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Square Enix’s games division, Digital Entertainment – HD Games, has posted an operating loss of more than $ 48 million (¥ 5 billion / £ 36 million).
While the publisher stopped short of giving a definitive reason for the loss, the period reflected in the financial report includes tax information until the end of September 2020, the same month that its expensive live service title, Marvel’s Avengers, was released.
As detailed by our friends at Pc gamerThe publisher did not release sales figures for Crystal Dynamics’ highly anticipated superhero game, but its MMO division, which deals with games like Final Fantasy XIV, posted earnings in both periods.
Marvel Avengers: It looks like the total cost of the game is closer to $ 170 million – $ 190 million given that they only spend 70% of the cost in the quarter plus marketing costs. Why someone did not say to stop the release of the multiplayer beta will remain a mystery. Square is convinced that they can recover …November 7, 2020
Japan-based industry analyst David Gibson posited on Twitter that the loss was driven by Marvel’s Avengers as “volumes were 60% of plan,” adding that it has been implied that “the game cost over $ 100 million but only 3 million were sold.[million] more or less. Oh”.
“It looks like the total cost of the game is closer to $ 170 million – $ 190 million given that they only spend 70% of the cost on the game. [quarter] plus marketing costs, “Gibson added.” Why someone did not say to stop the release of the multiplayer beta will remain a mystery. Square is convinced that they can recover … “
In related news, Crystal Dynamics recently confirmed that Marvel’s Avengers won’t come to PS5, Xbox Series X and Series S until 2021.
In a new State of the Game post, the developer confirmed that until the official launch next year, you can still play the game on next-gen consoles through backward compatibility, inserting the disc, or re-downloading Marvel’s Avengers. This will grant faster load times and higher frame rates, and you will still be able to play with friends on current generation consoles.
To see all the other superheroes joining the game over the next few months, check out our Marvel’s Avengers game DLC guide.
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