Meet our Editor of the Day!
Two Worlds publisher obtains $12.9m in funding
ebeast says,
That second pic comes close to adequately expressing my awe at this fund-raising effort. Epic Win!
Article excerpt from joystiq.com —
"SouthPeak Games, publisher of Two Worlds as well as the uber-cute DS title Ninjatown , has secured an impressive $12.9 million in private funding. As reported by VC blog VentureBeat's Dean Takahashi , the financing is particularly interesting given that most investments of this sort are directed at the online games, virtual worlds or social...
Read the full article at joystiq.com »
Read the full article at joystiq.com »
Posted 3 years ago
Strange. Most of SouthPeak's games have been *terrible*. Two Worlds was really badly received and technically buggy, Monster Madness was a horrific joke (and yeah, I played that one), and their future offerings are rehashes of these two awful franchises. This is practically 13 million dollars that the venture capitalists might as well have lit on fire.
Posted 3 years ago
Sadly, these days, it's not that much. GTA4 cost somewhere on the order of $100 million, and most AAA-quality games are in the 20+ million dollar budgets these days.
SouthPeak is obviously going for the "smaller game" market, so $12 million could get them three or four titles, particularly given the next couple are remakes of existing bad games. Fun!
SouthPeak is obviously going for the "smaller game" market, so $12 million could get them three or four titles, particularly given the next couple are remakes of existing bad games. Fun!
Add your comment:
Anonymous
Tagged:
Ninjatown
,
Windows Games
,
Dean Takahashi
,
Video Games
,
TechnologyInternet
About ebeast
e beast
Oakland, CA
36, Female
Joined: January 14, 2008
Level: Level 9
Points: 230,195
Lifetime Interest: 2283, 87%
Today's Interest: 0, 0%
↓
Following: 32
Followers: 52
