• conciselyverbose@kbin.social
    link
    fedilink
    arrow-up
    72
    ·
    11 months ago

    reportedly cost the studio roughly $42.6 million dollars to make, with a net profit hitting over $49.7 million. Approximately $7 million past the breakeven point,

    That’s not what profit means.

    Their complete butchering of the basics makes it really hard to take their analysis of cash flow seriously.

    • Squizzy@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      ·
      11 months ago

      I’m very confused, are they taking costs away from net profits which would already be inclusive of costs?

      • conciselyverbose@kbin.social
        link
        fedilink
        arrow-up
        5
        ·
        11 months ago

        Not a clue. I didn’t go deeper. If I was guessing, the 49 million is supposed to be their actual revenue (eg excluding platform fees. I’m not actually sure how they officially treat the platform cuts in their books).

        But it’s not profit (or if it is then subtracting cost again is wrong).

  • BlueMagma@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    23
    ·
    11 months ago

    I don’t understand, the article says of the 7 million after break-even they only got 567, who got the rest of the money ? Where did it go ?

    And even then, hundreds of people recieved a salary for a few years, is it not pretty good already ? To be able to sustain all these people ?

      • BlueMagma@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        8
        ·
        11 months ago

        Might be… the article is really unclear, but I really don’t think it is, they already factored in 42million in charges from the 49m… There something I don’t understand with this.

        • GenEcon@lemm.ee
          link
          fedilink
          English
          arrow-up
          20
          ·
          11 months ago

          Thats due to 0 economic knowledge of the author. The article says 49 mil profit, which should be revenue. If you mix up such basic figures I wouldn’t trust any other ‘analysis’ of the article.

          • sugar_in_your_tea@sh.itjust.works
            link
            fedilink
            English
            arrow-up
            3
            ·
            edit-2
            11 months ago

            Exactly. Things like loan payments would be part of expenses, so either the $7m isn’t profit, or they have a really bad deal with their investors if they’re taking pretty much all of the profit.

  • Paranomaly@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    1
    ·
    edit-2
    11 months ago

    I expect a large amount of this is the disastrous Xbox One launch as it was an exclusive there for a while. The PC release having features stripped didn’t help, but I imagine the idea of investing additional money at that point felt like throwing good money after bad. I mainly hope that Insomniac doesn’t become just a Marvel studio, though.

    • Zahille7@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      11 months ago

      What features were missing from the PC version? I played it on Xbox and really liked it. The movement was fun, the music was awesome, and the city looked great.

  • dbilitated
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    1
    ·
    11 months ago

    that’s such a great reason to do a sequel because it sounds like people would love it and maybe they can negotiate a better percentage and make some money back!