• Capcom: PSN Outage "Costing Us Hundreds Of Thousands, If Not Millions"

    Devin Coldewey

    Devin Coldewey is a Seattle-based writer and photographer. He has written for the TechCrunch network since 2007. Some posts he’d like you to read: The Dangers of Externalizing Knowledge | Generation i | Surveillant Society | Choose Two | Frame Wars | The User’s Manifesto | Our Great Sin His personal website is coldewey.cc. → Learn More

    Monday, May 9th, 2011

    While gamers around the world are pining for their online play and PSN store access, the companies that rely on the service to sell games are really feeling it. Capcom is one of many PSN-reliant companies that’s losing a ton of money in lost sales. VP Christian Svensson posts on their forums: “as an executive responsible for running a business, the resulting outage obviously costing us hundreds of thousands, if not millions of dollars in revenue that were planned for within our budget. These are funds we rely on to bring new games to market for our fans.”

    With the end of the outage in sight but several weeks out (by the latest estimates), it looks like they’re going to lose a lot more.