 financials

    [...] had a rough time of it since its release. As earlier as February this year the game was labelled a financial disaster: the rumours of haven’t gone [...]

    #5 6 years ago

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