Swedish gaming conglom EG7 released its annual report this week, and while there isn’t a ton of new-new in it for those of us weirdos who care about Daybreak’s MMORPGs and dig into each quarterly investor report as it releases, there are still some tidbits worth highlighting.
EG7 reiterates that Big Blue Bubble’s My Singing Monsters is still making absurd amounts of money, that it shuttered AntiMatter Games, that it suffered 12 cyber attacks in the last two years, that its staffing is heavily male, that Jason Epstein is still chairman, that its stock did not have a great year, and that Daybreak has only 264 workers across all its MMORPGs.
Wait, what? Yes. On page 4 of the release, EG7 includes a world map with headcounts for every single one of its substudios. Thanks to this chart, we know Daybreak collectively counts 204 people plus 60 more at Standing Stone.
Worth noting here is that 27 of those people are listed as supposedly working for Rogue Planet, which seems like kind of a big number given PS2’s recent history. (OK, they typed Rouge Planet, far from the only typo in this international corporate memo, but cue snickers anyway). So we’re not sure what those 27 people are working on as earlier this year Daybreak transferred development of PlanetSide 2 over to Toadman after selling the IP – a move and sale mentioned absolutely nowhere in this report even in passing. EG7 also lists PlanetSide 2 under Daybreak’s accolades list, which I guess was true for most of 2023 but certainly isn’t now when this memo is out. And there’s a sad entry for H1Z1 touting its 40M lifetime players as if H1Z1 were a going concern and not just… a huge failure to manage and capitalize on 40M lifetime players.
Acting (yes still Acting) CEO Ji Ham calls it “another year of record growth when considering [EG7’s] collective performance, in spite of Daybreak’s setbacks. “This year marked a notable shift, as Big Blue Bubble temporarily surpassed Daybreak as the leading profit contributor,” Ham says. “Facing challenging comparisons to MSM and its exceptional performance, as some of Daybreak’s titles performed below expectations, largely due to delayed content releases. Consequently, Daybreak’s results for the year fell 9.3 percent year-over-year.”
As we’ve previously covered, in the Q4 investor report Ham mentioned that DC Universe Online’s sluggish native PS5 release was chief among those delays, though that came on the heels of layoffs for Dimensional Ink and little obvious marketing spend to support that release when it did arrive earlier this year, which makes the whole narrative hard to chew.
• EG7 Q3 2024: EverQuest, LOTRO, and Palia gave Daybreak its best quarter all year
• So apparently the PlanetSide IP’s new owner is a private equity firm named Astrapto Capital
• EG7 Q1 2024: Daybreak still mum on PlanetSide 2, new H1Z1 game hires lead designer
• EG7’s 2023 annual report claims Daybreak and SSG collectively count 264 staffers
• EG7 transfers PlanetSide 2 development from Daybreak to Toadman, posts 2024 roadmap
• It looks like the ‘noncore IP’ Daybreak sold for $5.9M is PlanetSide after all
• EG7 Q4 2023: DCUO’s delayed latest-gen console launch hurt Daybreak’s revenues last quarter
• Daybreak’s DC Universe Online studio Dimensional Ink is the latest games team hit with layoffs
• EG7 Q3 2023: Daybreak’s MMO revenues dip ahead of Q4 expansion deluge
• EG7 and Daybreak: DCUO’s volatility, EverQuest’s stability, Cold Iron’s new game, LOTRO’s canceled remaster
• EG7 hopes to develop a new EverQuest MMORPG (EverQuest 3?) for 2028 after years of rumors
• EG7 Q2 2023: Daybreak’s MMORPGs are ‘predictably stable’
• EG7 Q1 2023: EG7 pulled in a record $54M last quarter, and Daybreak is a huge chunk of it
• EG7 Q4 2022: Revenues are up thanks to mobile as LOTRO sees ‘mainstream resurgence’
• EG7 Q3 2022: LOTRO’s monthly active players are up 11% compared to last year
• EG7 Q2 2022: Daybreak’s Jason Epstein is now chairman of the board
• EG7 Q1 2022 financials: EG7 has canceled Daybreak’s Marvel MMORPG
• Daybreak’s EG7 intends to sell Innova subsidiary and relocate Toadman Interactive studio in a pull-out from Russia
• EG7 Q4 2021: EG7 and Daybreak post huge revenues, bank future on MTGO, LOTRO
• Lord of the Rings gaming rights are going up for sale – what will this mean for LOTRO?
• Daybreak assumes publisher role on Wizards of the Coast’s Magic: The Gathering Online
• LOTRO Legendarium: OK, let’s talk about Lord of the Rings Online on console
• EG7 Q3 2021: Daybreak revives Marvel MMORPG, still promising console and gfx upgrade for LOTRO
• EG7’s acting CEO Ji Ham discusses investment in existing Daybreak games and support of a ‘AAA project’
• EG7 Q2 2021: What the heck is going on at EG7 and Daybreak and who the heck owns Cold Iron
• Daybreak CEO Ji Ham takes over as Enad Global 7’s acting CEO
• EG7 Q1 2021: The Daybreak MMOs are headed to the 4Game platform
• EG7 addresses the Daybreak buyout, says EG7 is ‘evaluating’ H1Z1 and Just Survive
• Daybreak’s owner Enad Global 7 acquires MMORPG publisher Innova for $109M
• Daybreak’s $300M sale to EG7 is all wrapped up just in time for Christmas
• Console LOTRO and DCUO’s huge playerbase: Everything we just learned about Daybreak thanks to EG7
• Daybreak has been sold – again – this time to EG7 Global for $300M
Source:
EG7. Cheers, Greaterdivinity!