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Reader Comments (119)

Posted: May 17th 2011 3:38PM Slayblaze said

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Bad news indeed, hopefully there is a silver lining somewhere to be found in the form of a new buyer for the studio.

Posted: May 17th 2011 6:05PM JoolaPrime said

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@Slayblaze
Yup, that a half decent outfit starts developing the NWN MMO
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Posted: May 17th 2011 6:26PM Deusdictum said

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@Slayblaze The silver lining is that Jack Emmert will get a break from ruining games. May it be a long one.
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Posted: May 18th 2011 9:06AM real65rcncom said

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@Slayblaze
"We've got some bad news for fans of Cryptic Studios, creator of Champions Online and Star Trek Online. Cryptic's parent company Atari stated in an earnings report today that it is writing Cryptic off as a "discontinued operation" and plans to sell the studio."
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More like bad news for employees of Cryptic than for the fans. Fans tend to move along and get other games pretty quickly.

Games get picked up, games don't get picked up.. meh. Just show me the next game.
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Posted: May 17th 2011 3:39PM Germaximus said

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Well it does make sense to chase that mobile gaming community down. Its ever expanding and wont stop.

Posted: May 17th 2011 3:39PM (Unverified) said

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Essentially Atari is slowly killing itself. Smaller and more profitable seems to me to suggest that they will more likely become the sub-studio instead of the big overarching studio. Maybe CBS should pick them up directly, but more likely is that EA will buy them.

Posted: May 17th 2011 3:39PM Saerain said

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Neverwinter is in danger? Where's my pitchfork?

Posted: May 17th 2011 3:40PM Aganazer said

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I wonder what this means for Neverwinter.

Posted: May 17th 2011 3:40PM BGExorcist said

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What about neverwinter

Posted: May 17th 2011 3:42PM Borick said

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And another one bites the dust.

Posted: May 17th 2011 3:42PM Firix said

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Basically, Atari (the current owners of Cryptic) are changing their focus to smaller mobile games etc and outsourcing everything.

Thus, they want to sell Cryptic to get a big influx of cash now.

Cryptic is still Atari's biggest money maker, but they aren't doing that sort of thing any more.

Hopefully whoever buys Cryptic can give them more funding so they can get a bigger Dev team and churn out content even faster.

Posted: May 17th 2011 3:59PM edgecrusherO0 said

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@Firix

Did you read the article? How can you be a "money maker" when you are recording losses through the past two fiscal years? Do you have any evidence that they were somehow the biggest "money maker" for Atari?
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Posted: May 17th 2011 4:52PM Skyydragonn said

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@edgecrusherO0
Actually there was an article not too long ago citing that Crypic was the primary source of Atari's revenue last year and this year, despite atari suffering an overall down year, Cryptic was not at fault for the downturn in revenue.
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Posted: May 17th 2011 5:25PM Streamweaver said

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@Skyydragonn Cryptic operated at a loss last year as it states. Vague citations to articles aside, if you didn't make any money last year you can't be their biggest money maker.
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Posted: May 17th 2011 6:00PM Revolting said

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@Streamweaver This is not true. While it might seem that "Operating at a loss" and "Biggest money maker" are contradictory terms, they are actually not necessarily mututally exclusive. If Product A and Product B both fail to produce profit, but Product B comes the closest to breaking even, Product B is the biggest money maker of the two, even though production of Product B is resulting in loss. It's also worth noting that this very article states that although there was a huge loss this year, it was less than half the loss of last year... less loss is more money earned, even if the overall net earnings have not yet hit positive numbers.
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Posted: May 17th 2011 6:49PM Skyydragonn said

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@Revolting
Thank you for explaining it. I would have thought that people chiming in on finacial issues would have that basic understanding already, silly me. I forget I'm using the internet sometimes. Guess next time I'll save others the trouble and put in the long form explanation :)
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Posted: May 17th 2011 7:16PM Firix said

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@Streamweaver If you read the article, Atari has the losses, not Cryptic (Massively mis-quoted it) and that Atari's losses are a lot less than they were last year. From the financial report earlier in the year, most of that reduction in loss comes from Cryptic, namely Champions Online and Star Trek Online
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Posted: May 17th 2011 7:41PM (Unverified) said

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@Revolting You are confusing Revenue with Profit. A product can be a revenue maker but if it runs with a net loss each fiscal period is not a "Money Maker" of any sort. Atari does derive a huge chunk of their revenue from from Cryptic studios but if they aren't making any profit from it the division is dragging down the rest of the divisions.

Also, I am impressed that Cryptic made it this far and thankfully the next DnD online experience won't be with Cryptic. Time to call Turbine and let them make a game worth playing.
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Posted: May 17th 2011 7:48PM Firix said

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@(Unverified) Wrong. Cryptic makes profit. Atari has year on year made a loss, before they even owned Cryptic.

Cryptic's profits have lessened their losses considerably.
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Posted: May 17th 2011 8:58PM Streamweaver said

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@Firix I'm sorry but reading it and I don't see what you're saying there. Please not that when I say "it' I mean the actual earnings report and not the article http://www.atari.com/dyncontent/atari/uploads/PR_ATAR_FY10-11_20110517_1.pdf

It seems pretty clear that, although the 2nd half numbers themselves are better. The overall yearly loss is very high.
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