Relic is near bankruptcy (mod edit: allegedly)

Jump back to quoted post4 Aug 2018, 10:48 AMJohnSmith

That's so wrong on so many levels. You use assumptions, random websites, the idea that Relic isn't standing on the shoulders of Sega, that there haven't been any other investors, random other stuff, and many other factors that you just ignore or don't even know about.

This thread is just rumourous scaremongering - bar on the level of plants being sprayed with Dihydrogen Monoxide. Even the thread title is clickbait.

Jump back to quoted post4 Aug 2018, 10:32 AMValeran

According to owler site, relic had Estimated Annual Revenue previous year is only $4.5M, that extremely low, it's lower than all salary of all relic employers, even if we calculate all averaged salary like one employer gets 70k $, if we calculate we will get 70000*205=14,35M $, and get fact that relix working in extreme lession, and in fact their revenque lower than averaged budget of game of AAA-class (18-24 M $). Maybe this is reason of all support problems of relic RTSes?
P.S. I'm afraid very soon relic will be closure
Sources:
https://www.owler.com/company/relic
https://www.glassdoor.com/Overview/Working-at-Relic-Entertainment-EI_IE533032.11,30.htm
https://3dnews.ru/585840

Jump back to quoted post4 Aug 2018, 10:52 AMValeran

Ok, change title, sorry
Hmm, I don't be able, may moderators change name to, "according to owler relic has extremely low revenque" or something like that?

Jump back to quoted post4 Aug 2018, 13:52 PMTobis

Anyone knowledgeable on the business side of developing? I was under the impression a studio owned by a publisher was being bankrolled by them, and couldn't go bankrupt by itself. There's no way Microsoft would allow Relic to go bankrupt while invested in one of their major IPs.

Jump back to quoted post4 Aug 2018, 10:48 AMJohnSmith

That's so wrong on so many levels. You use assumptions, random websites, the idea that Relic isn't standing on the shoulders of Sega, that there haven't been any other investors, random other stuff, ongoing behind-the-curtains-developments, and many other factors that you just ignore or don't even know about.

This thread is just rumourous scaremongering - bar on the level of plants being sprayed with Dihydrogen Monoxide. Even the thread title is clickbait.

Jump back to quoted post4 Aug 2018, 12:01 PMA_E

You have a low level of understanding about how businesses within the computer game industry operate.

Jump back to quoted post13 Sep 2018, 11:53 AMDonnieChan

So what happened to Valeran? Made a lot of trigger posts and where is he now?

Jump back to quoted post14 Sep 2018, 15:38 PMGdot

I don't know much about gaming developers but I would assume their revenue is cyclical. What that means is they have significantly higher revenue streams in a year where they release a game. Similar to maybe a business that only operates in summer months.


Either way, accountants can find ways of moving money around for tax purposes so I wouldn't read too much into it.


Stop being so cynical, we can criticize relic but should hope they succeed, considering so many of us here enjoy their games.

Jump back to quoted post14 Sep 2018, 15:38 PMGdot

I don't know much about gaming developers but I would assume their revenue is cyclical. What that means is they have significantly higher revenue streams in a year where they release a game. Similar to maybe a business that only operates in summer months.


Either way, accountants can find ways of moving money around for tax purposes so I wouldn't read too much into it.


Stop being so cynical, we can criticize relic but should hope they succeed, considering so many of us here enjoy their games.

Jump back to quoted post4 Aug 2018, 12:04 PMA_E

I have edited your title.