On February 12, 2010, Cheyenne Mountain Entertainment (CME) filed for bankruptcy in the Maricopa County, Arizona, superior court. This news was recently reported by MMORPG.com.
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Cheyenne Mountain Entertainment Going Bankrupt
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Originally posted by Jack_Bauer View Postso much for Stargate Worlds...
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And this isn't surprising news. Cheyenne Mountain Entertainment have shown the business acumen of a thrown brick, trying to get into the MMO market, which is notoriously difficult to break into and then when trying to dredge up some cash, tried to release Stargate Resistance, a game with content little better than a mod at a time when the market is flooded with A list games.
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Originally posted by KEK View PostI don't see anything knocking WoW off it's perch any time soon. It'll probably still be going 10 years from now.
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Originally posted by Madwelshboy View Post
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Originally posted by The Mighty 6 platoon View PostWell apparently its subscription numbers have peaked at around the 11.5 million mark and haven't risen recently. Still their pulling in $1.8 billion dollars a year so I doubt Blizzard are complaining. However what with the time consumption and subscription fees of MMO's people can rarely afford to play more than one at a time, unlike regular games. This of course makes the MMO market far harder.
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Originally posted by KEK View PostTrue, but 11.5m is pretty incredible, especially when you consider that Eve Online (one of the biggest MMO's out there) only has 300k subscriptions. WoW would still be profitable on a very small fraction of the subscriptions Blizz have now, and I think it'll be a long time before they get there.
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Originally posted by KEK View PostMGM should sell the MMO rights to Blizzard
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Seriously, pick any PC game and a team of modders could have released a Stargate game by now, oh wait... they already have (Stargate: Empire at War). I think it is time for MGM to pick an established developer for any Stargate game instead of one who'd take twice as long, spend twice as much and go bankrupt.
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