Square Enix’s latest quarterly report announced that the company has suffered serious damage. The company recently released the Marvel’s Avengers game.
Marvel’s Avengers game, which was released last September, has run into issues ever since. While the game’s well-written script drew many fans to the series, the production Kamala Khan tried to rally the team in didn’t seem quite as desired.
While the game’s underlying story was good, the operation of the live service model had serious issues. The sheer number of errors in the game and the fact that most of them are still uncorrected was another factor that kept the players away from the production. The end of the game could please no one.
Sales are not at the desired level
Interest from the game was not as high as expected and content to be added after release was also delayed, diverting the game’s followers, which are rated AAA, to other productions. This returned to Square Enix as lower sales.
Square Enix, Crystal Dynamics’ rooftop company that developed the game, revealed the gravity of the situation in its recently released financial report for the last quarter. According to the report, the company’s digital entertainment HD gaming business suffered a loss of 6.5 billion yen (approximately 536 million TL). Marvel’s Avengers sales also remained at 60% of what was expected.
Square Enix has not disclosed how many copies the game has sold or how much money has been spent developing it. Nevertheless, the production was produced at a price of between $ 170 and $ 190 million, according to experts, based on the knowledge that the game covered 70% of the production costs.
Announced profit last quarter
The company posted a serious profit of 10 billion yen in the previous quarter with the Final Fantasy VII Remake. The company’s total sales reached 34.1 billion yen. In fact, Marvel’s Avengers also attracted millions of players in the beta phase, but the short beta and release wasn’t enough to fix the issues.
The game continues to lose blood at this point. With PC players starting to exit production, content featuring Hawkeye and Kate Bishop, said to be added to the game, has also been delayed. Let’s see if Cyrstal Dynamics can save the game from here.