Welcome to the largest gaming community on Lemmy! Discussion for all kinds of games. Video games, tabletop games, card games etc.
1. Submissions have to be related to games
Video games, tabletop, or otherwise. Posts not related to games will be deleted.
This community is focused on games, of all kinds. Any news item or discussion should be related to gaming in some way.
2. No bigotry or harassment, be civil
No bigotry, hardline stance. Try not to get too heated when entering into a discussion or debate.
We are here to talk and discuss about one of our passions, not fight or be exposed to hate. Posts or responses that are hateful will be deleted to keep the atmosphere good. If repeatedly violated, not only will the comment be deleted but a ban will be handed out as well. We judge each case individually.
3. No excessive self-promotion
Try to keep it to 10% self-promotion / 90% other stuff in your post history.
This is to prevent people from posting for the sole purpose of promoting their own website or social media account.
4. Stay on-topic; no memes, funny videos, giveaways, reposts, or low-effort posts
This community is mostly for discussion and news. Remember to search for the thing you're submitting before posting to see if it's already been posted.
We want to keep the quality of posts high. Therefore, memes, funny videos, low-effort posts and reposts are not allowed. We prohibit giveaways because we cannot be sure that the person holding the giveaway will actually do what they promise.
5. Mark Spoilers and NSFW
Make sure to mark your stuff or it may be removed.
No one wants to be spoiled. Therefore, always mark spoilers. Similarly mark NSFW, in case anyone is browsing in a public space or at work.
6. No linking to piracy
Don't share it here, there are other places to find it. Discussion of piracy is fine.
We don't want us moderators or the admins of lemmy.world to get in trouble for linking to piracy. Therefore, any link to piracy will be removed. Discussion of it is of course allowed.
PM a mod to add your own
Video games
Generic
Help and suggestions
By platform
By type
By games
Language specific
...pay out that bonus, which equates to $3.12 for every $1 every month that Unknown Worlds surpasses $69.8 million in revenue
Im a little lost here. Can someone explain this sentence please?
Krafton is paying out $3 for every $1 earned. They made a shit deal.
Yeah thats the part I understood, but on what conditions? If they earn 69m$ for 6 months in a row, the bonus is 0$ but if they earn 70m$ one month and 0$ for 5 more months the bonus is 210m$? That kind of doesnt make any sense.
When Krafton bought Unknown worlds there was an agreement that if Subnautica 2 hits certain revenue goals in early access Krafton pays out $250 million. So when Subnautica 2 sales hit 69.8 million Krafton had to pay out $250 million. So basically Krafton has now had to pay out 3 dollars for every dollar made from the Subnautica sales.
Oh no, the Krafton CEO cannot afford to purchase a new yacht this year. Poor guy. Should we start a GoFundMe for him?
To be fair, 90% of that 250 is going to three guys so someone was getting a yatch either way.
Was that confirmed by anyone else? Because as far as I know Krafton made that claim and I wouldn't trust a single word Krafton says.
From the articles I read: the three main developers didn't deny that fact but said, they will give parts of their money to the others. And apparently they did do that for the initial money they got for selling the company to Krafton in the first place, so at least once they followed their word.
I'm worried he'll recoup the shortfall by screwing over Krafton's other owned studios, Embracer-style.
Looks like Krafton negotiated insanely bad bonus conditions and terms for themselves here. Are they adrenaline junkies or am I bad at math because it looks like they have to pay much larger bonuses than they made revenue so far.
That entire situation was ridiculous. The major points:
Good summary. What's wild to me is reading through this and pondering the frequency of these events. "Someone made an arrogant/stupid business decision" multiple times a day every day. "Someone tried to weasel out and was told that was stupid" also every day. "Went ahead with the plan anyway" - very frequent. "Tried to burn it all down" - all too often. Then we get to the turn where the wronged actually got a fair day in court- far, far less often. Then the villain of our story with $250M on the line somehow didn't lawyer up enough to get the best justice money can buy - almost seems like fiction at this point and beyond.
So... did he use ChatGPT to write the contract in the first place? If so, that would fucking hilarious.
The acquisition was finalised in late 2021. No, Kim was stupid entirely by his own power.
Wild ride. That Kim bloke has been underwater and panicking for a while now
I mean, you could see it as an investment? You know, by motivating their workers to create a very good product that then sells very well later when they are out of early access? Like a theoretical normal company should do?
They probably need to sell over 14 million copies at full price to break even with that bonus. The math is very bad for them. That's not impossible, but it would make it one of the best selling games of all time (top 50)
Thanks for checking the math, that is indeed an ambitious goal to reach.
Subnautica 1 and Below Zero together sold over 18 million copies, so reaching over 14 million with only one installment is doable with the bonus of being well known now, but still very ambitious.
And just to admit: yeah I also think the CEO did an overly stupid thing with that amount of money as bonus. But he also uses ChatGPT as legal advisor, so him being stupid is something we already knew.