What happens when this game with a 100 million $ budget fails?
Do we end up paying for it? It's bank money right, so it's tax payers money, and if it fails they would most likely file for bankruptcy.
Don't you think the budget is strange and way too risky. Does it remind you of APB?
Well... two options if you're truly worried:
1. Go to work for the bank that gave out this loan and ensure that it's secure and proper risk-analysis was done.
2. Be sure to buy this game, get all your friends to buy it and do everything in your power as a consumer to prevent its failure so that the company doesn't have to file for bankruptcy.
Given that the majority of the money is already spent, the second option is probably best. The earlier you put in your pre-order, the better it is for publicity and eventual commercial success. I suggest signing up for newsletter and pre-ordering ASAP if you want to stave off the bankruptcy.
To answer other questions:
The budget seems to be in-line with the type of game and other other similar games in the industry.
No, it in no way reminds me of APB.
p.s. this could be a whole new mmo marketing wave:
RIFT: BUY IT FOR THE POOR. BUY IT FOR YOUR COUNTRY!
DO THE RIGHT THING: BUY RIFT!
SUPPORT THE ECONOMY: THE FUTURE OF TELARA IS THE FUTURE OF THE USA!
"Id rather work on something with great potential than on fulfilling a promise of mediocrity."
- Raph Koster
Tried: AO,EQ,EQ2,DAoC,SWG,AA,SB,HZ,CoX,PS,GA,TR,IV,GnH,EVE, PP,DnL,WAR,MxO,SWG,FE,VG,AoC,DDO,LoTRO,Rift,TOR,Aion,Tera,TSW,GW2,DCUO,CO,STO Favourites: AO,SWG,EVE,TR,LoTRO,TSW,EQ2, Firefall Currently Playing: ESO
What bank are you talking about...is some government funding this game somewhere, taxing you for it?
Most likely, you don't find 100 million $ just laying around in the street. It's likely a bank loan, which means you and I are funding it.
Um, what? You do realize that most banks are private enterprises, and if they lend a company a ton of cash and that company goes under, its the bank that eats the loss and not the tax payers?
The type of bank that would loan a company 100 million for a risky investement isn't some two bit backwoods operation, investment banks have billions of dollars in capital and someone defaulting on a 100 million loan isn't going to sink em, and even if it did, the tax payers wouldn't pay for it, it would be seized by the FDIC, depositors compensated by FDIC insurance which banks have to pay into "in case shiat happends".
The banks assets would then be hacked up and sold off to settle its other debts, at no point would tax payers get involved.
You really need to turn off Fox News and step away from the tv, god damn...
Um, what? You do realize that most banks are private enterprises, and if they lend a company a ton of cash and that company goes under, its the bank that eats the loss and not the tax payers?
eh, no
The fed lends banks credit in loans, each major bank can go over that credit in debt, which gets written off as debt to the Fed. That debt is money you and I pay for, debt the Fed makes is debt you work for each day, they're tax dollars.
Each baby born in the US is thousands of dollars in debt to the Fed when they get born.
You need to look up how banks and the Fed work, bank loans are government subsidised loans through the Fed.
Originally posted by Jinaar Um, what? You do realize that most banks are private enterprises, and if they lend a company a ton of cash and that company goes under, its the bank that eats the loss and not the tax payers?
where the hell have you been the last two years..under a rock? can we say TARP ?
Current games playing: MechWarrior Online Games being watched: Project Genom Favorite played games: SWG, RomaVictor, and Xsyon
The fed lends banks credit in loans, each major bank can go over that credit in debt, which gets written off as debt to the Fed. That debt is money you and I pay for, debt the Fed makes is debt you work for each day, they're tax dollars.
Each baby born in the US is thousands of dollars in debt to the Fed when they get born.
You need to look up how banks and the Fed work, bank loans are government subsidised loans through the Fed.
Debt to the fed is still debt, those banks have to pay that money back eventually, if they cannot and go under the government will seize the bank and pawn off its assets to get its money back. The tax payers dont just automatically eat the losses banks incur.
Why should it be bank loans at all? They got several investors, two of them being Time Warner and NBC Universal, 20$ from each is pocket money for them.
Under the OP's logic every business in the entire world is subsidized by the US Federal Government, as nearly ALL businesses require a loan at some point to either be created or continue to exist.
Failed logic means you are misinformed. If they take out a loan and you dont BUY the game, then you are NOT paying for it in any way. It's simple really. Now if the game however was given money from a state or federal GRANT then that would be a different story.
Some countries actually do this but it is very rare in the US except when a certain state is trying to attract new business in a certain field. These are generally in entertainment though not tech startups. Game Studios are entertainment business in a way but they aren't considered part of the entertainment industry, and as a result they rarely get state or federal grants that are meant for those industries.
So basically if the game fails NOTHING happens to the people who didnt buy it.
Um, what? You do realize that most banks are private enterprises, and if they lend a company a ton of cash and that company goes under, its the bank that eats the loss and not the tax payers?
where the hell have you been the last two years..under a rock? can we say TARP ?
TARP money that banks got wasn't "free money", it had heavy strings attached and most banks already paid that money back to the government with interest. In fact, the government actually made money on the bank bailout.
Unfotunatelly, it wasn't just banks that took TARP money, but thats not really important to this topic.
What happens when this game with a 100 million $ budget fails?
Do we end up paying for it? It's bank money right, so it's tax payers money, and if it fails they would most likely file for bankruptcy.
Don't you think the budget is strange and way too risky. Does it remind you of APB?
$100mil is what the company used to create the technology that will be used across all 3 of it's games (Rift, End of Nations, and the Syfy MMO). This tech is something they plan on licensing out to other online game developers, so even if the games fail money can still be made off the systems they created.
$50 million for an MMO nowadays is pretty standard - hell for many games even. With box sales/download sales and even a minimal playerbase paying a subscription this money can be made back easily. $50 million is 1million sales at $50, so even if the game sells half that, the monthly subscriptions will pick up the rest.
And no, we won't end up paying for it. Most of that money came from private investors and VCs. If Trion fails miserably most of these investors will get their money back through liquidation of the company.
Will Trion fail miserably? Who knows. I for one don't think they will crash and burn, and the developers seem to have pretty fair expectations for how well the games will do. They don't even hint at aiming for the crown, and this can even be seen in interviews where journalists make comments about taking on WoW... The devs don't even really respond to it.
Now in your eyes it might fail because it doesn't live up to some artificial standard of success you might have in mind, but only time will truely know and tell.
There are 3 types of people in the world. 1.) Those who make things happen 2.) Those who watch things happen 3.) And those who wonder "What the %#*& just happened?!"
It is rare that the government actually go in and pay money to a bank, I would worry more about cars instead of games.
If the game tanks completely then the investor (or bank) will have to cover the losses but they already payed up most of the money. If the game is funded by a bank that will go down if they wont get the money invested back then the government might either buy the bank or cover the regular peoples saving accounts but it is unlikely.
If it tanks then Trion will go down, we will play GW 2, TOR, TERA or something else and the investors will curse but that is most likely about it.
But there is a big difference between this and APB, Trion have a lot better crew and are making a more traditional MMO. That might of course be a bad thing but if it is good it will be a game that the players that are quitting Wow can go to.
Of course if I wanted to put stock in a future MMO my money would be on GW2 and whatever Blizzard is making. TOR seems to expensive to be interesting and Rift seems a bit risky to me, it can be great or suck, I am not sure which from what I seen so far.
Wow, the OP has the right name donkey! what a load of nonsense... the governments dont loan to game companies, especially a few million. Neither does the taxpayer fund a failed company. A couple of minutes of your time to look up Trion on the net and their company (not game) website states that they work with leading Venture capital companies. These companies are the big investors that take reasonably high risks.... to make high profits when and if it takes off. Most big projects entertainment or otherwise are funded by venture capitalists.
Wow, the OP has the right name donkey! what a load of nonsense... the governments dont loan to game companies, especially a few million. Neither does the taxpayer fund a failed company. A couple of minutes of your time to look up Trion on the net and their company (not game) website states that they work with leading Venture capital companies. These companies are the big investors that take reasonably high risks.... to make high profits when and if it takes off. Most big projects entertainment or otherwise are funded by venture capitalists.
Where have you been the last few years? Governments all over the world bailed out failed companies with taxpayer dollars.
In Canada the government has subsidies that companies can apply for to fund their endeavours.
lol this is funny, you obviously dont understand how a game gets money. They find venture capitalists who want to invest or put money into it. So when a game fails they either owe the money or the venture capitalists pay for it.
Wow... here we go again. Jaded mmo players talking about a game failing before its even out. If you don't like the game,don't play it and you will not be affected. Jesez christ.
"Buttler helped found Trion in 2006, and the company has since raised $100 million in venture capital from investors including GE/NBC and Time Warner, among others."
No banks.
Venture capital doesn't mean it's not a bank loan.
It doesn't mean I didn't give them the money either. Also, you're ignoring the next words following "venture capital" which indicate private investors.
Neither of us know.
Please tell me at least one of you knows what a venture capitalist is.
*HINT* It is more than just being a private investor.
Trion didn't invest $100 million into this game. If the OP can't be bothered to do accurate research and get the facts correct before expressing a "concern" then he is just trolling. Now, $100 million was raised from investors, sure, but not solely for this game.
"Many nights, my friend... Many nights I've put a blade to your throat while you were sleeping. Glad I never killed you, Steve. You're alright..."
Comments
What happens when the sun fails!!!!
거북이는 목을 내밀 때 안 움직입니다
Well... two options if you're truly worried:
1. Go to work for the bank that gave out this loan and ensure that it's secure and proper risk-analysis was done.
2. Be sure to buy this game, get all your friends to buy it and do everything in your power as a consumer to prevent its failure so that the company doesn't have to file for bankruptcy.
Given that the majority of the money is already spent, the second option is probably best. The earlier you put in your pre-order, the better it is for publicity and eventual commercial success. I suggest signing up for newsletter and pre-ordering ASAP if you want to stave off the bankruptcy.
To answer other questions:
The budget seems to be in-line with the type of game and other other similar games in the industry.
No, it in no way reminds me of APB.
p.s. this could be a whole new mmo marketing wave:
RIFT: BUY IT FOR THE POOR. BUY IT FOR YOUR COUNTRY!
DO THE RIGHT THING: BUY RIFT!
SUPPORT THE ECONOMY: THE FUTURE OF TELARA IS THE FUTURE OF THE USA!
"Id rather work on something with great potential than on fulfilling a promise of mediocrity."
- Raph Koster
Tried: AO,EQ,EQ2,DAoC,SWG,AA,SB,HZ,CoX,PS,GA,TR,IV,GnH,EVE, PP,DnL,WAR,MxO,SWG,FE,VG,AoC,DDO,LoTRO,Rift,TOR,Aion,Tera,TSW,GW2,DCUO,CO,STO
Favourites: AO,SWG,EVE,TR,LoTRO,TSW,EQ2, Firefall
Currently Playing: ESO
Um, what? You do realize that most banks are private enterprises, and if they lend a company a ton of cash and that company goes under, its the bank that eats the loss and not the tax payers?
The type of bank that would loan a company 100 million for a risky investement isn't some two bit backwoods operation, investment banks have billions of dollars in capital and someone defaulting on a 100 million loan isn't going to sink em, and even if it did, the tax payers wouldn't pay for it, it would be seized by the FDIC, depositors compensated by FDIC insurance which banks have to pay into "in case shiat happends".
The banks assets would then be hacked up and sold off to settle its other debts, at no point would tax payers get involved.
You really need to turn off Fox News and step away from the tv, god damn...
eh, no
The fed lends banks credit in loans, each major bank can go over that credit in debt, which gets written off as debt to the Fed. That debt is money you and I pay for, debt the Fed makes is debt you work for each day, they're tax dollars.
Each baby born in the US is thousands of dollars in debt to the Fed when they get born.
You need to look up how banks and the Fed work, bank loans are government subsidised loans through the Fed.
Collector's editions are scams.
where the hell have you been the last two years..under a rock? can we say TARP ?
Current games playing: MechWarrior Online
Games being watched: Project Genom
Favorite played games: SWG, RomaVictor, and Xsyon
Debt to the fed is still debt, those banks have to pay that money back eventually, if they cannot and go under the government will seize the bank and pawn off its assets to get its money back. The tax payers dont just automatically eat the losses banks incur.
Why should it be bank loans at all? They got several investors, two of them being Time Warner and NBC Universal, 20$ from each is pocket money for them.
Under the OP's logic every business in the entire world is subsidized by the US Federal Government, as nearly ALL businesses require a loan at some point to either be created or continue to exist.
Failed logic means you are misinformed. If they take out a loan and you dont BUY the game, then you are NOT paying for it in any way. It's simple really. Now if the game however was given money from a state or federal GRANT then that would be a different story.
Some countries actually do this but it is very rare in the US except when a certain state is trying to attract new business in a certain field. These are generally in entertainment though not tech startups. Game Studios are entertainment business in a way but they aren't considered part of the entertainment industry, and as a result they rarely get state or federal grants that are meant for those industries.
So basically if the game fails NOTHING happens to the people who didnt buy it.
The end,
`Shark
TARP money that banks got wasn't "free money", it had heavy strings attached and most banks already paid that money back to the government with interest. In fact, the government actually made money on the bank bailout.
Unfotunatelly, it wasn't just banks that took TARP money, but thats not really important to this topic.
$100mil is what the company used to create the technology that will be used across all 3 of it's games (Rift, End of Nations, and the Syfy MMO). This tech is something they plan on licensing out to other online game developers, so even if the games fail money can still be made off the systems they created.
$50 million for an MMO nowadays is pretty standard - hell for many games even. With box sales/download sales and even a minimal playerbase paying a subscription this money can be made back easily. $50 million is 1million sales at $50, so even if the game sells half that, the monthly subscriptions will pick up the rest.
And no, we won't end up paying for it. Most of that money came from private investors and VCs. If Trion fails miserably most of these investors will get their money back through liquidation of the company.
Will Trion fail miserably? Who knows. I for one don't think they will crash and burn, and the developers seem to have pretty fair expectations for how well the games will do. They don't even hint at aiming for the crown, and this can even be seen in interviews where journalists make comments about taking on WoW... The devs don't even really respond to it.
Now in your eyes it might fail because it doesn't live up to some artificial standard of success you might have in mind, but only time will truely know and tell.
There are 3 types of people in the world.
1.) Those who make things happen
2.) Those who watch things happen
3.) And those who wonder "What the %#*& just happened?!"
It is rare that the government actually go in and pay money to a bank, I would worry more about cars instead of games.
If the game tanks completely then the investor (or bank) will have to cover the losses but they already payed up most of the money. If the game is funded by a bank that will go down if they wont get the money invested back then the government might either buy the bank or cover the regular peoples saving accounts but it is unlikely.
If it tanks then Trion will go down, we will play GW 2, TOR, TERA or something else and the investors will curse but that is most likely about it.
But there is a big difference between this and APB, Trion have a lot better crew and are making a more traditional MMO. That might of course be a bad thing but if it is good it will be a game that the players that are quitting Wow can go to.
Of course if I wanted to put stock in a future MMO my money would be on GW2 and whatever Blizzard is making. TOR seems to expensive to be interesting and Rift seems a bit risky to me, it can be great or suck, I am not sure which from what I seen so far.
Wow, the OP has the right name donkey! what a load of nonsense... the governments dont loan to game companies, especially a few million. Neither does the taxpayer fund a failed company. A couple of minutes of your time to look up Trion on the net and their company (not game) website states that they work with leading Venture capital companies. These companies are the big investors that take reasonably high risks.... to make high profits when and if it takes off. Most big projects entertainment or otherwise are funded by venture capitalists.
Where have you been the last few years? Governments all over the world bailed out failed companies with taxpayer dollars.
In Canada the government has subsidies that companies can apply for to fund their endeavours.
lol this is funny, you obviously dont understand how a game gets money. They find venture capitalists who want to invest or put money into it. So when a game fails they either owe the money or the venture capitalists pay for it.
Not unless you are Korean.
Saying a game will fail before it's even beenm released is stupid.
We all put our hopes and dreams into the next big thing.
Forever looking for employment. Life is rather dull without it.
Please tell me at least one of you knows what a venture capitalist is.
*HINT* It is more than just being a private investor.
lol no kidding, and what does the S at the end of Donkeys stand for? I have a guess but I don't want to say it :P
Maybe the same as HorseS
no. APB looked like crap from the start. Rift looks awesome.
LOL! I can't even believe you posted that. I needed a good chuckle today.
Trion didn't invest $100 million into this game. If the OP can't be bothered to do accurate research and get the facts correct before expressing a "concern" then he is just trolling. Now, $100 million was raised from investors, sure, but not solely for this game.
"Many nights, my friend... Many nights I've put a blade to your throat while you were sleeping. Glad I never killed you, Steve. You're alright..."
Chavez y Chavez
''when this game fails'' ? Don't you mean ''IF this game fails'' ? I would really like to know what makes you think this game is a living corpse..
I am not American, but I think it's safe to assume that the American government is NOT funding this game.