Topic: Cing Files for Bankruptcy

[NWR_pap64]

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.

[NinGurl69 *huggles]

Give me a name so I can BLAME!

[LuigiHann]

They never released the Trace Memory sequel in the US did they? I would have bought that one

[NWR_pap64]

Give me a name so I can BLAME!

Nintendo.

[NinGurl69 *huggles]

KELLI IS NOT PLEASED WITH NINTARDO

[MoronSonOfBoron]

Insert snarky comment about third parties on Nintendo systems.

[NWR_pap64]

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.

[Chozo Ghost]

Another company (Nintendo, for example) could just pay off their debt and then basically own them. Why not?

[greybrick]

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.

[BlackNMild2k1]

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.

[Stratos]

Nintendo could always buy those properties if they wanted.

[Chozo Ghost]

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...

[Stratos]

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.

[mac<censored>]

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?

[SixthAngel]

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.

[UncleBob]

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?

[BlackNMild2k1]

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.

[NinGurl69 *huggles]

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.

[Stratos]

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.

[UncleBob]

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.

[BlackNMild2k1]

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.