The Daily Grind: Are you anxious about the Funcom acquisition?

    
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The Daily Grind: Are you anxious about the Funcom acquisition?

I read the news today, oh boy. Tencent has bought out all of Funcom’s stuff. This is pretty significant; it’s yet another thing being gobbled up by Tencent (which you may recall has some pretty hefty investments in the online space), and it raises the specter of a dark fate befalling Funcom in a way that hasn’t been raised since… well, the last news about Funcom, which seems to have been trying to pull itself out of self-dug holes for ages.

There was certainly a time wherein I would have been anxious about this myself, but after witnessing the company’s output over the past few years, the relaunch and implosion of Secret World Legends, and just the overall state of affairs… honestly, I can’t find myself getting all that worked up. Something had to change, yes. Then again, I could certainly see fans of the aforementioned SWL or even titles like Anarchy Online or Conan Exiles regarding this with no small amount of trepidation. So are you anxious about the Funcom acquisition, or does it mostly seem like it’s just explaining how things eventually go south?

Every morning, the Massively Overpowered writers team up with mascot Mo to ask MMORPG players pointed questions about the massively multiplayer online roleplaying genre. Grab a mug of your preferred beverage and take a stab at answering the question posed in today’s Daily Grind!

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mpandu.nky

I’ve worked for them in a couple of projects. Tencent basically leaves the creative process alone so I’m not concerned there.

This can actually be a good thing for Asian gamers since Tencent has a far-reaching influence in multiple markets in terms of localized content & regional servers.

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Al_Bundy

Honestly, Tencent is one of the better companies in the MMORPG field.

They tend to stay out of the everyday business and let the developers do their job. They own the majority of Riot Games, Grinding Gear Games, Epic Games, Supercell and all these companies are doing quite well… by that I mean all these companies are developing good games. Not my favourite games actually, but they are all delivering fun content without over the top monetization, pay2win elements or other s*** nobody wants. Either they salvage the Funcom wreck and add the development power to their existing studios or they give them something new to work on – and I’m positive it’ll be better then most of the stuff Funcom produced in recent years…

From a financial point of view Tencent by now is basically a video games ETF. They’re invested in Paradox, Blizzard, Ubisoft, if you believe in the future of videogames you should propably buy Tencent.

I bought a bunch of stucks when they were around 40€ or something, currently they’re at 59€ so that’s a solid +50% in i don’t know 3 years? Of cause it’s not Amazon but if you want to invest in videogames I think Tencent is a safer bet then a company such as say EA Games…

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ogged451

They tend to stay out of the everyday business and let the developers do their job.

Exactly that is the problem here. Funcom has largely abandoned their true MMOs so if Funcom just keeps sticking to “survival + one-shot games” as they did the last few years, it’ll still suck to be an AO, AoC, TSW or SWL player.

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Bruno Brito

This is the only occasion where Tencent letting Funcom “do it’s thing” is the worst case scenario.

But i’ll agree with the core message: Of all companies that could have acquired Funcom, Tencent is one of the best.

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Schmidt.Capela

With Epic, Tencent has “merely” a 40% stake; Tim Sweeney still retains control over the company.

Of course, if you dislike the idea of sending money to China, the fact some 40% of Epic’s profits belong to a Chinese company might be enough to give you pause.

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Al_Bundy

That really depends on how you look at it.

You’re sending money to china, yes. But a little over 30% of Tencent belongs to Nasper (South Africa) and another 60% are public/free float shares. As for most chinese companys, the vast majority of shareholders are not chinese people but investors from usa + europe: companies such as Vangaurd/Blackrock but also private people like you and me.

So even though the money is going to China first, in the end it’s my bank account that profits when Tencent gains value.

Unless China decides to expropriate foreign shareholders, which is always an option as it is still a communist dictatorship, for now it’s people in the west who profit from raising Tencent shares…

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Paragon Lost

Not really, because I wrote them off at the time they released SWL. Now I’m just a bystander watching the ongoing trainwreck that is Funcom.

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Zero_1_Zerum

Funcom? Who’s that? Oh, the makers of games that’ve never even been on my radar to try. I mean, seriously, I just checked and I’ve never wanted to play any of the games they made when they came out.

The only real problem I see here is Tencent getting even bigger.

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Does not check email

No funcom will be a cadaver to cut out interesting tidbits that will sit forgotten on a shelf. The rest will be discarded.

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Kanbe

The Funcom I think if has been dead for quite some time. SWL nailed the coffin shut for me. I don’t particularly care anymore what’s going on with them.

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Bryan Turner

Why would I, Funcom has a rep for me of leaving MMOs unfinished, they remind me of Fox Shows and how they get cancelled on Cliff Hangers; hopefully 10 Cent develops new content.

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Greaterdivinity

Nope. The scrappy, quirky MMO developer they used to be doesn’t exist anymore for one. But the bigger thing is that while there are plenty of issues with Tencent on a very high level, they’re…kinda just fine. Don’t seem to meddle in any of the studios they’ve bought or have stakes in and they largely just seem to exist to give them a big cash infusion and then enjoy having access to all that western currency.

Doubt it means any real changes at Funcom and the direction they’ve been going the past handful of years, but hopefully it will give them some more money to do something with the SW franchise sooner rather than later : /

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Malcolm Swoboda

No because I stopped particularly caring.

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Castagere Shaikura

LOL if they make AO a completely F2P MMO I would be happy.

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Bruno Brito

I think i ask you this everytime, but isn’t there an entire froob twinking culture in AO?

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Phubarrh

Problem is that you need a sub to access the Shadowlands content.