Nobody is buying MMOs any more. Not a single person. Zip. Zilch. Nada.
So sayeth Wedbush Securities analyst Michael Pachter in an article on Joystiq. Referring to the recent troubles at 38 Studios and BioWare, Pachter said:
“Nobody is buying MMOs after Star Wars fizzled. I think value is low, probably $20 million or so. There is just no demand for game assets right now, as THQ proved when it tried to sell the Warhammer MMO. I think [Electronic Arts] could step in, since they are the publisher, so you might see some alternative way to get 38 some bridge financing.”
Electronic Arts denied any involvement in directly acquiring the Amalur IP.
So he’s not referring to individual sales as much as he’s referring to sales of assets, on a corporate scale. But is all this tied to SWTOR‘s problems?
Or maybe, as ArenaNet‘s Christopher Lye postulated, companies are realizing that making “safe” games — like SWTOR and Warhammer Online — are actually more of a risk than actually trying something different?
And as for 38 Studios and Copernicus? Well, the way that company looks right now, would you be backing up a truck full of millions of dollars to buy it?
Didn’t think so.
Maybe the statement needs to be amended to say nobody is buying “questionable” MMOs right now. Maybe we need better MMOs, not more or flashier ones. Just a thought.










