TickleMyMary Posted May 16 Share Posted May 16 (edited) You can have a read through it here... https://ir.take2games.com/static-files/e357ad06-0762-4e80-b80c-e3869252fdfe No mention of KSP2 or Intercept as I can see so far but if this is the contents of the call then we basically have zero news. Smashing! Edited May 16 by TickleMyMary Link to comment Share on other sites More sharing options...
The Aziz Posted May 16 Share Posted May 16 You weren't looking hard enough. There is mention of KSP, in fact it's still listed - compared to february report - as key product in PD label. The only thing that has changed in fact, is a single paragraph Quote Private Division owns and operates Intercept Games, based in Seattle, a team charged with working on games set in the Kerbal universe that is missing from today's report. So sign of cancellation or anything else. By the looks of it, it's still very much alive. Link to comment Share on other sites More sharing options...
Flush Foot Posted May 16 Share Posted May 16 2 minutes ago, The Aziz said: You weren't looking hard enough. There is mention of KSP, in fact it's still listed - compared to february report - as key product in PD label. The only thing that has changed in fact, is a single paragraph that is missing from today's report. So sign of cancellation or anything else. By the looks of it, it's still very much alive. So maybe the WARN really was just about dumping office-space? <thinking/chin-stroking emoji> Link to comment Share on other sites More sharing options...
The Aziz Posted May 16 Share Posted May 16 We know for sure some people will be leaving the project - at the very least what, 4 people so far? We know nothing about the rest. So once again, a reduction is imminent. Studio closure happens. Production continues. What we don't know, is under what label and with what workforce. Everything beyond the above is speculation. Link to comment Share on other sites More sharing options...
TLTay Posted May 16 Share Posted May 16 6 minutes ago, The Aziz said: You weren't looking hard enough. There is mention of KSP, in fact it's still listed - compared to february report - as key product in PD label. The only thing that has changed in fact, is a single paragraph that is missing from today's report. So sign of cancellation or anything else. By the looks of it, it's still very much alive. When do the layoffs go into effect? End of June, right? Is the studio still technically open at the time the earnings call takes place then? Yes. That says nothing of continued survival of the game. I'm sure one of the youtubers has bothered to listen to the call and will give us info later. Link to comment Share on other sites More sharing options...
TickleMyMary Posted May 16 Author Share Posted May 16 (edited) 31 minutes ago, The Aziz said: You weren't looking hard enough. There is mention of KSP, in fact it's still listed - compared to february report - as key product in PD label. The only thing that has changed in fact, is a single paragraph that is missing from today's report. So sign of cancellation or anything else. By the looks of it, it's still very much alive. Nothing of what you've said is in the documentation released with the earnings call, if you can point me to where it does say that I'd be greatful. EDIT... Do you mean this from a totally separate document? If so, this means sod all. Source: https://ir.take2games.com/static-files/75cef79f-3814-4a46-9748-53db35eda24a Edited May 16 by TickleMyMary Link to comment Share on other sites More sharing options...
The Aziz Posted May 16 Share Posted May 16 2 minutes ago, TickleMyMary said: Nothing of what you've said is in the documentation released with the earnings call, if you can point me to where it does say that I'd be greatful. There are like 4 different presentations in there, it's in one of them. Link to comment Share on other sites More sharing options...
TickleMyMary Posted May 16 Author Share Posted May 16 Just now, The Aziz said: There are like 4 different presentations in there, it's in one of them. But not the one the post is directly about? Yes? Link to comment Share on other sites More sharing options...
TLTay Posted May 16 Share Posted May 16 12 minutes ago, The Aziz said: You weren't looking hard enough. There is mention of KSP, in fact it's still listed - compared to february report - as key product in PD label. The only thing that has changed in fact, is a single paragraph that is missing from today's report. So sign of cancellation or anything else. By the looks of it, it's still very much alive. Where is it listed in this report? I find no mention. Give a keyword please. Link to comment Share on other sites More sharing options...
Flush Foot Posted May 16 Share Posted May 16 Aziz found a screenshot from somewhere that includes KSP2 under PD Link to comment Share on other sites More sharing options...
The Aziz Posted May 16 Share Posted May 16 10 minutes ago, TickleMyMary said: Do you mean this from a totally separate document? If so, this means sod all. What do you mean separate document? All of them are an integral part of today's financial report. Link to comment Share on other sites More sharing options...
TLTay Posted May 16 Share Posted May 16 They don't need to explicitly cancel it, it's in EA, they can just let it wither on the vine as they have been so far. That's less of a legal liability, and the compelling trailer might still pull in a few sales. In the meantime, they are sacking the staff working on it, so that says enough by itself. Some people really want to cling to hope, but this was their chance to tell everyone it was being moved to a new studio and it looks like they didn't bother. Shadow cancellation looks like the order of the day. Minimal work, forever in development. Link to comment Share on other sites More sharing options...
TickleMyMary Posted May 16 Author Share Posted May 16 (edited) 7 minutes ago, The Aziz said: What do you mean separate document? All of them are an integral part of today's financial report. The documents located here... https://www.take2games.com/ir/quarterly-earnings They're all entirely separate documents, you even said there were 4 earlier so I'm not seeing the confusion here. EDIT: No mention of it here either and they DO mention games already released. Source: https://ir.take2games.com/static-files/11d85d6a-d00f-43ac-a2a1-070937d92286 Edited May 16 by TickleMyMary Source Link to comment Share on other sites More sharing options...
TLTay Posted May 16 Share Posted May 16 Looks like no useful info. Still in the dark. They should have hired HarvesteR as their lead. Then this wouldn't have happened. Link to comment Share on other sites More sharing options...
Mutex Posted May 16 Share Posted May 16 I see KSP2 listed in the document "investor presentation - may 2024" on page 19. Still looking through the other documents. Link to comment Share on other sites More sharing options...
TickleMyMary Posted May 16 Author Share Posted May 16 (edited) 3 minutes ago, Mutex said: I see KSP2 listed in the document "investor presentation - may 2024" on page 19. Still looking through the other documents. Yeah, that was the image that was posted by the Aziz... Also the only mention of ksp2. Edited May 16 by TickleMyMary damned spelling Link to comment Share on other sites More sharing options...
Mutex Posted May 16 Share Posted May 16 In "q4 2024 prepared remarks" there's some potentially relevant comments, which I can't easily copy on my phone. But on page 4 Karl Slatoff mentions their recent cost reduction program, through which they cancelled several titles. I guess they cancel titles every year, but I'm not sure we'd heard about the "recent" cost reduction program. Link to comment Share on other sites More sharing options...
HebaruSan Posted May 16 Share Posted May 16 5 minutes ago, Mutex said: I'm not sure we'd heard about the "recent" cost reduction program. Wasn't it announced 2 weeks before the WARN? https://www.reuters.com/technology/take-two-interactive-cut-5-its-workforce-2024-04-16/ Link to comment Share on other sites More sharing options...
TickleMyMary Posted May 16 Author Share Posted May 16 5 minutes ago, Mutex said: Karl Slatoff mentions their recent cost reduction program... I'm not sure we'd heard about the "recent" cost reduction program. They aren't talking to us, they're talking to the shareholders and I'm sure they're more than aware of their recent cost reduction program and the victims in that purge. I doubt the fanbase will hear anything until June (if at all) but all sign are pointing to a big nope for the future of KSP2 imo. Link to comment Share on other sites More sharing options...
Tony Tony Chopper Posted May 16 Share Posted May 16 8 minutes ago, TickleMyMary said: They aren't talking to us, they're talking to the shareholders and I'm sure they're more than aware of their recent cost reduction program and the victims in that purge. I doubt the fanbase will hear anything until June (if at all) but all sign are pointing to a big nope for the future of KSP2 imo. It was said that they will talk as soon as they can, but bureaucracy can be quite a torture at times. If they don't talk within 48 hours I begin to believe we will hear something end of June at best. The team has a heart. I believe in them. Something will be said. They just can't talk now and they feel the pain too. Link to comment Share on other sites More sharing options...
AVaughan Posted May 16 Share Posted May 16 1 hour ago, The Aziz said: We know for sure some people will be leaving the project - at the very least what, 4 people so far? We know nothing about the rest. So once again, a reduction is imminent. Studio closure happens. Production continues. What we don't know, is under what label and with what workforce. Everything beyond the above is speculation. If they were moving production to a different studio, I would have expected them to have said so by now. The virtual silence on the topic as the community implodes is pretty damning. They have nothing to say that we want to hear, so they say nothing at all. Don't forget that they announced that that they are cutting costs and that several projects were cancelled weeks before the WARN notice. As far as I'm aware we still haven't had an official announcement of what projects were cancelled, but it seems pretty likely that KSP 2 was one of them. Link to comment Share on other sites More sharing options...
TLTay Posted May 16 Share Posted May 16 9 minutes ago, AVaughan said: If they were moving production to a different studio, I would have expected them to have said so by now. The virtual silence on the topic as the community implodes is pretty damning. They have nothing to say that we want to hear, so they say nothing at all. Don't forget that they announced that that they are cutting costs and that several projects were cancelled weeks before the WARN notice. As far as I'm aware we still haven't had an official announcement of what projects were cancelled, but it seems pretty likely that KSP 2 was one of them. Their earnings call covered a period that ended before the layoffs legally take effect. They are within their right to list the project for a time period it was ongoing. Sales continue, so it remains a product. That may change for the next earnings call in 3 months. Link to comment Share on other sites More sharing options...
AVaughan Posted May 16 Share Posted May 16 9 minutes ago, TLTay said: Their earnings call covered a period that ended before the layoffs legally take effect. They are within their right to list the project for a time period it was ongoing. Sales continue, so it remains a product. That may change for the next earnings call in 3 months. None of which says anything about whether development will continue past when the layoffs take effect. If development doesn't continue, then that means the project is basically dead, and they are just milking what revenue they can from the corpse. (And yeah none of that needs to be officially announced. Although I would argue that they should update the steam and epic game store roadmaps to reflect that development is either paused or cancelled. Not doing that is arguably misleading consumers and would probably be illegal where I live). I can't see them making any money from officially announcing that they are ceasing development. So most likely they will delay announcing that the project is paused/cancelled for as long as they reasonably can. That way sales will continue, at least from people who aren't aware of the situation and don't read the recent reviews. (Quite possibly their official, for the record, position will be that no final decision on the fate of the game has been made, but I would interpret that as more an excuse to avoid saying development of the game is cancelled, than a sign that they intend to continue later). Link to comment Share on other sites More sharing options...
Tony Tony Chopper Posted May 16 Share Posted May 16 https://www.pcgamer.com/gaming-industry/intercept-roll7-closures-update/ Link to comment Share on other sites More sharing options...
aeroeng14 Posted May 16 Share Posted May 16 2 hours ago, TLTay said: They should have hired HarvesteR as their lead. Then this wouldn't have happened. Disagree. With interest rates the way they are, I think a small enough IP (by comparison to others Take 2 has) would've been canned either way. Link to comment Share on other sites More sharing options...
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