Karak
Member
Admittedly this cracks me up. lol
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Paradox Interactive intends to go public this year
- Thread starter ashecitism
- Start date
Admittedly this cracks me up. lol
ashecitism
Member
I used sell out wrong, my bad.
There is like a million cosmetic DLCs, but as I said, nobody cares. All of this is financing what is among the best, if not the best "quality DLC" (as in not cosmetic) output (and post launch support) in the whole industry.
The Dutch Slayer
Member
Had the same feeling.
Its nice for the short run, but in the long run its not.
Their games have success because cost less to make and are for a small detected audience that can grow if its good and gets some attention (see city skylines).
But if the game is for a niche audience and it sells 50.000 because all the audience the game ever had it sold it to.
Shareholders always want more, more, more.
And I can see a future where paradox can't deliver that.
KuwabaraTheMan
Banned
Not sure this is a smart move.
I don't necessarily think that their type of publishing will translate to shareholders and the need for everything to be constantly skyrocketing at every moment.
I don't necessarily think that their type of publishing will translate to shareholders and the need for everything to be constantly skyrocketing at every moment.
Basileus777
Member
Paradox's expansion packs were of better quality before they went their current route and decided to sell small piecemeal DLC packs. They give a lot of things in free updates, but their paid DLC is generally underwhelming.
TheSaddestSort
Member
If this leads to them getting bought out by someone in the future I'm going to be so pissed.
ashecitism
Member
Put this in OP.
While I definitely agree with that, even their current state is better than anything else I can think of in such a time span.
.. which doesnt say good things about the average post launch support of the industry and doesnt bode well for the future.
Banjo-Kazooie
Member
Vivendi going to be sniffing around.
eyeball_kid
Member
Aggressive growth, huh? Large fund shareholders are not going to be satisfied that Paradox is making very niche games unless those become a very small part of their revenue. I think either the IPO will not go over well, or Paradox is going to turn into a very different company than we know and mostly love.
With some big publishers already pushing their ways towards Paradox's service model I suspect it could already be massively profitable for them. More and more it seems like long-term support, rather than yearly releases, might really be the best way to make money with the right type of games.
Movalpolos
Banned
ElectricThunder
Member
...COULD turn out ok...but...wow, I didn't see this coming especially after the Vampire and such acquisition.
Best I can hope for is an improvement of relative fates like Illwinter making it onto Steam and out into the broader public eye while still running their race as they do.
Best I can hope for is an improvement of relative fates like Illwinter making it onto Steam and out into the broader public eye while still running their race as they do.
What A Time To Be Alive
Member
I think people are making this out to be more than it really is.
Don't think it's really going to have that bad of an impact to the company itself but that's just my own personal opinion.
Don't think it's really going to have that bad of an impact to the company itself but that's just my own personal opinion.
What a shame. You had a good run.
The industry is littered with stories of companies that lost their way once they became accountable to investors. It's been happening for decades and it can easily happen here. I mean, Paradox's current business model is all about avoiding mass market genres and gameplay styles to satisfy a small but loyal niche. How well do you think that will go over at the annual shareholder meetings?
LordAmused
Member
And there it is, we are damned.
Thanks Paradox for all those years you delievered quality games.
Thanks Paradox for all those years you delievered quality games.
Counting Pillars of Eternity is fairly shaky, because they weren't the full publisher for it, PoE was funded by Obsidian for a large chunk.
Most of the profits in the business come from advancing money to developers against sales, then picking up absurd hits that rack up mega sales, not for distribution deals. If you look at Paradox's core it's a fairly staid company in the business sense. White Wolf Publishing isn't exactly an explosive growth business either. Crusader Kings 2 probably counts as a big hit for them, and a lot of that is off the Game of Thrones mod.
They probably need to do something wild n wacky to improve earnings anyway, investors expect earnings growth, they'll be looking to make big changes since Paradox isn't exactly rolling in Fallout 4/Grand Theft Auto money
Most of the profits in the business come from advancing money to developers against sales, then picking up absurd hits that rack up mega sales, not for distribution deals. If you look at Paradox's core it's a fairly staid company in the business sense. White Wolf Publishing isn't exactly an explosive growth business either. Crusader Kings 2 probably counts as a big hit for them, and a lot of that is off the Game of Thrones mod.
They probably need to do something wild n wacky to improve earnings anyway, investors expect earnings growth, they'll be looking to make big changes since Paradox isn't exactly rolling in Fallout 4/Grand Theft Auto money
I've lost count of how many times I've heard this sentiment. It's usually misguided.
Forces will be exerted on the company that weren't before, the interests that fans have in the company are going to have competing interests drowning them out. Also remember that once done this can never be undone if it goes bad.
-tetsuo-
Unlimited Capacity
Kill me
Lactose_Intolerant
Member
rip
Coffee Dog
Banned
oh well. it was good while it lasted. rip
Yeah, the take away here. Is that gamers really need to be the ones to invest.
Cabbagehead
Member
It was nice knowing you PD, hostile take over soon after i guess.
Maintenance
Member
Crimsonclaw111
Member
Can't wait to play Cities: Mobile with microtransactions a built in timers
It's my understanding that CDPR is already a public company though, and it's still doing its best to take care of its fans by following "ethical business practices".
With regards to Paradox, I loved their work on Crusader Kings II and Europa Universalis IV, and am eagerly looking forward to Hearts of Iron IV. I get the impression they got some heat for the way they handled DLCs for CK/EU though, and I personally thought it was irritating as well.
Perhaps their DLC practice will get worse by going public? I'm not quite sure what to think about this.
Already feel like I've kinda lost Blizzard, and now Paradox? It's a sad day...
That's actually interesting... I can see Paradox doing well. As someone who's never invested before, how easy is it to do so?
That's actually interesting... I can see Paradox doing well. As someone who's never invested before, how easy is it to do so?
Basileus777
Member
This is disappointing
I'm a big fan of their CK, Victoria, EU, etc series.
Victoria 3 is never happening now.
Hell, 2 barely happened.Phrozenflame500
Member
Huh, I don't know how to feel about this.
I'm not going to jump to a worst-case scenario overreaction just yet, but I do hope this doesn't affect any of their development practices especially considering they're generally known for their fairly niche grand strategies.
I'm not going to jump to a worst-case scenario overreaction just yet, but I do hope this doesn't affect any of their development practices especially considering they're generally known for their fairly niche grand strategies.
Hari Seldon
Member
Well fuck.
Generalpsyduck
Banned
I hope it has 10 different premium currency types.Can't wait to play Cities: Mobile with microtransactions a built in timers
I'm happy taleworlds jumped ship before this happend
ThoseDeafMutes
Member
They had a mobile game survey recently, it seems like they're planning on at minimum companion apps for the games, and possibly pocket versions of EU4 etc that can share save games with the PC. I mean I assume they're contemplating it, since they directly asked how important that was to me.
I gave them a thumb up. Sorry.
Basileus777
Member
They've been talking about getting into mobile for several years now, they just couldn't decide on a strategy of how to do it.