In news originally published by gamesindustry.biz, it looks like Age of Conan's woes continue, this time on a financial level, as Funcom reported losses of more than 23 million USD for the fourth quarter of 2008.
In addition to poor performance in both sales and subscriptions, the company's CFO, Olav Sandnes, has resigned from his position.
"Funcom is a company with a substantial potential based on a unique combination of skill sets in a fast growing global market. I wish Trond Aas and the rest of the organisation all the best in realising the full potential of the company," Sandnes said about leaving the company.
For the entire year, Funcom reported losses of around 33.8 million USD, though revenues did rise sharply in the fourth quarter, primarily due to Age of Conan subscriptions.
To read more on the article, head over to gamesindustry.biz.
Comments
FUNCOM = FAILCOM to their customers.