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Default JoWooD - Game Over

April 21st, 2011, 20:36
Several sources report that JoWooD's insolvency process is moving forward, unfortunately not in the desired direction.
  • Negotiations with possible investors, and with them the intended restructuring plan, have failed.
  • JoWooD pulls back the application to pursue a restructuring plan.
  • Thereby the insolvency with a planned restructuring becomes an insolvency without a positive continuation prognosis.
  • This means the liquidation proceedings will start shortly.
  • The daughter company JoWooD Distribution Services GmbH files for insolvency on April 21st 2011.
  • Trading of the JoWooD shares at the Vienna Stock Exchange has been suspended.
Sources:
Boerse-Express (1)
Boerse-Express (2)
ORF
derStandard
More information.
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April 21st, 2011, 20:36
Meh.

Additional text because it won't let me just submit 'meh.'
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April 21st, 2011, 20:42
A good name back in the days. Now nothing more then a name. Soon its not even a name.
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April 21st, 2011, 20:47
Even a name can be sold.
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April 21st, 2011, 20:51
The sky is also blue.
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April 21st, 2011, 21:35
Brand names can be sold, yes.
Just look at the "Drakensang" name …

“ 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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April 21st, 2011, 21:46
Well I hope jw employees manage to land on decent jobs.

As for the firm itself. I can't say i'm surprised. They took a massive chance with Arcania, but the game became a turd. I wonder what would have happened if they never broke off with piranhas bytes.
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April 21st, 2011, 22:29
I can't even say I am sad to see them go…. I wish I could… but they just don't know a thing about how to treat loyal customer or loyal developers.
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April 21st, 2011, 22:41
Me neither. I was appalled by their lack of customer service.
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April 21st, 2011, 23:03
Oh well I was hoping to play the expansion pack for Arcania: Gothic 4and the Spellfore 2 expansion but it looks like it wont be happening now. Still everyone saw this coming.

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April 22nd, 2011, 03:29
The Arcania add-on is finished. It's quite probable somebody will publish it.
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April 22nd, 2011, 03:34
That's what you get for treating customers and developers like trash. Too bad the chances for the Spellforce 2 expansion to see the light of day just got smaller… As for the Arcania expansion… No thanks. Arcania sucked enough, no need for Forsaken Gods part deux.
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April 22nd, 2011, 03:58
Divine judgement.
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April 22nd, 2011, 05:07
Originally Posted by Gorath View Post
The Arcania add-on is finished. It's quite probable somebody will publish it.
I know that but due to there problems it probably will still not be released unless someone buys the rights.

Originally Posted by axellslade View Post
As for the Arcania expansion… No thanks. Arcania sucked enough, no need for Forsaken Gods part deux.
I wouldn't say it sucked just a matter of it not being as hardcore as the earlier ones. Its still a time waster and I found some enjoyment playing the game. And yes I played the earlier ones before you ask.

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April 22nd, 2011, 05:12
Originally Posted by Damian Mahadevan View Post
Divine judgement.

And Adanos said to his brothers: "Nevermore shall you set foot in my land, for it is sacred, and so shall it be!"
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April 22nd, 2011, 05:19
Hope JoWooD sells the Gothic rights to PB.

Actually, they will be sold to EA. Dragon Age 3 will be about doing battle with a huge sloth demon named The Sleeper. You'll be playing a human male and won't be allowed to pick a name. Romance options are out but you will be allowed to smoke just about anything in the game.
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April 22nd, 2011, 05:56
Originally Posted by Zloth View Post
Hope JoWooD sells the Gothic rights to PB.

Actually, they will be sold to EA. Dragon Age 3 will be about doing battle with a huge sloth demon named The Sleeper. You'll be playing a human male and won't be allowed to pick a name. Romance options are out but you will be allowed to smoke just about anything in the game.
PB doesn't have to buy the rights back, they already owned it. It was basically on loan to Jowood through Gothic 4 and 1 expansion. For Gothic 5 and beyond PB has every right to start making Gothic games. This is probably the major contributing factor to why Risen 2 setting is changing compared to how Risen 1 was, because Risen and Gothics were basically the same setting, but with Risen 2, now Risen series and the Gothic series have different settings. I have no doubt that after Risen 2, they will start to make Gothic 5. http://www.dasreviews.com/das-game-n…piranha-bytes/
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April 22nd, 2011, 06:02
Gorath —-
Thanks for the details. You have a knack for reporting these kind of business/financial stories in a way that makes them seem interesting.
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April 22nd, 2011, 08:19
Originally Posted by Eisberg View Post
PB doesn't have to buy the rights back, they already owned it. It was basically on loan to Jowood through Gothic 4 and 1 expansion. For Gothic 5 and beyond PB has every right to start making Gothic games. This is probably the major contributing factor to why Risen 2 setting is changing compared to how Risen 1 was, because Risen and Gothics were basically the same setting, but with Risen 2, now Risen series and the Gothic series have different settings. I have no doubt that after Risen 2, they will start to make Gothic 5. http://www.dasreviews.com/das-game-n…piranha-bytes/
They should probably just call it Gothic:Reborn and start over after not making the 4th one.

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April 22nd, 2011, 09:11
Originally Posted by DArtagnan View Post
The sky is also blue.
No, it isn't. Prove it. It's obviously green.
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