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[Industry Thread] Read the OP, or you'll see more red than 38 Studios.

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Posts

  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    Brainiac 8 wrote: »
    - 3DS takes a small dip but still selling well, the Vita continues to flounder.

    Well, summer is when things reach a low point in sales. October, things will start to spike, leading to the typical peak in December, and things will drop back down next year again.

  • cloudeaglecloudeagle Registered User regular
    Pretty weak week all around. Vita's a little stronger than it has been, but 13,000 still isn't much to crow about.

    Meanwhile, the worm will turn.
    Will there ever be another Earthworm Jim game?

    It's a case of when, not if, David Perry, who founded Earthworm Jim creator Shiny Entertainment and programmed the first two games in the critically acclaimed 16-bit action platform series, told Eurogamer at the Develop conference in Brighton last week.

    "Our problem is that the team is all doing well in whatever they're doing right now," Perry, boss of new Sony subsidiary Gaikai, said.

    "It's just a bunch of guys who all have their own thing. Everyone has their own company. So, to get them to stop what they're doing and work on a game is very difficult, but it's something they all want to do.

    "We have our own little discussion group on Facebook. We've been having this discussion: when will this happen? When could we do it? What would make sense?

    "We feel the Kickstarter thing would have been fun just to see how much money could be raised out of a Kickstarter, because we would have put a lot of effort into the video, for example.

    "It's one of those things that, no one's got the time right now. I'm sure it's going to happen, I just can't tell you exactly when."

    ...

    So, what is Perry's vision for a new Earthworm Jim game?

    "The thing we had talked about in the past is Jim had been in retirement," he told Eurogamer. "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since. But he's got to get back into action again."

    Earthworm Jim creator Doug TenNapel had created sketches for this new game, showing a "wimpier" Jim. Perry isn't convinced of this direction.

    "There's an interesting tension between Doug and myself. When he started to draw the new Earthworm Jim, if I showed you the sketches of what he wanted the next Earthworm Jim to look like, I can guarantee you'd go, no! Don't go that way! Because he's going wimpy. My job I to fight him on that. No, don't go wimpy. We don't want wimpy."

    What he is sure of, though, is that any new Earthworm Jim game will be 2D. "2D by definition is just a camera moving with you. The answer is, I would do 2D, but if you wanted you could play with the camera a little. But I don't like it when you're doing very 3D, because then your jumps become very hard to predict and then your controller starts breaking. It wouldn't be fun."

    http://www.eurogamer.net/articles/2012-07-17-david-perry-sure-a-new-earthworm-jim-will-be-made

    Man, with all the craziness going on with smaller digital games lately Earthworm Jim would be a perfect fit there.

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  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

  • Brainiac 8Brainiac 8 Don't call me Shirley... Registered User regular
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

    Oh, god yes. That direction would be fantastic.

    I want to fight Professor Monkey-for-a-head again. :D

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  • Brainiac 8Brainiac 8 Don't call me Shirley... Registered User regular
    Some interesting sales info from Japan:
    Less than 800,000 PlayStation Vita units have been sold across Japan in the past six months, new data suggests.

    A new look at sales of Sony's latest handheld - provided by Japanese magazine Famitsu - suggests that the system has sold about 790,000 units.
    Sony Japan appears to have told Famitsu that the sales data is in line with internal projections, according to a translation of the quote by local media.

    In March, Sony revealed it had sold about two million PS Vita units worldwide. Nintendo's 3DS handheld had shifted about 17 million units by the same period, though this rival system launched several months earlier.

    The original PSP has sold more than 71 million units in its eight years on the market.

    Meanwhile, hot release Persona 4 The Golden has managed to shift 189,000 units since its release on June 14th, quickly making it the best-selling PS Vita game in Japan for the year so far.

    Top 10 selling games:

    01: Persona 4 The Golden (188,782)

    02: Hot Shots Golf 6 (118,985)

    03: Uncharted Golden Abyss (89,390)

    04: Gravity Daze/Rush (74,785)

    05: Dynasty Warriors Next (74,718)

    06: Tales of Innocence R (71,463)

    07: Lord of Apocalypse (69,162)

    08: Ragnarok Odyssey (65,318)

    09: Gundam Seed Battle Destiny (55,527)

    10: Disgaea 3 Return (54,902)

    Translation: Andriasang

    http://andriasang.com/con1yl/vita_sales/

    Also something else I noticed on the media create is that Resistance Vita....it did terribly. I guess Sony's Decision to not continue with the series was a good one.

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  • -SPI--SPI- Osaka, JapanRegistered User regular
    Rare already did that fat overweight because they've been sitting around all this time idea in Banjo Kazooie nuts and bolts.

    Anyway, for me the key factor in any new EWJ concept is one thing:Tommy Tallarico. God his music was great in those first two games.

  • cloudeaglecloudeagle Registered User regular
    -SPI- wrote: »
    Anyway, for me the key factor in any new EWJ concept is one thing:Tommy Tallarico. God his music was great in those first two games.

    Also getting someone to burp the name of the title.

    At any rate, hooray for unabashed plagiarism!
    torchlightandarmedheroes530pxheaderimg.jpg

    Art assets from Runic Games' Torchlight franchise bear more than a passing resemblance to those used in iOS MMO Armed Heroes Online, from Chinese developer Entertainment Game Labs ("EGLS"). And Runic Games head Travis Baldree is calling foul, taking to Twitter this week to say, "So, wow - this game is releasing on the app store. They wholesale stole most of the assets from Torchlight," and linking to the EGLS game website.

    Baldree made the image seen above as well, comparing the two games' art assets from source material he found in YouTube clips of Armed Heroes Online with those of his company's game. Beyond talking, Baldree tells us that Runic "have contacted Apple with a takedown request but haven't heard back yet." The company's goal at the moment is "simply to get the game removed from the App Store until it no longer infringes upon our copyright." It's unclear if representatives from Runic's parent company, Chinese MMO company Perfect World, have been in contact with EGLS separately.

    Baldree says Runic "have been unable to directly contact the company," but a rep from EGLS posted on Touch Arcade's forums with a lengthy public statement today. "We can hardly agree with Mr. Travis Baldree who judged that EGLS 'wholesale stole most of the assets from Torchlight!' only based on the similarity between several small monsters. The judgment is simply untenable," the post reads.

    It goes on to say that some EGLS employees "are both crazy game fans and ecstatic movie lovers," alleging that the comparisons drawn are nothing more than an accident at best. Bizarrely, the statement then compares Torchlight to WildTangent's PC RPG Fate, as well as Diablo 2 – both games that Runic employees were instrumental in developing.

    Armed Heroes Online remains available via iTunes for now, but we don't expect it'll be there for much longer. The game is free-to-play with in-app purchases (read: microtransactions). An EGLS rep didn't respond to request for comment as of publishing.

    http://www.joystiq.com/2012/07/17/torchlight-art-found-in-ios-mmo-mmo-dev-denies-theft-against-st/

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  • Magic PinkMagic Pink Tur-Boner-Fed Registered User regular
    edited July 2012
    Henroid wrote: »
    Magic Pink wrote: »
    Henroid wrote: »
    "Active time combat? UGH NOW EVERY RPG IS GOING TO BE LIKE THIS."

    This pretty much happened tho.

    Bullshit, the Breath of Fire series fought it good and hard. Etrian Odyssey doesn't buy into ATC either. Actually, I'm pretty sure ATV has been limited to Square games mostly.

    ATV, yes, but we're talking about active time combat which is something else as far as I'm concerned. Turn based combat RPGs are few and far between these days.

    edit: unless we talk about SRPGS in which case thank god no they aren't.

    Magic Pink on
  • RenzoRenzo Registered User regular
    Magic Pink wrote: »
    Henroid wrote: »
    Magic Pink wrote: »
    Henroid wrote: »
    "Active time combat? UGH NOW EVERY RPG IS GOING TO BE LIKE THIS."

    This pretty much happened tho.

    Bullshit, the Breath of Fire series fought it good and hard. Etrian Odyssey doesn't buy into ATC either. Actually, I'm pretty sure ATV has been limited to Square games mostly.

    ATV, yes, but we're talking about active time combat which is something else as far as I'm concerned. Turn based combat RPGs are few and far between these days.

    Woah what I didn't write that.

  • maximumzeromaximumzero I...wait, what? New Orleans, LARegistered User regular
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

    A massive sendup of the entire industry would be cool. Sorta like what Eat Lead was trying to do, but unfortunately didn't sell well.

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  • cloudeaglecloudeagle Registered User regular
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

    A massive sendup of the entire industry would be cool. Sorta like what Eat Lead was trying to do, but unfortunately didn't sell well.

    The Simpsons Game did a pretty decent job of that, but that was years ago.

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  • Brainiac 8Brainiac 8 Don't call me Shirley... Registered User regular
    cloudeagle wrote: »
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

    A massive sendup of the entire industry would be cool. Sorta like what Eat Lead was trying to do, but unfortunately didn't sell well.

    The Simpsons Game did a pretty decent job of that, but that was years ago.

    It was also boring and terrible. So sad.....

    How well did the Simpsons game sell? I guess not well as we never did get a sequel.

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  • AllforceAllforce Registered User regular
    I thought the Simpsons game was really clever, he'll they had a Katamri level and you had to fight evil Matt Groening who threw Benders at you. Also, Wil Wright showed up.

    I don't think that game needed a sequel, they pretty much covered the satire

  • cloudeaglecloudeagle Registered User regular
    Brainiac 8 wrote: »
    cloudeagle wrote: »
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

    A massive sendup of the entire industry would be cool. Sorta like what Eat Lead was trying to do, but unfortunately didn't sell well.

    The Simpsons Game did a pretty decent job of that, but that was years ago.

    It was also boring and terrible. So sad.....

    How well did the Simpsons game sell? I guess not well as we never did get a sequel.

    Eh, I thought it played fine if not spectacularly.

    You know, we really didn't get any more console Simpson games after that one, did we?

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  • EVOLEVOL Registered User regular
    cloudeagle wrote: »
    -SPI- wrote: »
    Anyway, for me the key factor in any new EWJ concept is one thing:Tommy Tallarico. God his music was great in those first two games.

    Also getting someone to burp the name of the title.

    At any rate, hooray for unabashed plagiarism!
    torchlightandarmedheroes530pxheaderimg.jpg

    Art assets from Runic Games' Torchlight franchise bear more than a passing resemblance to those used in iOS MMO Armed Heroes Online, from Chinese developer Entertainment Game Labs ("EGLS"). And Runic Games head Travis Baldree is calling foul, taking to Twitter this week to say, "So, wow - this game is releasing on the app store. They wholesale stole most of the assets from Torchlight," and linking to the EGLS game website.

    Baldree made the image seen above as well, comparing the two games' art assets from source material he found in YouTube clips of Armed Heroes Online with those of his company's game. Beyond talking, Baldree tells us that Runic "have contacted Apple with a takedown request but haven't heard back yet." The company's goal at the moment is "simply to get the game removed from the App Store until it no longer infringes upon our copyright." It's unclear if representatives from Runic's parent company, Chinese MMO company Perfect World, have been in contact with EGLS separately.

    Baldree says Runic "have been unable to directly contact the company," but a rep from EGLS posted on Touch Arcade's forums with a lengthy public statement today. "We can hardly agree with Mr. Travis Baldree who judged that EGLS 'wholesale stole most of the assets from Torchlight!' only based on the similarity between several small monsters. The judgment is simply untenable," the post reads.

    It goes on to say that some EGLS employees "are both crazy game fans and ecstatic movie lovers," alleging that the comparisons drawn are nothing more than an accident at best. Bizarrely, the statement then compares Torchlight to WildTangent's PC RPG Fate, as well as Diablo 2 – both games that Runic employees were instrumental in developing.

    Armed Heroes Online remains available via iTunes for now, but we don't expect it'll be there for much longer. The game is free-to-play with in-app purchases (read: microtransactions). An EGLS rep didn't respond to request for comment as of publishing.

    http://www.joystiq.com/2012/07/17/torchlight-art-found-in-ios-mmo-mmo-dev-denies-theft-against-st/

    FFS China you guys are too wealthy to not be able to get away with this shit anymore.

  • DonnictonDonnicton Registered User regular
    Magic Pink wrote: »
    Henroid wrote: »
    Magic Pink wrote: »
    Henroid wrote: »
    "Active time combat? UGH NOW EVERY RPG IS GOING TO BE LIKE THIS."

    This pretty much happened tho.

    Bullshit, the Breath of Fire series fought it good and hard. Etrian Odyssey doesn't buy into ATC either. Actually, I'm pretty sure ATV has been limited to Square games mostly.

    ATV, yes, but we're talking about active time combat which is something else as far as I'm concerned. Turn based combat RPGs are few and far between these days.

    edit: unless we talk about SRPGS in which case thank god no they aren't.

    A JSRPG version of Battle Bugs.

    It will be like a video game version of Twilight of the Cockroaches.

  • mrt144mrt144 King of the Numbernames Registered User regular
    EVOL wrote: »
    cloudeagle wrote: »
    -SPI- wrote: »
    Anyway, for me the key factor in any new EWJ concept is one thing:Tommy Tallarico. God his music was great in those first two games.

    Also getting someone to burp the name of the title.

    At any rate, hooray for unabashed plagiarism!
    torchlightandarmedheroes530pxheaderimg.jpg

    Art assets from Runic Games' Torchlight franchise bear more than a passing resemblance to those used in iOS MMO Armed Heroes Online, from Chinese developer Entertainment Game Labs ("EGLS"). And Runic Games head Travis Baldree is calling foul, taking to Twitter this week to say, "So, wow - this game is releasing on the app store. They wholesale stole most of the assets from Torchlight," and linking to the EGLS game website.

    Baldree made the image seen above as well, comparing the two games' art assets from source material he found in YouTube clips of Armed Heroes Online with those of his company's game. Beyond talking, Baldree tells us that Runic "have contacted Apple with a takedown request but haven't heard back yet." The company's goal at the moment is "simply to get the game removed from the App Store until it no longer infringes upon our copyright." It's unclear if representatives from Runic's parent company, Chinese MMO company Perfect World, have been in contact with EGLS separately.

    Baldree says Runic "have been unable to directly contact the company," but a rep from EGLS posted on Touch Arcade's forums with a lengthy public statement today. "We can hardly agree with Mr. Travis Baldree who judged that EGLS 'wholesale stole most of the assets from Torchlight!' only based on the similarity between several small monsters. The judgment is simply untenable," the post reads.

    It goes on to say that some EGLS employees "are both crazy game fans and ecstatic movie lovers," alleging that the comparisons drawn are nothing more than an accident at best. Bizarrely, the statement then compares Torchlight to WildTangent's PC RPG Fate, as well as Diablo 2 – both games that Runic employees were instrumental in developing.

    Armed Heroes Online remains available via iTunes for now, but we don't expect it'll be there for much longer. The game is free-to-play with in-app purchases (read: microtransactions). An EGLS rep didn't respond to request for comment as of publishing.

    http://www.joystiq.com/2012/07/17/torchlight-art-found-in-ios-mmo-mmo-dev-denies-theft-against-st/

    FFS China you guys are too wealthy to not be able to get away with this shit anymore.

    Why create when you can steal?

  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    I really have to wonder what Chinese culture is like where plagiarism is just a "so what?" issue to that degree.

  • Xenogears of BoreXenogears of Bore Registered User regular
    Henroid wrote: »
    Goddamn, Etrian Odyssey crashed and burned between launch week and this week. What the hell?!

    Umm, it's withing a few thousand more or less with every EO games second week.

    Also almost every RPG and most regular games in Japan experience a 75-90% dropoff from week one to two. It's not irregular at all.

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  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    Henroid wrote: »
    Goddamn, Etrian Odyssey crashed and burned between launch week and this week. What the hell?!

    Umm, it's withing a few thousand more or less with every EO games second week.

    Also almost every RPG and most regular games in Japan experience a 75-90% dropoff from week one to two. It's not irregular at all.

    Look, I don't memorize those kinds of trends. :P

  • Xenogears of BoreXenogears of Bore Registered User regular
    It also might be impacted by the XL boost in two weeks.

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  • Undead ScottsmanUndead Scottsman Registered User regular
    edited July 2012
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.
    Wasn't that how Banjo-Kazooie: Nuts and Bolts started?

    Undead Scottsman on
  • skeldareskeldare Gresham, ORRegistered User regular
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.
    Wasn't that how Banjo-Kazooie: Nuts and Bolts started?

    How would that even work, since he's just a worm in a suit?

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  • TommattTommatt Registered User regular
    All this talk about F2P and nobody has posted the comic about LoL? I don't even want to know how much I've spent on that "free" game.

  • DonnictonDonnicton Registered User regular
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.

    Isn't that pretty much the "Johnny Bravo goes to Hollywood" movie?

  • CouscousCouscous Registered User regular
    http://www.joystiq.com/2012/07/18/more-thq-stockholders-suing-thq-over-udraw/
    After an initial investigation into whether or not THQ misled its investors about the demand for its uDraw tablet – and a subsequent lawsuit – shareholders have filed another lawsuit against the beleaguered publisher, reports GamesIndustry. The class action suit has been filed in the United States District Court for the Central District of California by New York law firm Levi & Korsinsky on behalf of THQ shareholders. The complaint alleging that THQ "misrepresented or failed to disclose" that the Xbox 360 and PlayStation 3 versions of uDraw were not selling and, thus, THQ "lacked a reasonable basis for their positive statements" about its current condition.

    As GI points out, this is the second such lawsuit that THQ has faced in as many months. Shareholders wishing to join the suit may do so by filling out a form on the Levi & Korsinsky website.
    uDraw is the gift that keeps on giving.

  • Magic PinkMagic Pink Tur-Boner-Fed Registered User regular
    skeldare wrote: »
    Henroid wrote: »
    A new Earthworm Jim based on this:
    "So, he's been sitting at home watching movies and eating popcorn. He's grossly overweight now. The plan was to start with him literally getting off the sofa, and it's a disaster because he just hasn't done anything since."
    Would be goddamn fantastic. And it would be a perfect chance for them to ape on a lot of shit going on in the industry. That right there in the quote could goof on Max Payne 3, for example. Imagine an EWJ Splinter Cell: Conviction type scene.
    Wasn't that how Banjo-Kazooie: Nuts and Bolts started?

    How would that even work, since he's just a worm in a suit?

    He would be a fat worm and not in a suit.

  • cloudeaglecloudeagle Registered User regular
    New York law firm Levi and Korsinsky has filed a class action lawsuit against troubled publisher THQ, claiming it misled shareholders over its uDraw peripheral.

    "The complaint alleges that THQ and certain of its executive officers issued false or misleading statements concerning the Company," said documents the documents filed by the firm.

    "Specifically, it is alleged that defendants misrepresented or failed to disclose that: (a) the Company's uDraw GameTablet ("uDraw") for Microsoft Xbox 360 and Sony PlayStation 3 was not being purchased by owners of those gaming systems; (b) because demand for uDraw was below internal expectations, the Company would have to take back, or provide price protection, on hundreds of thousands of units that it had sold; and (c) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company and its prospects."

    The lawsuit is open, at no fee, to any stockholders who bought THQ stock between May 3, 2011 and February 3, 2012.

    THQ is already facing a similar class-action lawsuit from shareholder rights firm Robbins Umeda LLP, accusing it of "materially false and misleading statements."

    http://www.gamesindustry.biz/articles/2012-07-18-thq-faces-udraw-class-action-lawsuit

    Ah, uDraw. When will you ever stop causing problems for THQ?

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  • DragkoniasDragkonias That Guy Who Does Stuff You Know, There. Registered User regular
    Goodness, things aren't looking good for them.

  • Brainiac 8Brainiac 8 Don't call me Shirley... Registered User regular
    Couscous wrote: »
    http://www.joystiq.com/2012/07/18/more-thq-stockholders-suing-thq-over-udraw/
    After an initial investigation into whether or not THQ misled its investors about the demand for its uDraw tablet – and a subsequent lawsuit – shareholders have filed another lawsuit against the beleaguered publisher, reports GamesIndustry. The class action suit has been filed in the United States District Court for the Central District of California by New York law firm Levi & Korsinsky on behalf of THQ shareholders. The complaint alleging that THQ "misrepresented or failed to disclose" that the Xbox 360 and PlayStation 3 versions of uDraw were not selling and, thus, THQ "lacked a reasonable basis for their positive statements" about its current condition.

    As GI points out, this is the second such lawsuit that THQ has faced in as many months. Shareholders wishing to join the suit may do so by filling out a form on the Levi & Korsinsky website.
    uDraw is the gift that keeps on giving.

    Yeesh, I am starting to actually feel bad for the company. But if they had just been smarter about the product, the marketing, and doing some research into who would actually use that thing, they may not be in the situation they are now.

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  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    cloudeagle wrote: »
    New York law firm Levi and Korsinsky has filed a class action lawsuit against troubled publisher THQ, claiming it misled shareholders over its uDraw peripheral.

    "The complaint alleges that THQ and certain of its executive officers issued false or misleading statements concerning the Company," said documents the documents filed by the firm.

    "Specifically, it is alleged that defendants misrepresented or failed to disclose that: (a) the Company's uDraw GameTablet ("uDraw") for Microsoft Xbox 360 and Sony PlayStation 3 was not being purchased by owners of those gaming systems; (b) because demand for uDraw was below internal expectations, the Company would have to take back, or provide price protection, on hundreds of thousands of units that it had sold; and (c) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company and its prospects."

    The lawsuit is open, at no fee, to any stockholders who bought THQ stock between May 3, 2011 and February 3, 2012.

    THQ is already facing a similar class-action lawsuit from shareholder rights firm Robbins Umeda LLP, accusing it of "materially false and misleading statements."

    http://www.gamesindustry.biz/articles/2012-07-18-thq-faces-udraw-class-action-lawsuit

    Ah, uDraw. When will you ever stop causing problems for THQ?

    This lawsuit is bullshit. "WE SHAREHOLDERS ARE GOING TO GET OUR MONEY ONE WAY OR ANOTHER!" Yes, punish an entire company over a single product. Jesus jumped up Christ.

  • DragkoniasDragkonias That Guy Who Does Stuff You Know, There. Registered User regular
    I'm confused about something though.

    Wasn't the original uDraw on the Wii and didn't it do pretty well?

    Surprised that they would switch consoles like that. Maybe they thought people wouldn't buy the sequel on the Wii if they already had the original.

  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    I'm sorry but the stock market is all about risk. Your money is yours to handle. If people bought into the typical "We're gonna kick ass!" sales pitch and lose money, it's their own damn fault. What, are people going to sue casinos when they come away with less money than they had going in? Give me a break.

  • cloudeaglecloudeagle Registered User regular
    Dragkonias wrote: »
    I'm confused about something though.

    Wasn't the original uDraw on the Wii and didn't it do pretty well?

    Surprised that they would switch consoles like that. Maybe they thought people wouldn't buy the sequel on the Wii if they already had the original.

    Yep, it did pretty decently on Wii. Problem is that it didn't occur to Ubisoft that perhaps the audiences for the Wii, 360 and PS3 are a wee bit different.

    Switch: 3947-4890-9293
  • DragkoniasDragkonias That Guy Who Does Stuff You Know, There. Registered User regular
    Yeah. This suit does sound BS. But really, even if it gets thrown or THQ wins that's money they have to spend on litigation.

  • ZephiranZephiran Registered User regular
    cloudeagle wrote: »
    New York law firm Levi and Korsinsky has filed a class action lawsuit against troubled publisher THQ, claiming it misled shareholders over its uDraw peripheral.

    "The complaint alleges that THQ and certain of its executive officers issued false or misleading statements concerning the Company," said documents the documents filed by the firm.

    "Specifically, it is alleged that defendants misrepresented or failed to disclose that: (a) the Company's uDraw GameTablet ("uDraw") for Microsoft Xbox 360 and Sony PlayStation 3 was not being purchased by owners of those gaming systems; (b) because demand for uDraw was below internal expectations, the Company would have to take back, or provide price protection, on hundreds of thousands of units that it had sold; and (c) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company and its prospects."

    The lawsuit is open, at no fee, to any stockholders who bought THQ stock between May 3, 2011 and February 3, 2012.

    THQ is already facing a similar class-action lawsuit from shareholder rights firm Robbins Umeda LLP, accusing it of "materially false and misleading statements."

    http://www.gamesindustry.biz/articles/2012-07-18-thq-faces-udraw-class-action-lawsuit

    Ah, uDraw. When will you ever stop causing problems for THQ?

    I'd say when they dump all the leftover stock in some desert in New Mexico, but even then I think all the concentrated trouble might only evolve to form some kind of evil entity of its own, sort of like THQ's personal Draw-Tak.

    Jokes aside, the bolded part seems pretty much par for the course when it comes to failed projects - it's all absolutely fine and dandy until it's not, then all of a sudden it's shit, and out of fear for facing the shit head on (and the angry stockholders with it) the company takes the only route it can by denying the problem entirely. I guess they hoped to sweep it all under the rug and let the uDraw go quietly into the night, but as evidenced by these recent events, it's come back to chew their ass some more.

    Wanna bet the stockholders are choosing to sue THQ at this point in time because they think there won't be a company to get any money from shortly?

    Alright and in this next scene all the animals have AIDS.

    I got a little excited when I saw your ship.
  • OneAngryPossumOneAngryPossum Registered User regular
    To be fair, it sounds like they're accusing them of being deliberately misleading, not simply being overly optimistic. One of those is dandy, the other is a valid target.

  • DonnictonDonnicton Registered User regular
    Zephiran wrote: »
    cloudeagle wrote: »
    New York law firm Levi and Korsinsky has filed a class action lawsuit against troubled publisher THQ, claiming it misled shareholders over its uDraw peripheral.

    "The complaint alleges that THQ and certain of its executive officers issued false or misleading statements concerning the Company," said documents the documents filed by the firm.

    "Specifically, it is alleged that defendants misrepresented or failed to disclose that: (a) the Company's uDraw GameTablet ("uDraw") for Microsoft Xbox 360 and Sony PlayStation 3 was not being purchased by owners of those gaming systems; (b) because demand for uDraw was below internal expectations, the Company would have to take back, or provide price protection, on hundreds of thousands of units that it had sold; and (c) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company and its prospects."

    The lawsuit is open, at no fee, to any stockholders who bought THQ stock between May 3, 2011 and February 3, 2012.

    THQ is already facing a similar class-action lawsuit from shareholder rights firm Robbins Umeda LLP, accusing it of "materially false and misleading statements."

    http://www.gamesindustry.biz/articles/2012-07-18-thq-faces-udraw-class-action-lawsuit

    Ah, uDraw. When will you ever stop causing problems for THQ?

    I'd say when they dump all the leftover stock in some desert in New Mexico, but even then I think all the concentrated trouble might only evolve to form some kind of evil entity of its own, sort of like THQ's personal Draw-Tak.

    Jokes aside, the bolded part seems pretty much par for the course when it comes to failed projects - it's all absolutely fine and dandy until it's not, then all of a sudden it's shit, and out of fear for facing the shit head on (and the angry stockholders with it) the company takes the only route it can by denying the problem entirely. I guess they hoped to sweep it all under the rug and let the uDraw go quietly into the night, but as evidenced by these recent events, it's come back to chew their ass some more.

    Wanna bet the stockholders are choosing to sue THQ at this point in time because they think there won't be a company to get any money from shortly?

    The sphere of failure that's projected from the stock would merge with the one currently still projected by the remnants of the ET cartridges out there and create some sort of singularity that will tear space-time.

    Probably.

  • SheepSheep Registered User, __BANNED USERS regular
    Henroid wrote: »
    I really have to wonder what Chinese culture is like where plagiarism is just a "so what?" issue to that degree.

    Uh... They're Communists.

    The people, at least.

  • HenroidHenroid Mexican kicked from Immigration Thread Centrism is Racism :3Registered User regular
    Dragkonias wrote: »
    Yeah. This suit does sound BS. But really, even if it gets thrown or THQ wins that's money they have to spend on litigation.

    Yeah. While THQ has made actual mistakes regarding it being in hard times, this is completely unfair that they have to put up with this.

This discussion has been closed.