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10/7/2015 2:17:32 AM
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[quote]Go read the audited financial statements at Activision. These are audited legal documents. Intentionally posting incorrect information is fraud. It's all there. I've been in reporting for a lot of years, if you have any questions about in the results I can answer them. With facts.[/quote] Interestingly enough, I've been a financial crimes investigator for a number of years (in Canada). I spend my time investigating large scale thefts/frauds, mass marketing frauds, identity theft, bankruptcies, etc. I too am familiar with audited financial statements among other forms of financial examinations and reporting. I don't, however, intend to review the audited financial statements of Activision. If you actually have, good on ya. But, that doesn't change the fact that there's some discrepancies between what you're saying and what's been reported by multiple online sources. The TOTAL investment in Destiny by Activision is reported as $500 million. This was confirmed by their CEO, Bobby Kotick as well as several other spokesperson's for Activision (I don't have time to link everything right now, wife aggro incoming). [quote]As far as Bungie is concerned, neither you nor I will ever know if they made money or not, unless they go public. They are a private company and are not required to publicly disclose their financial information. I don't know what their costs are. They say there are 500 developers working in the game. If they each make 50,000 a year that's 250,000,000 over ten years Bungie has to pay in salaries alone.thats a guess, maybe video developers don't make that much. I don't know. That's half of the money they get from Activision alone. [/quote] This brings up a point I would agree on. I have no idea how much money Bungie made through Destiny. My understanding is Destiny was financed by Activison. What arrangements Bungie and Activision have for financing, I have no idea. But I never said Bungie or Activision were seeing profit. I said Destiny was seeing profit. I still think that's a reasonable to assume. Destiny did have 500 developers working on the game. I see there being zero chance that's still the case as the game has been developed. They're not reinventing the wheel when it comes to the DLC and expansions and would take significantly reduced resources. [quote]When ever you see a website saying Bungie made XX dollars due to sales, you can immediately discount it as wrong. Activision controls sales, not Bungie.[/quote] I don't ever recall seeing a website saying Bungie made XX dollars. I'm not sure where you got that from. [quote]Gross revenue and Net Income are very different numbers.[/quote] This is a concept that anyone who receives a pay cheque should be familiar with. I'm not 100% sure what you're insinuating here. I'm certainly not arguing that Activision has made a profit of $500,000,000. I'm arguing that Destiny (as a franchise) is already profitable and stands to increase that profitability significantly over the next several years. I'm also arguing that the hybrid income model is a money grab. Perhaps one that is already established.
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    [quote]Interestingly enough, I've been a financial crimes investigator for a number of years (in Canada). I spend my time investigating large scale thefts/frauds, mass marketing frauds, identity theft, bankruptcies, etc. I too am familiar with audited financial statements among other forms of financial examinations and reporting.[/quote] I confused now. If this is true, we shouldn't be having this conversation. Activisions financials are pretty straight forward and would be very easy to glance over with your experience. 19 pages for a quarterly release is pretty small.

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  • Now I'm confused. I looked at the Q2 report for Activision (which was 50+ pages) and found nothing to support your claim. They simply don't breakdown costs per game at any point. I was also unable to find anywhere that they've released information specific to their total investment in Destiny other than the public releases that I was referring to earlier. Please link the document that you reviewed and any other evidence to contradict that their total investment was $500,000,000.

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