Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
As we continue to wait for official comment from Activision, Infinity Ward or any of the reported players affected by the alleged ousting of Infinity Ward executives, a related story has gained significant traction and deserves some attention. BingeGamer reports that Infinity Ward “has yet to be paid a single dime in royalties for Modern Warfare 2.” As the developer is a wholly-owned Activision studio, we turned to some leading industry analysts to explain what appears to be a private contractual matter.
EEDAR analyst Jesse Divnich tells Joystiq, “I couldn’t speak to what the royalty agreement between Activision and Infinity Ward is. If royalties haven’t been paid out yet, I wouldn’t consider that too alarming. The game has only been out for a little over 90 days. Additionally, it is common to see royalty agreements based upon factors such as hitting release date, review scores (a.k.a. ‘Metacritic Clauses’) or revenue milestones. I think if you just replace the word ‘royalties’ with ‘bonus’ it should make some more sense.”
Wedbush Morgan’s Michael Pachter explains, “I don’t know the nature of [Infinity Ward's] contract, but my bonus is paid after year-end (in February), and theirs is likely the same. The idea that they haven’t been paid ‘yet’ is not all that surprising. The year just closed, and the final SEC documents were filed yesterday.” He continues, “IW sold itself to Activision back in 2004, Activision owns the [Call of Duty] IP, and the guys leaving were employees under some kind of contract. Activision appears to believe that they have breached this contract, and may or may not be justified in withholding bonuses.”
We’ll continue to follow the Activision and Infinity Ward situation and report on it as soon as official statements are made. Check out Pachter and Divnich’s full analyses after the break.
Continue reading Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses originally appeared on Joystiq on Tue, 02 Mar 2010 15:30:00 EST. Please see our terms for use of feeds.
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Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
As we continue to wait for official comment from Activision, Infinity Ward or any of the reported players affected by the alleged ousting of Infinity Ward executives, a related story has gained significant traction and deserves some attention. BingeGamer reports that Infinity Ward “has yet to be paid a single dime in royalties for Modern Warfare 2.” As the developer is a wholly-owned Activision studio, we turned to some leading industry analysts to explain what appears to be a private contractual matter.
EEDAR analyst Jesse Divnich tells Joystiq, “I couldn’t speak to what the royalty agreement between Activision and Infinity Ward is. If royalties haven’t been paid out yet, I wouldn’t consider that too alarming. The game has only been out for a little over 90 days. Additionally, it is common to see royalty agreements based upon factors such as hitting release date, review scores (a.k.a. ‘Metacritic Clauses’) or revenue milestones. I think if you just replace the word ‘royalties’ with ‘bonus’ it should make some more sense.”
Wedbush Morgan’s Michael Pachter explains, “I don’t know the nature of [Infinity Ward's] contract, but my bonus is paid after year-end (in February), and theirs is likely the same. The idea that they haven’t been paid ‘yet’ is not all that surprising. The year just closed, and the final SEC documents were filed yesterday.” He continues, “IW sold itself to Activision back in 2004, Activision owns the [Call of Duty] IP, and the guys leaving were employees under some kind of contract. Activision appears to believe that they have breached this contract, and may or may not be justified in withholding bonuses.”
We’ll continue to follow the Activision and Infinity Ward situation and report on it as soon as official statements are made. Check out Pachter and Divnich’s full analyses after the break.
Continue reading Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses originally appeared on Joystiq on Tue, 02 Mar 2010 15:30:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
As we continue to wait for official comment from Activision, Infinity Ward or any of the reported players affected by the alleged ousting of Infinity Ward executives, a related story has gained significant traction and deserves some attention. BingeGamer reports that Infinity Ward “has yet to be paid a single dime in royalties for Modern Warfare 2.” As the developer is a wholly-owned Activision studio, we turned to some leading industry analysts to explain what appears to be a private contractual matter.
EEDAR analyst Jesse Divnich tells Joystiq, “I couldn’t speak to what the royalty agreement between Activision and Infinity Ward is. If royalties haven’t been paid out yet, I wouldn’t consider that too alarming. The game has only been out for a little over 90 days. Additionally, it is common to see royalty agreements based upon factors such as hitting release date, review scores (a.k.a. ‘Metacritic Clauses’) or revenue milestones. I think if you just replace the word ‘royalties’ with ‘bonus’ it should make some more sense.”
Wedbush Morgan’s Michael Pachter explains, “I don’t know the nature of [Infinity Ward's] contract, but my bonus is paid after year-end (in February), and theirs is likely the same. The idea that they haven’t been paid ‘yet’ is not all that surprising. The year just closed, and the final SEC documents were filed yesterday.” He continues, “IW sold itself to Activision back in 2004, Activision owns the [Call of Duty] IP, and the guys leaving were employees under some kind of contract. Activision appears to believe that they have breached this contract, and may or may not be justified in withholding bonuses.”
We’ll continue to follow the Activision and Infinity Ward situation and report on it as soon as official statements are made. Check out Pachter and Divnich’s full analyses after the break.
Continue reading Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses originally appeared on Joystiq on Tue, 02 Mar 2010 15:30:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
As we continue to wait for official comment from Activision, Infinity Ward or any of the reported players affected by the alleged ousting of Infinity Ward executives, a related story has gained significant traction and deserves some attention. BingeGamer reports that Infinity Ward “has yet to be paid a single dime in royalties for Modern Warfare 2.” As the developer is a wholly-owned Activision studio, we turned to some leading industry analysts to explain what appears to be a private contractual matter.
EEDAR analyst Jesse Divnich tells Joystiq, “I couldn’t speak to what the royalty agreement between Activision and Infinity Ward is. If royalties haven’t been paid out yet, I wouldn’t consider that too alarming. The game has only been out for a little over 90 days. Additionally, it is common to see royalty agreements based upon factors such as hitting release date, review scores (a.k.a. ‘Metacritic Clauses’) or revenue milestones. I think if you just replace the word ‘royalties’ with ‘bonus’ it should make some more sense.”
Wedbush Morgan’s Michael Pachter explains, “I don’t know the nature of [Infinity Ward's] contract, but my bonus is paid after year-end (in February), and theirs is likely the same. The idea that they haven’t been paid ‘yet’ is not all that surprising. The year just closed, and the final SEC documents were filed yesterday.” He continues, “IW sold itself to Activision back in 2004, Activision owns the [Call of Duty] IP, and the guys leaving were employees under some kind of contract. Activision appears to believe that they have breached this contract, and may or may not be justified in withholding bonuses.”
We’ll continue to follow the Activision and Infinity Ward situation and report on it as soon as official statements are made. Check out Pachter and Divnich’s full analyses after the break.
Continue reading Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses
Analysts: No cause for concern over reported unpaid Modern Warfare 2 bonuses originally appeared on Joystiq on Tue, 02 Mar 2010 15:30:00 EST. Please see our terms for use of feeds.
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Heavy Rain buoyed to top of UK sales charts
Consumers in the UK poured out the pounds for PS3’s Heavy Rain last week, according to Chart-Track’s all-formats chart. The adventure game took the hill from Aliens vs. Predator, which slipped down one spot. Meanwhile, Just Dance kept doing its cha-cha of endurance and took third.
Nintendo’s Wii Fit Plus got a second wind (or a big shipment to the region) and overtook Call of Duty: Modern Warfare 2 after moving up five spots and into fourth. Finally, Napoleon: Total War marched in at #12 while White Knight Chronicles began its quest at #35.
Source - Heavy Rain storms the charts [GFK Chart-Track]
Source - Latest UK Software Charts [GFK Chart-Track]
Heavy Rain buoyed to top of UK sales charts originally appeared on Joystiq on Mon, 01 Mar 2010 09:15:00 EST. Please see our terms for use of feeds.
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Heavy Rain buoyed to top of UK sales charts
Consumers in the UK poured out the pounds for PS3’s Heavy Rain last week, according to Chart-Track’s all-formats chart. The adventure game took the hill from Aliens vs. Predator, which slipped down one spot. Meanwhile, Just Dance kept doing its cha-cha of endurance and took third.
Nintendo’s Wii Fit Plus got a second wind (or a big shipment to the region) and overtook Call of Duty: Modern Warfare 2 after moving up five spots and into fourth. Finally, Napoleon: Total War marched in at #12 while White Knight Chronicles began its quest at #35.
Source - Heavy Rain storms the charts [GFK Chart-Track]
Source - Latest UK Software Charts [GFK Chart-Track]
Heavy Rain buoyed to top of UK sales charts originally appeared on Joystiq on Mon, 01 Mar 2010 09:15:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Heavy Rain buoyed to top of UK sales charts
Consumers in the UK poured out the pounds for PS3’s Heavy Rain last week, according to Chart-Track’s all-formats chart. The adventure game took the hill from Aliens vs. Predator, which slipped down one spot. Meanwhile, Just Dance kept doing its cha-cha of endurance and took third.
Nintendo’s Wii Fit Plus got a second wind (or a big shipment to the region) and overtook Call of Duty: Modern Warfare 2 after moving up five spots and into fourth. Finally, Napoleon: Total War marched in at #12 while White Knight Chronicles began its quest at #35.
Source - Heavy Rain storms the charts [GFK Chart-Track]
Source - Latest UK Software Charts [GFK Chart-Track]
Heavy Rain buoyed to top of UK sales charts originally appeared on Joystiq on Mon, 01 Mar 2010 09:15:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Heavy Rain buoyed to top of UK sales charts
Consumers in the UK poured out the pounds for PS3’s Heavy Rain last week, according to Chart-Track’s all-formats chart. The adventure game took the hill from Aliens vs. Predator, which slipped down one spot. Meanwhile, Just Dance kept doing its cha-cha of endurance and took third.
Nintendo’s Wii Fit Plus got a second wind (or a big shipment to the region) and overtook Call of Duty: Modern Warfare 2 after moving up five spots and into fourth. Finally, Napoleon: Total War marched in at #12 while White Knight Chronicles began its quest at #35.
Source - Heavy Rain storms the charts [GFK Chart-Track]
Source - Latest UK Software Charts [GFK Chart-Track]
Heavy Rain buoyed to top of UK sales charts originally appeared on Joystiq on Mon, 01 Mar 2010 09:15:00 EST. Please see our terms for use of feeds.
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RE5 Gold tops Japanese charts; Heavy Rain floods top ten
Even without the PlayStation Motion Controller to back it up, Resident Evil 5 has struck gold for a second time. The PS3 version of Resident Evil 5: Gold Edition (Alternative Edition in Japan) hit the top of the Media Create sales chart in Japan following its February 18 release, selling 143,339 copies. God Eater continues to gobble up attention, taking the #2 spot with 64,192 units sold (while passing 500k units sold to date).
Another big PS3 game also debuted in the top ten this week: Heavy Rain, which fell in at #6, selling 26,775 copies. In a way, the Japanese version is the superior release, because the voice acting doesn’t seem to have been performed by French people faking Japanese accents. See the full top ten after the break.
Continue reading RE5 Gold tops Japanese charts; Heavy Rain floods top ten
RE5 Gold tops Japanese charts; Heavy Rain floods top ten originally appeared on Joystiq on Fri, 26 Feb 2010 09:35:00 EST. Please see our terms for use of feeds.
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RE5 Gold tops Japanese charts; Heavy Rain floods top ten
Even without the PlayStation Motion Controller to back it up, Resident Evil 5 has struck gold for a second time. The PS3 version of Resident Evil 5: Gold Edition (Alternative Edition in Japan) hit the top of the Media Create sales chart in Japan following its February 18 release, selling 143,339 copies. God Eater continues to gobble up attention, taking the #2 spot with 64,192 units sold (while passing 500k units sold to date).
Another big PS3 game also debuted in the top ten this week: Heavy Rain, which fell in at #6, selling 26,775 copies. In a way, the Japanese version is the superior release, because the voice acting doesn’t seem to have been performed by French people faking Japanese accents. See the full top ten after the break.
Continue reading RE5 Gold tops Japanese charts; Heavy Rain floods top ten
RE5 Gold tops Japanese charts; Heavy Rain floods top ten originally appeared on Joystiq on Fri, 26 Feb 2010 09:35:00 EST. Please see our terms for use of feeds.
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