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Default JoWooD - Successful Year 2007

May 7th, 2008, 15:34
JoWooD published their financial report for the business year 2007. The merged JoWooD / Dreamcatcher group increased its revenue to 22.832 TEUR (+50.2%) and earned 2.406 TEUR (+19%). A good result considering the dramatic restructuring both companies had to undergo in the last few years.
The report reveals that JoWooD is in a legal dispute with their former co-publisher Koch Media / Deep Silver.
More information.
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May 7th, 2008, 15:34
Uh… what's a TEUR? If it's a tera-Euro, I need to buy me some JoWooD.

Edit: It's thousands of EUR, but those numbers still don't make much sense. 22.832 TEUR is the same as 22,832 EUR, which is… not a lot. Maybe they mean 22,832 TEUR, or 22,832,000 EUR. Damn decimal points…
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May 7th, 2008, 15:48
Yes, it´s thousand Euros. The points are used every three digits to make it more readable.

I posted three similar newsbits at once to make the comparison between the 3 publishers easier.

("Teuro", the "eu" pronounced as in "oil" is also a German slang name for our currency which includes the "t" from "teuer" (= expensive), hinting at the fact that many things have the same price in EUR they had in DM a couple of years ago and thus are effectively almost twice as expensive. That´s certainly not what they mean here though.)
Last edited by Gorath; May 7th, 2008 at 19:49.
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May 7th, 2008, 16:57
I guess German is like Finnish WRT decimal points and mille separators — comma for the decimal point, period for the mille separator. So, 1.000.000,00.

In English it's the other way around: 1,000,000.00. Since English was the language of the press release, they should've used that convention. I was genuinely confused by the numbers, not just being facetious.
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May 7th, 2008, 17:14
The article on the JoWooD site is in German.
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May 7th, 2008, 19:37
Originally Posted by Gorath View Post

("Teuro", the "eu" pronounced ass in "oil" …
Wait a minute! - "Ass"!?
Pleaaaase, Gorath! Mind your manners!
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May 7th, 2008, 19:49
Fucking spelling-nazi!
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May 8th, 2008, 00:37
I'd call it TEURO.

“ Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius – and a lot of courage – to move in the opposite direction.“ (E.F.Schumacher, Economist, Source)
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