Funcom has another Secret World spin-off in the works, gives up on LEGO Minifigures Online

    
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Funcom’s annual report is out, and there’s a whole lot to glean from the document about the company’s state and its future plans. In summary, Funcom is about breaking even in its finances, is banking hard on Conan Exiles being a big hit, and will probably be letting LEGO Minifigures Online go later this year.

One surprise is that there appears to be yet another Secret World spin-off in the works after the success of last year’s The Park: “The company has started internal concept development and protyping for a smaller game based on The Secret World IP […] There is no target release period yet as the project is still in a very early phase.”

The report doesn’t bode well for the underperforming LEGO Minifigures Online: “As of the time of this annual report, [Funcom] does not find it likely that any of the game metrics will improve, and has adjusted its investment in the game accordingly. The license agreement with LEGO for the LEGO Minifigures Online game ends October 2016.”

Financially, Funcom continues to tread water. It made $10.23M in 2015, which was down $2.35M from 2014. However, operating costs were down as well, saving the studio $1.97M, and its net loss was far less in 2015 than 2014. Funcom is still restructuring the studio and looking for other cost-saving measures. Further helping the stability of its finances was the deferment of the repayment of a large bond to the end of 2018.

While the studio expressed confidence in its live MMOs, it made it obvious that it expects big things from Conan Exiles when it launches this year: “The company believes the largest potential value drivers of the company to be the upcoming Conan Exiles, with its live games — Anarchy Online, Age of Conan and The Secret World — continuing to bring solid revenues.”

In the report, Funcom quotes a statistic claiming that there were 23.4 million MMO players worldwide as of 2014.

Source: Annual Report. Thanks to Nordavind for the tip!
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Captain Electric
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Captain Electric

syberghost The more I think about it, the more that idea goes from ridiculous to totally fracking awesome.

poordevil
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poordevil

Hey this is going to be on console too! Good news for me ’cause I have been exiled from my gaming PC. So it is due out for early access in June? That is pretty soon, I hope this game is ready for prime time! Surely Funcom will not do a re-pete of the AoC launch, right? I don’t know if I will like the game a whole lot, I am not huge on PvP, but it is Conan and Funcom so I have to check it out.

Union Jack
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Union Jack

JamesCrow LordOfBread Could not agree more and we are still waiting for the so called crafting revamp they promised a few years ago… This is the only MMO I have ever reached max level and then I left as it went real quite with other games coming out.

Kevin_G
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Kevin_G

ohforfs “Conan Exiles: Open-world survival game #234,456” 

The number of Open-world survival games based on the world of Conan –  1.

Just based off of that, plus the fact that Funcom knows how to get the world of Conan right.  Sign me up.  I am pretty excited about this.

Oleg Chebeneev
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Oleg Chebeneev

TheChiefTurtle Good video. But even with AoC aging well, it isnt even in top 3 best looking MMOs. Black Desert, Monster Hunter Online and Moonlight Blade take the cake.

Jack Pipsam
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Jack Pipsam

Ode to Lego.

RagnarTheDrunk
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RagnarTheDrunk

LordOfBread Snky SallyBowls1
yup, F the TPP so if not Bernie then Don.
#notwithher

JakeDunnegan
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JakeDunnegan

johnwillo ddocentral reptarthedinosaur tobascodagama I second all of the above.

I’d love to see Egypt, Romania and Kingsmouth, not necessarily in that order. 
I also think the Conan game has some chance at success – I mean, ARK was wildly popular and it was what.. dinosaurs? Conan has a HUGE IP, and it’s a natural fit for a survival game. (limited tech, early civilization, etc)

Nordavind
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Nordavind

ohforfs As I haven’t played one, I can’t be sick of them. I do understand that you might be, having tried half a million of them all deeply flawed.
But yes Conan Exiles will come as early access this June. On Steam, not sure.

ohforfs
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ohforfs

Conan Exiles: Open-world survival game #234,456

Is there anyone not sick to death of these “Open-world survival” games. There are at least half a million of them on steam and they are all deeply flawed. Makes me sick to think about yet another one. I bet Conan goes early access on steam too as a money grab.