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Age of Conan subs hit 100,000, Funcom CFO resigns following $23.3 million loss

Monday, 23rd February 2009 15:30 GMT By Patrick Garratt

ageofconan14

Funcom CFO Olav Sandnes has resigned after Funcom’s Q4 results showed a $23.3 million loss.

A stumbling Age of Conan was blamed for the decline. E24′s estimated today that subs for the MMO are now as low as 100,000.

“Funcom is a company with a substantial potential based on a unique combination of skill sets in a fast growing global market. I wish Trond Aas and the rest of the organisation all the best in realising the full potential of the company,” said Sandnes.

While Funcom’s cash position remains solid at $39.4 million, the company reported a full-year net loss of $33.8 million.

Thanks, GI.

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4 Comments

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  1. El_MUERkO

    100,000 is a number they can build on, if they time expansions for lulls in WoW and WAR releases they can get attention and hopefully boost numbers

    i just hope future MMO releases pay attention and get their product right before release so we see less MMOs hit the skids so early in their lifespan

    #1 5 years ago
  2. Captain Fruitloop

    I think the only really important thing we need to know from this story is that Funcom’s CEO is called Trond Aas.

    /insert juvenile snigger here

    #2 5 years ago
  3. Retroid

    Don’t forget; Dave Perry thinks single player games are on their way out! :D

    #3 5 years ago
  4. ShiroGamer

    just in time when i was gonna give it a try :(
    but am anyways :P

    #4 5 years ago