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Jowood insolvent

Well .. old news. At the time of the message (06/01/2011) have I considered writing a blog entry, but it seemed redundant and unnecessary, since many people already at WOG in 4Players (including me) have made it a little joy with air. Kajetan from the Senior Gamers Blog wrote about it and it was also no reason to write about it also.

But now is the "joy" subsided somewhat, and the discussions became more neutral again. It was asked whether the Arcania addon is more, what happens next with Gothic, and what happens to the other game series, has driven the Jowood?

And however much it may satisfy but also that the market mechanism apparently at least one seems to have time work is not sure Jowood is really perish as a company. At least not in the next 90 days.

Jowood have been a lot like just before the bankruptcy (eg shortly before the release of Gothic 3) and an undead, who rises again from its supposedly final grave, we are not going Jowood.

Even now, it seems, gives you the recent statements of the PR people from Jowood believe that the very people could find new investors who are willing to put their money into that is proven, non-functioning strategy Jowood invest.

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Here I often wonder about the reasons. Sits the investors' money so loose? Know many People already not at all know where their money? Or there are even people who invest in relationships and network reasons in this company because they owed to the Executive Chairman a favor?

I suspect such ideas and thoughts will probably never be proved, but it is interesting to see what can come out with such thoughts.

If I am correctly informed, Jowood has only had the rights to Part 4 of the Gothic series, and it is questionable whether the Gothic is produced 5th For Jowood questionable, because the bill with Arcania is not risen, and has so far proved to be very Gothic towards learning resistant, and also questionable because Piranha Bytes grade Risen with its own "new" Series attempts to establish.

Risen indeed for the PBs was just a "safety margin" to the feet to get back on the floor, but it has probably sold well enough. One can only hope that the PBs approach now some researchers to Risen 2, generate a lot of great content, and the loyalty of the fans with a good Risen 2, aka "reward" Gothic 5 ".

From what one can read, I expect that Jowood is saved again.

But the question is: For how long?

The balance sheet of the company does not particularly good, and with Arcania now is the last glimmer of hope bursting of a financial consolidation, because the other Title in the portfolio are old, and probably throw off little more substantial profits.

The only "new" which is currently in the pipeline are addons for Spellforce and Arcania.

Whether this is enough to pay off the enormous debt of Jowood may be doubted . Jowood manages not to take one or 2 good tracks to the new portfolio, this potential saving is only a temporary solution and will only end once again be delayed by 1 or 2 years.

We will see.