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Majesco in trouble, CEO resigns
- Thread starter thorns
- Start date
Templar Wizard
Member
orsan beats tim everytime.
hopefully they wont go under, hopefully they will find a way.
hopefully they wont go under, hopefully they will find a way.
Ash Housewares
The Mountain Jew
what impact would this have on Psychonauts dropping in price?
yes, I'm a short-sighted fool
yes, I'm a short-sighted fool
The_Sorrow
Banned
Damn shame. The former CEO was in GI a couple months ago talking about how fine and dandy everything was going.
Also I've seen a couple Psychonauts commercials.
Also I've seen a couple Psychonauts commercials.
Ash Housewares
The Mountain Jew
I've seen plenty of Psychonaut commercials, I haven't seen anything for Advent Rising
PanopticBlue
Member
belgurdo said:
Er, that has nothing to do with Majesco's probems. Next gen isn't even here yet.
PorkFryRice
Member
...and i wanted some Advent Rising sequel on x360!!!
btw, i think they're based in Edison, NJ and i was gonna go down there and demand a job. lawl.
btw, i think they're based in Edison, NJ and i was gonna go down there and demand a job. lawl.
You guys don't even know how sad this is. Well obviously the company posting a net loss as big as the net profit they thought they would post is very sad, but I mean the CEO resigning.
He's literally the reason Majesco games recieved such unusual marketing pushes. All the unique ways Majesco tried to pimp their titles is probably going bye bye now.
He's literally the reason Majesco games recieved such unusual marketing pushes. All the unique ways Majesco tried to pimp their titles is probably going bye bye now.
FirstInHell
Banned
GDJustin said:
Considering how poor the sales have been of all of their recent games, I do not see how this is a bad thing.
Advent Rising was a bug ridden game that got hurt by bad reviews. But the fact of the matter is; the game was not going to sell anyway.
PorkFryRice
Member
^^^^your avatar is freakishly disgusting.
PhatSaqs said:
Yes, they do. I appreciate what Majesco was trying to accomplish, but they didn't have the financial backing to go all out. Picking up the Microsoft leftovers was a smart move... Microsoft funded most of the development. Funding an overly ambitious project like Advent Rising was too much.
Then, with the smaller projects, it takes time for the common gamer to respond. Majesco has no name presence in the market. There was a time, not long ago, that you just didn't buy a game with Majesco stamped on the cover.
Stock market is open, and they're down 50%+.. It's almost game over for them now. They're in a worse position than eidos and they have no cash. I can't see any games coming from them that can potentially save them. The only profitable things they've done has been GBA games and GBA Video. I wonder what will happen to the starbreeze game though 
It's a shame though because most of the games they released were decent.. They just didn't know how to market games/make games that the market wants.
It's a shame though because most of the games they released were decent.. They just didn't know how to market games/make games that the market wants.
You can buy a signed copy from Double Fine:BuzzJive said:
http://shop.doublefine.com/index.asp?PageAction=VIEWPROD&ProdID=28
GDJustin said:
You're a hypocrite bastard
I even called you out on your statement in that thread: here
BuddyC said:
Yes, the whole lip service really pisses me off. Why shouldn't he be called out on his actions? I mean he calls this situation "so sad" and yet did very little to stop it, and in fact encouraged the failure of Psychonauts so he could get it at a lower price. Words don't put food on the table, money does. So if you want to support truly creative people, not just in the games industry, but everywhere, you have to support them with money so they can eat and be happy. Don't support them and they go away, and shame on any person who doesn't support these people and then bemoans their disappearance. Really really pisses me off.
MadOdorMachine
No additional functions
I'll buy Nanostray, but I refuse to buy Psychonauts (PS2) until I can get it used. It's one thing to not release your game on GC, but it's another to outright insult it. When they insulted GC, they insulted the people that buy and support GC products. Yeah I know the general consensus is that GC isn't cool, but people who like wierd GC games are the same crowd Psychonauts was appealing to. I hope Majesco comes out of this stronger than they were before, but it's become blatantly obvious that decisions like are not wise anymore. One thing Revolution has going for it is it's appeal to small developers. Maybe they can find a place there.
Is it so hard for them to get together a focus group or do a random sampling of people, asking what price they would buy a game at?rastex said:
If they had done this with Psychonauts (or Advent Rising), I'm absolutely certain most people would not have said "$50". They should have been $40 at most, and even that's pushing it.
Yes, yes, Psychonauts may be a $50 game to people that play through it... but in order to play it you have to buy it. And if it costs more than it looks like it's worth, that's not gonna happen. I think Katamari Damacy is a $40 game in retrospect, but if it came out at that price I wouldn't have gotten it.
If a company makes no effort to price a game at the percieved value to the average consumer, they deserve for that game to fail, and it's no one's fault but their own.
MadOdorMachine said:
Maybe I missed somthing - but the little jab at the Gamecube on their "news" page hardly seemed that insulting. I'm one of those people "that buy and support GC products", but I ran right out and bought Psychonauts on day 1 (my first non-Xbox Live purchase). It's a great game - and despite Majesco taking the safe route and no porting it to the cube (which obviously would have put them into even more financial troubles), they deserve credit for letting most gamers enjoy Psychonauts.
MadOdorMachine
No additional functions
It was a slap in the face to GC owners and it's just not cool. Like I said it's one thing to give a professional response as to why it's not on GC, but to mock it, and in return their users, is unacceptable. It's no wonder they're in the trouble they're in with the way they're doing business.BuzzJive said:
Shig,
You're missing the point, but I'll address your point anyway, Majesco has shown they're sensitive to pricing issues with the way Phantom Dust was priced ($19.99). I'm not talking about the general public, I already know the general public was going to shun Majesco's games, and wouldn't even pay $20 for them. I'm talking about one guy in particular, who ACTS like these games are worth something, but doesn't put his money where his mouth is. If he thinks the game and developer, etc aren't worth his money, that's fine, that's his choice but don't then go bemoaning the loss of said developer when they're in financial trouble, it's not logically consistent. And is in fact very dishonest because through the words he's making it appear that he cares about the company and the products they produce, but from his actions and where he puts his money, which is what really matters, the truth is that he doesn't care at all.
You're missing the point, but I'll address your point anyway, Majesco has shown they're sensitive to pricing issues with the way Phantom Dust was priced ($19.99). I'm not talking about the general public, I already know the general public was going to shun Majesco's games, and wouldn't even pay $20 for them. I'm talking about one guy in particular, who ACTS like these games are worth something, but doesn't put his money where his mouth is. If he thinks the game and developer, etc aren't worth his money, that's fine, that's his choice but don't then go bemoaning the loss of said developer when they're in financial trouble, it's not logically consistent. And is in fact very dishonest because through the words he's making it appear that he cares about the company and the products they produce, but from his actions and where he puts his money, which is what really matters, the truth is that he doesn't care at all.