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NWR Interactive => TalkBack => Topic started by: NWR_pap64 on March 08, 2010, 08:55:03 PM

Title: Cing Files for Bankruptcy
Post by: NWR_pap64 on March 08, 2010, 08:55:03 PM
The creators of Nintendo's Hotel Dusk and Trace Memory suffer financial troubles in Japan.
 http://www.nintendoworldreport.com/newsArt.cfm?artid=22715

 On March 1, developer Cing began the process of declaring bankruptcy in Japan.  The company currently lists a debt of 256,000,000 yen (2.5 million USD), and their case is being handled by Japanese legal firm Mihoko Kido.    


Cing is best known for creating the DS titles Hotel Dusk: Room 215  and Trace Memory. They also produced a Wii sequel to Trace Memory (released in Japan and Europe, but not the Americas),  and co-developed Little King's Story for Wii along with Town Factory. Their last DS titles, Hotel Dusk sequel Last Window: Midnight Promise and Again: Eye of Providence, will be released later in the year.

Title: Re: Cing Files for Bankruptcy
Post by: NinGurl69 *huggles on March 08, 2010, 09:30:20 PM
Give me a name so I can BLAME!
Title: Re: Cing Files for Bankruptcy
Post by: LuigiHann on March 08, 2010, 09:32:55 PM
They never released the Trace Memory sequel in the US did they? I would have bought that one :(
Title: Re: Cing Files for Bankruptcy
Post by: NWR_pap64 on March 08, 2010, 09:45:07 PM
Quote from: NinGurl69 *huggles on March 08, 2010, 09:30:20 PM
Give me a name so I can BLAME!

Nintendo.
Title: Re: Cing Files for Bankruptcy
Post by: NinGurl69 *huggles on March 08, 2010, 09:51:07 PM
(http://img.photobucket.com/albums/v156/SixSidedVideo/kelli.jpg)
KELLI IS NOT PLEASED WITH NINTARDO
Title: Re: Cing Files for Bankruptcy
Post by: MoronSonOfBoron on March 09, 2010, 01:44:13 AM
Insert snarky comment about third parties on Nintendo systems.
Title: Re: Cing Files for Bankruptcy
Post by: NWR_pap64 on March 09, 2010, 02:12:10 AM
Quote from: MoronSonOfBoron on March 09, 2010, 01:44:13 AM
Insert snarky comment about third parties on Nintendo systems.

Except they were almost a second party to Nintendo with a lot of titles, including the Nintendo embraced Hotel Dusk and Trace Memory, being Nintendo exclusive.
Title: Re: Cing Files for Bankruptcy
Post by: Chozo Ghost on March 09, 2010, 02:43:23 AM
Another company (Nintendo, for example) could just pay off their debt and then basically own them. Why not?
Title: Re: Cing Files for Bankruptcy
Post by: greybrick on March 09, 2010, 02:45:54 AM
Quote from: NWR_pap64 on March 09, 2010, 02:12:10 AM
Quote from: MoronSonOfBoron on March 09, 2010, 01:44:13 AM
Insert snarky comment about third parties on Nintendo systems.

Except they were almost a second party to Nintendo with a lot of titles, including the Nintendo embraced Hotel Dusk and Trace Memory, being Nintendo exclusive.

There you go.
Title: Re: Cing Files for Bankruptcy
Post by: BlackNMild2k1 on March 09, 2010, 02:58:46 AM
Quote from: Chozo Ghost on March 09, 2010, 02:43:23 AM
Another company (Nintendo, for example) could just pay off their debt and then basically own them. Why not?

Because even with Nintendo support they still haven't made any money.
Title: Re: Cing Files for Bankruptcy
Post by: Stratos on March 09, 2010, 04:39:45 AM
Nintendo could always buy those properties if they wanted.
Title: Re: Cing Files for Bankruptcy
Post by: Chozo Ghost on March 09, 2010, 05:32:08 AM
Quote from: BlackNMild2k1 on March 09, 2010, 02:58:46 AM
Quote from: Chozo Ghost on March 09, 2010, 02:43:23 AM
Another company (Nintendo, for example) could just pay off their debt and then basically own them. Why not?

Because even with Nintendo support they still haven't made any money.

But it is a 3rd party that has given a quality effort behind its support for the Wii. That isn't something that grows on trees, you know. It makes it all the more sad that they're failing...
Title: Re: Cing Files for Bankruptcy
Post by: Stratos on March 09, 2010, 05:44:26 AM
It's sad because a number of these games were on the back log of 'to buy'. I got King's Story right away and would have gotten Another Code R if it came out, but the others kept getting pushed back on my buy list for new games.
Title: Re: Cing Files for Bankruptcy
Post by: mac<censored> on March 09, 2010, 07:41:41 AM
Did they really not make money...?

They always seemed like one of the more well-known devs -- people certainly talked about their games, especially on the DS, and they had a fair number out -- and the genres  they worked in don't seem particularly resource hungry.  What went wrong?
Title: Re: Cing Files for Bankruptcy
Post by: SixthAngel on March 09, 2010, 08:54:38 AM
Quote from: mac<censored> on March 09, 2010, 07:41:41 AM
Did they really not make money...?

They always seemed like one of the more well-known devs -- people certainly talked about their games, especially on the DS, and they had a fair number out -- and the genres  they worked in don't seem particularly resource hungry.  What went wrong?

I think they are just a really small developer.  2.5 million seems like chump change compared to other companies.  They even still have two titles coming out this year.
Title: Re: Cing Files for Bankruptcy
Post by: UncleBob on March 09, 2010, 09:12:31 AM
2.5 Million?  Really?  That's it?
Think I can come up with 49,999 other Americans who want Another Code R released in the US?  I'll gladly donate $50 to the Save Cinq fund.  Who's with me?
Title: Re: Cing Files for Bankruptcy
Post by: BlackNMild2k1 on March 09, 2010, 11:14:23 AM
If only they received all 50 of the $50, then that might be an achievable goal.
You will need at minimum double that 50k people, if not 2.5x the amount.
Title: Re: Cing Files for Bankruptcy
Post by: NinGurl69 *huggles on March 09, 2010, 12:08:04 PM
It's Nintendo's efforts that led to their non-games' successes.

It's Nintendo's fault for putting in non-effort, sending real games to die.
Title: Re: Cing Files for Bankruptcy
Post by: Stratos on March 09, 2010, 06:54:05 PM
Quote from: mac<censored> on March 09, 2010, 07:41:41 AM
Did they really not make money...?

They always seemed like one of the more well-known devs -- people certainly talked about their games, especially on the DS, and they had a fair number out -- and the genres  they worked in don't seem particularly resource hungry.  What went wrong?

I wonder if they just didn't manage themselves well enough. Didn't King's Story take over 2 years to come out? Two years with the small return they got would have hurt almost any company.
Title: Re: Cing Files for Bankruptcy
Post by: UncleBob on March 09, 2010, 08:31:42 PM
Quote from: BlackNMild2k1 on March 09, 2010, 11:14:23 AM
If only they received all 50 of the $50, then that might be an achievable goal.
You will need at minimum double that 50k people, if not 2.5x the amount.

i wasn't thinking of the donations being for copies of AC-R - I was thinking they'd be in exchange for them arranging for it to be released here.  You'd still have to buy a copy. ;)
Title: Re: Cing Files for Bankruptcy
Post by: BlackNMild2k1 on March 09, 2010, 09:09:53 PM
Quote from: UncleBob on March 09, 2010, 08:31:42 PM
Quote from: BlackNMild2k1 on March 09, 2010, 11:14:23 AM
If only they received all 50 of the $50, then that might be an achievable goal.
You will need at minimum double that 50k people, if not 2.5x the amount.
i wasn't thinking of the donations being for copies of AC-R - I was thinking they'd be in exchange for them arranging for it to be released here.  You'd still have to buy a copy. ;)
Who is gonna do that?
If I donate $50 to them than they should give me a free copy of the game and bypass all the money draining, hand in the pot, piece of the pie snatching channels.