Tabula Rasa “financial disaster”, says Korean Times

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


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.