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General discussion (archive)Do we know what GOG is doing with their profit?(73 posts)(73 posts)
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This is my favourite topic
Posted June 04, 2014
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Dawnreader: They subsidize a zoo where thousands of monkeys are bashing on keyboards trying to recreate old Sierra games to bring it here without any of those pathetic licensing issues
Those monkeys better be getting at least 3 bananas each everyday...
Post edited June 04, 2014 by monkeydelarge
Posted June 04, 2014
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Pheace: ...Wow, CDR's stock had an instant drop after they made their 'Back to our roots' statement.
It doesn't have the connected though. Maybe the whole market went down at that time a bit.
Post edited June 04, 2014 by Trilarion
Posted June 04, 2014
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johnnygoging: why would they want to invade Valve? what spoils are there? drm-free cakes? hah

over there, the DRM-Free cake is a lie
Best "cake is a lie" reference ever, which isn't saying much but I guess it's saying a little.
Posted June 04, 2014
Don't forget the psychiatric team on call 24/7, the padded rooms, and the non toxic blue ink.
Posted June 04, 2014
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Pheace: ...Wow, CDR's stock had an instant drop after they made their 'Back to our roots' statement.
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Trilarion: It doesn't have the connected though. Maybe the whole market went down at that time a bit.
Maybe, though unlikely since it didn't recover afterwards, nor regained the same level since then. (slowly getting there though)
Post edited June 04, 2014 by Pheace
Posted June 04, 2014
You'd be surprised at how expensive negotiating can be.
Posted June 04, 2014
I feel like we'll find out a bit of the "what" tomorrow.
Posted June 04, 2014
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Trilarion: It doesn't have the connected though. Maybe the whole market went down at that time a bit.
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Pheace: Maybe, though unlikely since it didn't recover afterwards, nor regained the same level since then. (slowly getting there though)
Around 10th of March there was a crisis going on and the whole Warsaw stock index made a jump downwards. On the other hand it would make sense because there was a pronounced expression of the danger of lesser games being on GOG. Maybe some share holders saw it that way too but then within a few days the price rebounced to the value of the days before. There are many variables determining the share price.

I'm mostly impressed by the increase over the last two years. Would you have bought CDP in July 2012 you would have made quite a lot of profit.
Posted June 04, 2014
GOG should print more T-shirts with any extra funds. This would in turn result in more free advertising and more revenue in the end.
I can't find GOG merchandise on CafePress or anywhere, mostly I'm interested in T-shirts.
Posted June 04, 2014
I'd think GOG would do good to save up the profits to buy the turkey dinner that Gabe will sell Steam for :P
Posted June 04, 2014
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Pheace: Maybe, though unlikely since it didn't recover afterwards, nor regained the same level since then. (slowly getting there though)
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Trilarion: Around 10th of March there was a crisis going on and the whole Warsaw stock index made a jump downwards. On the other hand it would make sense because there was a pronounced expression of the danger of lesser games being on GOG. Maybe some share holders saw it that way too but then within a few days the price rebounced to the value of the days before. There are many variables determining the share price.

I'm mostly impressed by the increase over the last two years. Would you have bought CDP in July 2012 you would have made quite a lot of profit.
Well, after tomorrow's announcement, the stock might jump up (or down) again.
Post edited June 04, 2014 by Grargar
Posted June 04, 2014
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Psyringe: Perhaps some of our Polish community members has information about this. I think GOG's mother company is publicly traded and therefore has to disclose their balance, but I don't know how much information about GOG's finances is available.

In any case, I wouldn't expect GOG to make enough profit to make any noticeable effect in their sister company's funds. In this market in the current situation, nobody is getting rich.
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HypersomniacLive: According to CD Project SA report, GOG pays for dividends for the past two years.
Thanks, very interesting info. It seems GOG indeed does remarkably well in a not-so-easy market. I found it especially interesting that they apparently maintained the profitability of sales despite (reluctantly) succumbing to the customer expectation of vast discounts.
Posted June 04, 2014
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Psyringe: Thanks, very interesting info. It seems GOG indeed does remarkably well in a not-so-easy market. I found it especially interesting that they apparently maintained the profitability of sales despite (reluctantly) succumbing to the customer expectation of vast discounts.
I assume that deeper discounts = increased (impulse) sales. I think that a big part of this has to do with GOG experimenting with different types of sales and promos.
I also think that the first Insomnia Promo increased the paying user base by a decent percentage, and I suspect that the same happened with the second one.
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Community
General discussion (archive)Do we know what GOG is doing with their profit?(73 posts)(73 posts)
(73 posts)