Reading news this morning, an alert came through about the latest information for Funcom. It seems they now are at a threshold in regards to the launch of their new MMO, The Secret World.
A link to Trading News has some dire reporting in regards to an MMO so fresh and new, yet full of a troubled companies woes. The report is called..."DnB Nor analyst says Funcom may need more funds before Secret World launch"
Several notes are included in the report which tells us where Funcom is in regards to their funds, thanks to this months financial report.
"Funcom's revenue has been constantly decreasing since the launch of its massively multiplayer online (MMO) game Age of Conan (in May 2009) and the company said it expects a further fall in revenue in the first quarter of 2010, without specifying an interval."
Thanks to a shoddy launch and then a takeover by another Game Director who changed the direction of Age of Conan, these all seem to be in line to make AoC a revenue killer.
The funds have slowly been whittled away, and monetary funds both on hand and intake all continue to fall.
As part of this, this next paragraph says a lot.
"No date for the launch of The Secret World has been set. The title is still under development. In his analysis, Thoresen has taken into consideration a launch in the fourth quarter of 2011."
That is a LONG way off for what could be one of the most exciting changes to MMO's since WoW launched it's casual friendly behemoth some 6 years ago.
The Secret World will incorporate Age of Conan's more action oriented combat, with no standard class system, no forced skills system, and a modern world setting with a horror flair. Thanks to the bad news, this just makes the game more of a hype and less of a want at this point. Especially with Guild Wars 2 and SWToR launching that year, it even makes The Secret World a game that could just be a flash in the pan by the time of release.
I had really high hopes for this game, and who knows...maybe the launch of the Age of Conan expansion could be the influx of cash Funcom needs. But, seeing the company continues to ignore it's player base and the population continues to stagnate, it may be a bumpy 2010.