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CCP write of $21.4M worth of code - Taking bets on whats been killed

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Malcanis
Vanishing Point.
The Initiative.
#61 - 2014-03-18 19:14:28 UTC
Billy Hix wrote:
OK so from CCP financials

Quote:
On page 22, you'll find CCP taking a 21.4 million USD "derecognition" hit. The note for that says the following:

During the year the company assessed its capitalized development assets and determined that a portion of those assets would likely not have future economic benefits. IAS 38 requires that such assets should be derecognized and removed from the balance sheet. The expense related to the derecognized assets are presented as part of research and development expense in the statement of comprehensive income.


So taking bets on what has been written off...


Drones, they're gone. Both sorts, before you ask.

Battlecruisers have been recognised as an irredeemable deadweight balancing error. They're gone.

7500 systems is too many. It's a pain in the ass to write the node balancing, and let's face it, they're all pretty much the same. We're going down to 4 hi-sec, 4 lo-sec and 8 0.0 regions. And they're just going to be called after their NPC inhabitants.

The 20 least used modules are getting cut. Everyone say goodbye to the Cap Flux Coil. The Dual 150mm Railgun. The meta 1 small MWD. And 17 more that you never heard of. They're gone.

Racial haulers were always dumb and made no sense to anyone ever. They're gone. It's just ORE now.

COSMOS. That's gone.

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
Malcanis
Vanishing Point.
The Initiative.
#62 - 2014-03-18 19:15:27 UTC
And every time someone complains about the list, 1 more thing gets added.

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
Billy Hix
Dreddit
Test Alliance Please Ignore
#63 - 2014-03-18 19:21:59 UTC  |  Edited by: Billy Hix
Malcanis wrote:
And every time someone complains about the list, 1 more thing gets added.


Wait, if I keep moaning, you keep removing?

Worship me minions or I Billy the great and powerful will force Malcanis to remove everything until Hilmar is left with nothing but his $1000 Japanese Jeans

EDIT: I see what you really mean is you can't wait to let us know what it is
rodyas
Tie Fighters Inc
#64 - 2014-03-18 19:31:45 UTC
The paper states at the bottom of page 23 that in 2012 millions were lost to depreciation of EVE online only. Then in 2013 it states Dust 514 and EVE online are responsible for the huge million dollar hit.

Also the paper shows the retained earnings CCP had and it was above 30 million I believe and they used that to cover the huge loss.

The only hard part is the loans CCP has to still pay off, without the nice extra income CCP was to make off of DUST, but they have enough cash and earlier profits to pay those off. It just more boring now, instead of fun and unpredictable.

Signature removed for inappropriate language - CCP Eterne
DaReaper
Net 7
Cannon.Fodder
#65 - 2014-03-18 19:42:53 UTC
Wulfgar WarHammer wrote:
Tippia wrote:
Wulfgar WarHammer wrote:
This game requires specific hardware that I'd venture to guess 2-5% of PC gamers actually own, and that number won't grow too much.
So what you're saying is that Valkyrie will easily have several millon customers since it will probably be a marquee title for the platform, which means that revenues could be somewhere in the region of $100M.


What I'm saying is that I am throwing random percentages out of my ass.

But the point I am trying to make is that they are targeting a niche audience out of a niche audience, and asking that niche of the niche to lay down 500$ in hardware to play it.

Once some of you start spending your own money instead of your parents, like the rest of us do, you'll realize that spending 500$ on computer games, when it could go to your kids, house, retirement, etc, is a ridiculous proposition.

If the game would target a broader market, it would be a better investment for CCP. That is all I'm saying.

inb4 - yeah im all jelly because im poor.


As been stated, but i'll reinterate. If you check the eve Valkyrie sub forum you will get a lot of information, as well as a lot of 'we can't comment yet' what is known is:

Valk will be rift exclusive, this doesn't mean "You MUST have a rift to play" it means if sony makes the magic box 3000 VR headset that Valk will not support it. That's it.

Valk is going to be on pc, because the rift is.

There is an article that says Valk is played without a rift in the office, because ccp has a limited number of rifts. So if ccp has 20 devs, and 5 rifts, then 15 devs have to test there stuff out somehow. So this means in theory you can play without the rift. But this is not yet confirmed

There is joystick support.

The rest is petty much unconfirmed.

Now based on the fact that the Dev kit for the rift is $300, my guess is a rift will run between $100 and $200, from what I know dev kits tend to cost more as they have the tools needed for development.

Ok with that, back on topic CCP doesn't have to tell us anything about the loss, and it is prolly something meh.

OMG Comet Mining idea!!! Comet Mining!

Eve For life.
Hehaw Jimbojohnson
Dreddit
Test Alliance Please Ignore
#66 - 2014-03-18 19:45:11 UTC
PotatoOverdose wrote:
Wulfgar WarHammer wrote:
Too bad it's not http://evevalkyrie.com/

What a waste of resources.

Fck you, Valkyrie is awesome.

Even if your (incorrect) position is that the Valkyrie audience is far too niche, how can it possibly be worse than WoD whose target audience is angsty pre-teen girls whose attention has almost certainly switched to a new fad by now.

Edit: I mean seriously, the only way WoD will ever be viable is if it was released as a facebook game yesterday. Of the choices presented, how can Valkyrie possibly be worse than that?


Yet another guy who has no idea what the World of Darkness universe is. Hint: It isn't Twilight vampires.
PotatoOverdose
Handsome Millionaire Playboys
Sedition.
#67 - 2014-03-18 19:53:39 UTC  |  Edited by: PotatoOverdose
Hehaw Jimbojohnson wrote:

Yet another guy who has no idea what the World of Darkness universe is. Hint: It isn't Twilight vampires.

Given that most of the Georgia team was sacked, I know exactly what the World of Darkness universe is: vaporware.
Azami Nevinyrall
172.0.0.1
#68 - 2014-03-18 20:01:15 UTC
Malcanis wrote:
And every time someone complains about the list, 1 more thing gets added.

This is a formal complaint about the list...

...
Hehaw Jimbojohnson
Dreddit
Test Alliance Please Ignore
#69 - 2014-03-18 20:08:38 UTC
PotatoOverdose wrote:
Hehaw Jimbojohnson wrote:

Yet another guy who has no idea what the World of Darkness universe is. Hint: It isn't Twilight vampires.

Given that most of the Georgia team was sacked, I know exactly what the World of Darkness universe is: vaporware.


Pretty sure part of the contract with CCP's acquisition of White Wolf was that they actually had to use the WoD IP. As it seems to be vaporware at this point, the IP may go to a company that won't utterly fail at doing something with it. I'm sure the universe will be fine.
Dinsdale Pirannha
Pirannha Corp
#70 - 2014-03-18 20:17:21 UTC
Malcanis wrote:
And every time someone complains about the list, 1 more thing gets added.


"I am altering the deal. Pray I don't alter it any further."
BeBopAReBop RhubarbPie
University of Caille
Gallente Federation
#71 - 2014-03-18 21:03:38 UTC
Malcanis wrote:
Drones, they're gone. Both sorts, before you ask.

Battlecruisers have been recognised as an irredeemable deadweight balancing error. They're gone.

7500 systems is too many. It's a pain in the ass to write the node balancing, and let's face it, they're all pretty much the same. We're going down to 4 hi-sec, 4 lo-sec and 8 0.0 regions. And they're just going to be called after their NPC inhabitants.

The 20 least used modules are getting cut. Everyone say goodbye to the Cap Flux Coil. The Dual 150mm Railgun. The meta 1 small MWD. And 17 more that you never heard of. They're gone.

Racial haulers were always dumb and made no sense to anyone ever. They're gone. It's just ORE now.

COSMOS. That's gone.


It would be particularly ironic if this happened and then was followed by a patch to revitalize wormholes.

Founder of Violet Squadron, a small gang NPSI community! Mail me for more information.

BeBopAReBop RhubarbPie's Space Mediation Service!
Vyl Vit
#72 - 2014-03-18 21:07:37 UTC  |  Edited by: Vyl Vit
Dersen Lowery wrote:
Jester linked back to a 2011 post of his where he noted that CCP was taking on debt to fund the development of DUST514. So this might be CCP admitting that the profit they predicted from DUST isn't there, and they don't know when it will be there.

It wouldn't necessarily mean the end of DUST514, just the end of a years-old projection that the investment they made would have a fairly rapid return.
This is sound reasoning on the face of it, but $21.4 million is quite a chunk of change. Seems rather large to cover this bet. Must be something else involved, or...they just were overly-ambitious and borrowed too much money? Maybe some bank was overly-optimistic and loaned them too much...curiouser and curiouser.

EDIT: I hasten to add, I have no problem with any corporation taking risks and endeavoring to expand their interests.
I don't think CCP is obliged to soak its life into EVE Online exclusive of any other endeavor. And, yes, if they want to risk
it all on a roll of the dice, and lose EVE with everything else in the process, as much as I'd miss this game we love so
well, it's their company to do with what they wish as they wish.

Paradise is like where you are right now, only much, much better.
Jonah Gravenstein
Machiavellian Space Bastards
#73 - 2014-03-18 21:28:18 UTC  |  Edited by: Jonah Gravenstein
It's paying for the slow but sure infiltration of Riot by CCP devs.... Shocked

CCP are the Illuminati/ the Borg/ Skynet; infiltrate, then assimilate or exterminate. Blink

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
Malcanis
Vanishing Point.
The Initiative.
#74 - 2014-03-18 21:43:58 UTC
Jonah Gravenstein wrote:
It's paying for the slow but sure infiltration of Riot by CCP devs.....Shocked


Awoxing gaurantees citizenship

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
Dinsdale Pirannha
Pirannha Corp
#75 - 2014-03-18 23:22:55 UTC
Malcanis wrote:
Jonah Gravenstein wrote:
It's paying for the slow but sure infiltration of Riot by CCP devs.....Shocked


Awoxing gaurantees citizenship


"Would you like to know more?"
ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#76 - 2014-03-18 23:41:32 UTC
I have removed some rule breaking posts.

The rules:
12. Spamming is prohibited.

Spam is defined as the repetitive posting of the same topic or nonsensical post that has no substance and is often designed to annoy other forum users. This can include the words “first”, “go back to (insert other game name)” and other such posts that contribute no value to forum discussion. Spamming also includes the posting of ASCII art within a forum post.

ISD Ezwal Community Communication Liaisons (CCLs)
Vaju Enki
Secular Wisdom
#77 - 2014-03-18 23:59:42 UTC
Maybe it's a EvE Online TCG for ipad.

The Tears Must Flow
Azami Nevinyrall
172.0.0.1
#78 - 2014-03-19 00:03:41 UTC  |  Edited by: Azami Nevinyrall
*Snip* Please refrain from discussing forum moderation. If you are perceiving a problem with ISD behaviour on the forum or are disagreeing with the way (your) posts are being moderated, please feel free to read the CCP policies and follow the procedure found under the header 'Complaints'. ISD Ezwal..

Oh bloody hell, I was JOKING!!!

You know, a joke? HAHAHA type thing!

ISD can never take a joke!

...
Hasikan Miallok
Republic University
Minmatar Republic
#79 - 2014-03-19 00:16:31 UTC
PotatoOverdose wrote:
Hehaw Jimbojohnson wrote:

Yet another guy who has no idea what the World of Darkness universe is. Hint: It isn't Twilight vampires.

Given that most of the Georgia team was sacked, I know exactly what the World of Darkness universe is: vaporware.


The White Wolf LARP people in my area are dysfunctional and crazy. They have had in game disputes with regard to masquerade that led to real world threats of legal action, court restraining orders and threats of violence. A dispute over the "death" of a character in game between two flat mates led to one leaving town and moving interstate. I have been led to believe my local group are not unusual.
Last Wolf
Umbra Wing
#80 - 2014-03-19 01:36:30 UTC
Dust would have been much more successful on the PC. They shot themselves in the foot making it PS3 only and alienating the majority of the EVE player base that WOULD have played it otherwise. I know I would have bought it if it had been on the PC.

That awkward moment at the Gentlemen's Club when you see your sister on the stage....and you're not sure where to put the money....