When youre making a speech, theres always a temptation to come up with a big vision.
That was certainly the case at Casual Connect Seattle 2012.
The conference keynote was given by Big Fish Games CEO Paul Thelen, and it was a fiery affair.
You cant do everything. You need a singular focus based on ROI, he said, announcing Big Fishs big new vision - its streaming cloud-based game service Big Fish Unlimited.
This launched in the US, bringing Big Fishs casual games to PC/Mac, smartphones, tablets and smart TV via Roku, using HTML5 to enable the games to run in browsers.
Storm clouds
A year on, however, and that vision of taking cloud-based gaming to Big Fishs global casual audience is looking very different.
Big Fish has just announced its shutting down Big Fish Unlimited, shutting down its Vancouver studio, and reorganising its Seattle HQ, with the loss of 47 jobs.
Its also looking to streamline its language support around English, French, German and Japanese, and hence close its Irish localisation office.
One thing is constant over the years, though, and thats Thelens focus on ROI.
In an email to staff, he noted, We need to realign our resources by increasing investment in the areas that are growing or profitable and eliminating investment in areas that are not on a path to success.
In terms of Big Fish Unlimited, the cost equation failed in two ways. Not only was the cost of running a cloud-based streaming service too high, but user adoption for the $8/month service was too low.
The future is ahead
But there is some good news.
Big Fishs free-to-play mobile business is performing well, as are its casino games.
Indeed, now entering its eleventh year, the privately held company, which had sales of around $180 million in 2012, remains profitable with positive cash flow.
Thelen ends, We are making these adjustments from a position of strength, not weakness, and I am confident that our best days are ahead.
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
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