Persona Developer's Parent Company Files For Bankruptcy

Grabehn

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Sep 22, 2012
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I was reading this in a pretty relaxed way, until I realized that Persona's Dev is Atlus... Now I reaaally hope that nothing happens to them, they're really cool as both dev and publisher.
 

Klonoa Prower

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Jul 23, 2008
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I'm fairly sure Atlus in Japan operates a lot differently than in America. After all, they're by and far, one of the biggest developers in that country with a massive fanbase behind them. I'm pretty sure, that whoever does buy them in the end will be more than content to just sit back and have them make them money.
 

Tony2077

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Dec 19, 2007
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J Tyran said:
Tony2077 said:
J Tyran said:
Judging by the games they make nothing of value will be lost, I was tricked into trying one of them once. They had "Catherine" on PS+ for ages advertised as an RPG, I thought "you know what as its free I will give it a go, maybe I will change my mind about JRPGs if I try a newer one", what a mistake that was. A 10GB download later and what did I get?

Some sort of weird softcore porn girlfriend simulator.

Way to confirm my bias about a genre Index Holdings.
try one the the real jrpgs they've made or published before you judge them
If you went to a cinema and spent £12 on a ticket to watch a film and the film was the weirdest garbage you have ever seen would you in all honestly go and watch another one by that filmmaker and director etc again? Answer that honestly and not answer in defense of a genre or developer you like because that isn't what I asked. If you like this stuff you like it and I wont question that or mock you for liking it but I would rather avoid playing anything by them ever again.
i will question and mock you for judging them on one game
 

PedroSteckecilo

Mexican Fugitive
Feb 7, 2008
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Mcoffey said:
J Tyran said:
-SNIP-
If you went to a cinema and spent £12 on a ticket to watch a film and the film was the weirdest garbage you have ever seen would you in all honestly go and watch another one by that filmmaker and director etc again? Answer that honestly and not answer in defense of a genre or developer you like because that isn't what I asked. If you like this stuff you like it and I wont question that or mock you for liking it but I would rather avoid playing anything by them ever again.
If the movie was an experiment by the director to do something different from their usual fair (Which Catherine was), sure. It's not reflective of their usual body of work.
I hate the Transformers films, but I put that aside and saw Michael Bay's Pain and Gain. Fantastic movie.
Good analogy!

But yeah Catherine isn't really reflective of Atlus's normal Body of Work, specifically Catherine was an attempt by the Persona/SMT Guys to do something very different.
 

Salad Is Murder

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Oct 27, 2007
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Okay, fair enough. I...wait, hold on a second...
J Tyran said:
If you went to a cinema and spent £12 on a ticket...
J Tyran said:
..."you know what as its free I will give it a go...
Nah, you couldn't be that entitled. We'll let that go. Let's take another look at what's going on here.

1) I like movies.

2) I hear a new movie by Flufflebutt Honeypore is coming out, possibly his Honeypore'ist yet.

3) I've never seen a movie by this director but everyone who has ever seen any of its movies anywhere says they're fantastic. OVERWHELMING WORD OF MOUTH AND FEEDBACK WORLDWIDE CORROBORATES THIS POINT.

4) To be honest, I didn't catch the movie when it first came out...truth to be told I didn't catch it until about two years later on Cinemax.

5) It didn't live up to my expectations, in fact, it was much more different than I was used to. Not at all like the other movies I'd ever seen; I didn't like it.

6) End result: I have decided that the only reasonable response to this scenario I find myself in is to not only hate the newly knighted Sir F. Honeypore, but every other one of his creations despite never having watched them, and to actively cheer the financial troubles of the studio that helps to fund his projects.

Yeah, that seems reasonable. Carry on, then.
 

Aiddon_v1legacy

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Nov 19, 2009
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well hopefully Atlus gets bought by someone competent. Thing is a lot of the big Japanese game companies like CAPCOM, Square-Enix, Namco-Bandai, Sony, etc are very untrustworthy to let Atlus just be themselves. If anyone should get them (especially considering how friendly they've gotten lately) are Nintendo. Still, more than likely they won't be bought by a game company
 

Quiotu

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Mar 7, 2008
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Klonoa Prower said:
I'm fairly sure Atlus in Japan operates a lot differently than in America. After all, they're by and far, one of the biggest developers in that country with a massive fanbase behind them. I'm pretty sure, that whoever does buy them in the end will be more than content to just sit back and have them make them money.
Yeah I'm pretty sure they'll be fine. I'm actually surprised they had a parent company at all; this is something I didn't know about, and Atlus is one of my favorite publishers right now.

Which leads me to ask a question... if Atlus is doing really well even if Index isn't, could Atlus potentially buy their market share back from Index and go completely independent? Atlus seems to know what they're doing when it comes to marketing their games, and they're one of the more beloved mid-tier publishers out there. Atlus being free to do whatever the hell they want without having a parent company to worry about might be the best thing ever for them.
 

PoolCleaningRobot

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Mar 18, 2012
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J Tyran said:
If you went to a cinema and spent £12 on a ticket to watch a film and the film was the weirdest garbage you have ever seen would you in all honestly go and watch another one by that filmmaker and director etc again? Answer that honestly and not answer in defense of a genre or developer you like because that isn't what I asked. If you like this stuff you like it and I wont question that or mock you for liking it but I would rather avoid playing anything by them ever again.
If you don't want to trust their games that's fine, but is that really a good reason? Persona 3 and 4 are probably some of my favorite games of all time, they don't seem to be you cup of tea so I won't push them on you but it'd be pretty sad if I was disappointed by one of their games and never tried them. Besides, I've enjoyed plenty of movies by directors that also made bad films. I saw the Village by M. Night Shammalalalam at a drive in and it was complete shit but later I saw Unbreakable by him and liked it. I also saw 2001: A Space Odyssey and thought was boring and confusing. That didn't stop me from later watching and enjoying the fuck out of The Shinning

Like I said, you don't have to like Atlus's games and can choose whatever reason that suits you but don't pretend your knee jerk reaction is somehow logical
 

Tisiphone1

Doing Science
Dec 27, 2011
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As best I can tell, this appears to be a reorganization bankruptcy rather than a liquidation, so Atlus should be fine. They're releasing Dragon's Crown in Japan on schedule and intend to continue business as usual during the reorganization.

Even were it to become a liquidation, I've seen more than one site state that the gaming division is the company's most valuable asset and would be expected to easily be bought. Not worried!
 

Frostbyte666

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Nov 27, 2010
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Salad Is Murder said:
Okay, fair enough. I...wait, hold on a second...
J Tyran said:
If you went to a cinema and spent £12 on a ticket...
J Tyran said:
..."you know what as its free I will give it a go...
Yeah you got it for free so I don't think you have much room to complain, there are also plenty of reviews and people's opinions about it since it isn't a new release so some research probably would have helped, at a 10.1Gb download I would have checked exactly what I'm getting. Ok you didn't like, a lot of other people agree with you, but then there are other games by the same developer that A LOT of people say is a masterpiece. A studio won't have a masterpiece every time, especially when trying something new, sometimes they make a flop. It's not fair to judge the entire genre on 1 game and 1 developer.

A mistake I made prejudging something was the recent star trek movies. Didn't watch the 1st because I thought bah star trek. Watched the 2nd with mates and found it brilliant...I now need to watch that 1st movie since I so completely misjudged it based on my misconceptions and personal bias against the franchise.

OT: well hope Atlus comes out of this alright.

Quiotu said:
Yeah I'm pretty sure they'll be fine. I'm actually surprised they had a parent company at all; this is something I didn't know about, and Atlus is one of my favorite publishers right now.

Which leads me to ask a question... if Atlus is doing really well even if Index isn't, could Atlus potentially buy their market share back from Index and go completely independent? Atlus seems to know what they're doing when it comes to marketing their games, and they're one of the more beloved mid-tier publishers out there. Atlus being free to do whatever the hell they want without having a parent company to worry about might be the best thing ever for them.
This is very interesting to consider and may be a good move for them if they can.
 

Tony2077

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Dec 19, 2007
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Tisiphone1 said:
As best I can tell, this appears to be a reorganization bankruptcy rather than a liquidation, so Atlus should be fine. They're releasing Dragon's Crown in Japan on schedule and intend to continue business as usual during the reorganization.

Even were it to become a liquidation, I've seen more than one site state that the gaming division is the company's most valuable asset and would be expected to easily be bought. Not worried!
well its not the states so hopefully we won't have to worry about any brainless judges screwing things up if it comes to a sale
 

CyberMachinist

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Oct 8, 2012
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This is..... I'm not sure what to feel about this but it's anything but reassuring.

Wouldn't it be "Funny" if Capcom actually did buy them out? Or they get forced into a "Partnership" Yeah that would be both hysterical and horribly sad.
 

Bleidd Whitefalcon

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Mar 8, 2012
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At least according to NeoGAF, they know that Atlus had nothing to do with it and the investigators are trying to seperate it from the rest of the investigation

http://www.neogaf.com/forum/showthread.php?t=605566
 

DrunkOnEstus

In the name of Harman...
May 11, 2012
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Doesn't every publisher and Hollywood movie studio completely fudge their numbers? I know that "Hollywood Accounting" is definitely a thing, James Earl Jones hasn't gotten paid royalties for being Vader because apparently Jedi hasn't turned a profit yet. Unfortunately (or fortunately, I guess), Atlus's company just got caught.

I do hope nothing affects them though, or at the very least they're able to retain their size. They along with a few small companies are keeping true JRPGS alive and experimenting constantly, being swallowed up by Square-Enix or something would be a disaster for the niche.
 

greenice

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Apr 7, 2010
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A sad event indeed...From my understanding, Atlus is not a separate entity from Index and as such won't be able to be properly sold,so it is possible that they will be sold in pieces thus marking the end of Atlus. But NeoGaf says that the parent company are trying to save them so maybe there is still hope left.We'll see..
 

J Tyran

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Dec 15, 2011
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Tony2077 said:
i will question and mock you for judging them on one game
I feel free to mock you for liking the kind of rubbish this developer makes, thank god there wont be any more of it.

Salad Is Murder said:
Okay, fair enough. I...wait, hold on a second...
J Tyran said:
If you went to a cinema and spent £12 on a ticket...
J Tyran said:
..."you know what as its free I will give it a go...
Nah, you couldn't be that entitled. We'll let that go. Let's take another look at what's going on here.

1) I like movies.

2) I hear a new movie by Flufflebutt Honeypore is coming out, possibly his Honeypore'ist yet.

3) I've never seen a movie by this director but everyone who has ever seen any of its movies anywhere says they're fantastic. OVERWHELMING WORD OF MOUTH AND FEEDBACK WORLDWIDE CORROBORATES THIS POINT.

4) To be honest, I didn't catch the movie when it first came out...truth to be told I didn't catch it until about two years later on Cinemax.

5) It didn't live up to my expectations, in fact, it was much more different than I was used to. Not at all like the other movies I'd ever seen; I didn't like it.

6) End result: I have decided that the only reasonable response to this scenario I find myself in is to not only hate the newly knighted Sir F. Honeypore, but every other one of his creations despite never having watched them, and to actively cheer the financial troubles of the studio that helps to fund his projects.

Yeah, that seems reasonable. Carry on, then.
Lets answer this step by step,

1- That was really just an example of some different circumstances and never inferred I paid for the game (good job too has it has no value). If you want to step around a direct implication of entitlement thats up to you

2- I checked a JRPG for the first time in years

3- Everybody tells me how great they are all the time, they never live up to the hype they get and often frankly do not deserve any recognition at all.

4- No answer needed, a game is a different medium and this game has undergone little or no change in content since release.

5- It lived up to my expectations, my very worst expectations. Actually, no thats not true, it went beyond them it was that bad. I thought people joked about how bad JRPGs can get I was in for a very rude awakening, I actually wonder what kind of deranged person would actually enjoy this game.

6- No I will never play one of their games again and it will be long years before I pluck up the courage to play another JRPG ever again, if ever. These games are obviously not worth either any money or download time. As for cheering? Never did that just a dispassionate remark that if their games are anything to go by little of value will be lost. Mr Flufflebutt Honeypore isnt getting knighted I am afraid he is out of business, this fact speaks volumes when judged in concert with the quality of their games.
 

ciancon

Waiting patiently.....
Nov 27, 2009
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People are all talking about Persona and Catherine, but WHAT ABOUT DARK SOULS!?
 

Terramax

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Jan 11, 2008
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IllumInaTIma said:
This would be a perfect opportunity for Sony to fuel up their PR train even more. Swoop in, buy Atlus, and make their games exclusive to PlayStation. Boom! Everyone wins. Okay, almost everyone. But it is still better than letting that amazing company die!
That would be great! However, I'm banking on Square making the highest bid, should it come to a sale.