The9 posts 94 percent drop in Q3 revenues after losing WoW
Mother of pearl! We thought it was safe to assume that Shanghai-based MMO operator The9 would lose a chunk of its revenue after handing the license for World of Warcraft over to competing company NetEase. By "a chunk" we, of course, meant "a fraction." Not "almost all revenue," which according to the company's Q3 2009 financial report, is how much it lost year-over-year after passing off the rights to run WoW.
To put it numerically, The9's revenues dropped 94 percent from the same quarter last year. A hit that big must have left a sizable dent in the ol' pocketbook -- however, we're guessing the company's board members take some small, spiteful satisfaction from the tribulations the game has brought to its new operators.
To put it numerically, The9's revenues dropped 94 percent from the same quarter last year. A hit that big must have left a sizable dent in the ol' pocketbook -- however, we're guessing the company's board members take some small, spiteful satisfaction from the tribulations the game has brought to its new operators.













Reader Comments (Page 1 of 1)
Mikeymike @ Nov 27th 2009 12:36PM
What did they expect?
Alex xBeRx Sanchez @ Nov 27th 2009 12:40PM
WTF is this about?
freaparn @ Nov 27th 2009 12:46PM
It becomes much easier to process the information contained in a post if you read more than the headline, I find.
Neil @ Nov 27th 2009 12:56PM
That's pretty crazy, but then we all know WoW is a money spinner.
Lurkero @ Nov 27th 2009 2:25PM
I a little bit they will be releasing "Warld of Workraft" to the Chinese market for half the price of WoW and their revenues will bounce back
Hooded Miracle @ Nov 27th 2009 5:35PM
I'm conflicted.
On one end, your comment doesn't make much sense. There may be a lot of knockoffs, but I doubt that you could make a decent knock-off of WoW, because of the crap-load of content.
On the other end, your avatar has Gitarooman in it. And he's awesome.
Rrrrgh...
Lurkero @ Nov 27th 2009 10:43PM
It may not be easy to make a comparable knock-off, but if China restricts WoW as reported, then it will be easy for someone to take the market
VaultBoy @ Nov 28th 2009 3:12PM
Ah yes, nothing like good old fashioned totalitarian repression... But seriously that's f***ed up. Did The9 make a consciously stupid decision to lose the license, or was it out of their hands?