They’re not. Sony refunded all copy’s sold. Sony lost a metric butt ton of money on the game realized it was a massive ideological and developmental mistake and tried to correct course.
For some reason people are being super stubborn about this objectively terrible game.
Fine. Objectively it failed because very few people wanted to play it. Those people largely didn’t want to play it because it was a weak overwatch clone that came out years too late to ride it’s coattails. Happy?
I firmly believe that anything “written off” in that manner - this includes movies, too, in particular - should have to be released into the public domain as part of that process.
Any business that’s paying less taxes is harming the public good; we should at least benefit in some small way from that.
Imagine you create a product that is mechanically functional but fundamentally terrible. Only a tiny group is willing to pay for it, and even that isn’t enough to break even. You have no choice but to pull it from the market and discard it. Then the government steps in and starts distributing that product for free. This is your personal intellectual property, you no longer control it or own it.
Your comment is deeply frustrating. It shows a fundamental misunderstanding of copyright and intellectual property, which is frankly astounding.
Well if it’s “written off” of their taxes that means it’s taxes they don’t pay which is essentially paid by the rest of us in taxes we do pay. So yeah it should be public domain since we “bought” it.
That’s not accurate. A tax write-off isn’t “taxes you don’t pay”. It’s “lost income that isn’t taxed”.
The US corporate income tax is nominally 21%. If a company writes off 100 of loss (or charitible donations, or expenses, or anything else), their earnings are reduced by 100 dollars, saving them 21 bucks. There’s no way to “profit” off of failure through write-offs.
Exactly, can’t pay corporation tax on a loss because corporation tax is only paid on profit. Worked in a small company before and heard moaning from high up about having to pay corporation tax when Amazon don’t. We could have paid no corporation tax simply by giving everyone a pay raise.
It’s more likely they have contractual obligations with marketing companies, retailers, data centers, etc. If a product is discontinued they can get out of those obligations. Sure they will write off a loss and reduce the taxes they pay, but it’s not as if a bigger loss nets them more money somehow.
Really what needs to be regulated is all of the excessive exclusive B2B contracts which mean a company can’t just sell a product for a small amount of money to someone to maintain it when they’re done with that product.
I guess the loss could be argued against in court given that there is player activity, even though it’s not endorsed nor hosted by them. Just speculation
Not really. Now, please remember, im not a Japanese or American tax lawyer. A write-off is just a bookkeeping manouver that means: we are never going to make a profit on this investment so we will take the remaining cost right now instead of in installment over the bookkeeping calculated time frame we intended. It might have a time-vslue of money effect on the total value of the cost, but it’s not very significant. The tax write-off was always going to come; it was a cost after all. It’s just a matter of timing.
Let me give you an example. I’m developing a game console and it takes me 10 dollars and a year to do it. In a naïve bookkeeping world, I’d have a cost of 10 dollars the first year and for the next ten years, I’d have the COGS (cost of goods sold) as the cost and the money people pay as the income. This is not how modern bookkeeping works. The cost of year one will be split on the (for example) first 10 years of the game console life as this more realistically reflects what is going on. Cashflow is a very different thing.
I’m sure I’ve used the wrong terms for cost and income, I always do. But no one that didn’t already know what I said will notice…
You’ve said something with such absolute certainty that is not making sense to me.
Now I’m not versed in Japanese tax law, but Japan does follow International Financial Reporting Standards (IFRS). I’m also not versed in the capitalization of video game development expenses.
A business is going to write down their asset based on their ability to generate future revenue from it. With Concord dead on arrival, it would be fair to say that they would write down everything related to the individual game development. If they left any asset on the books it would be related to the IP/trademarks/copyrights/etc (maybe some transferrable technology if they are getting really specific).
I’m not able to make the connection between issuing takedowns on community servers/videos and the accounting write off of an impaired asset. Issuing takedowns seems more in line with IP protection.
This is likely going to be the main reason for the takedown notices, Sony will be exercising their legal rights in order to defend their trademarks & copyrights on Concord assets.
If a company doesn’t defend them vigorously, then any unlicensed works that are allowed to exist are then used as legal precedent moving forward to null/void such copyrights and trademarks.
As an aside, Sony is a global corporation and can likely choose to write down these losses in the most preferred region to maximise the tax offset - so likely either the US, or Ireland.
A seller doesn’t get to walk in your home, hand you a check and take your couch. The same should not be allowed for digital goods. A voluntary refund should never revoke ownership rights. But we don’t actually have ownership rights any more, do we? Or any rights.
Digital ownership is probably going to happen, but it’s going to take a generation of politicians to die off. Once we get more people that understand computers and digital goods aren’t magic, there can be change.
But we don’t actually have ownership rights any more, do we?
When it comes to video games, we’ve never had ownership rights. Buying a game has always been just buying a license. The only thing that’s changed is that now publishers have a mechanism with which to enforce it.
That is absolutely untrue. Games used to be sold as a physical object containing the game files. No serial numbers to redeem, no servers, no downloads or updates. Sometimes you’d get a booklet with the game that had some codes in it that the game would ask for on startup to make making copies a little more difficult, but that was it.
You’d literally have everything you need just on the CD, disk, or cartridge. We 100% owned the game and the system it was played on, and the only way to revoke that would have been to physically break into your house and steal it.
This whole games as services thing is about 20 years old tops, and it wasn’t even remotely approaching the standard for quite a while after that.
Games used to be sold as a physical object containing the game files.
I can do that today too. I can buy from gog, download the installer an burn it to a DVD. I now own a physical object with the game files that gog or the game publisher can not easily take away from me. I’d still just own a license, not the game, and the license can be revoked. They just couldn’t really keep me from playing the game even after it was.
You need to understand the difference between having something in your possession and having the rights to it. You never owned any video game, even in the days of cartridges, they were always licenses.
Meaningless hair splitting. I still have my entire collection of SNES cartridges. They’re still playable, and no one can take them short of robbing me. If my ownership of those games was limited to a license that could be revoked, that might not be the case.
Fuck that, when I bought Chrono Trigger for the SNES, I owned that game. I still own that game. Nintendo has not broken into my home to rescind my license to a physical cartridge that I purchased.
But as the other person replying said, with physical media they’d have to break into your house; probably not happening without them wining some kind of devastating lawsuit against you.
Anyway the point we’re all making by pointing out this seemingly pedantic distinction is that digital media is sold in the same way physical was (just, without the need to transport a physical object to provide access to the media); this is what allows media companies to now take advantage. Whether it’s losing all your “owned” movies when the PS3 store shut down, or your games being “stolen” when Ubisoft shuts down the license server, etc.
Laws haven’t caught up because this transition happened gradually and without such poor practices; and now through regulatory capture will largely be ignored.
It’s a class war and they’re winning, even though they have no idea what the consequences will be as long as they get to live in opulence and control for now.
You always have. Physical copies are sold as a license to use the product but not copy it (in some jurisdictions this is limited to “copy with intent to distribute”). This is also true of movies, music, and other media. This has been true since physical media has been available.
Under our current laws, “owning” a piece of media means control of the copyright; seems pedantic when the common terminology for having a piece of physical media is “owning”; but the point is that they would never sell you ownership; they would have to sell you a non-revocable license.
In case you weren’t aware, we’ve never had digital ownership. All software has been licensed since the dawn of software, including physical media you’ve bought
Are you using a product that is no longer sold because you have the physical media? If the rights holder decides to go after you to compel you to stop or even try to collect damages, they fucking can.
They historically haven’t because it’s a terrible PR move and they might not have a chance in court due to the physical nature of the transaction; but you’ve never “owned” software in the same way you’ve never owned a movie or music. The sale has always been a license and a physical copy.
The problem has always been the pesky physical copy, which couldn’t be revoked. Since we’ve moved to digital, boomers don’t recognize that this is theft in the digital world they’d never stand for in the real world, and the elite take advantage.
To be fair, everyone was offered a refund for that game. So technically they probably haven‘t paid for it anymore.
I still totally agree that Sony shouldn‘t go after private Concord servers. This game is very interesting, because it was an unbelievable failure despite having pretty solid gameplay. And preserving that on private servers provides a great way for other developers to learn, and maybe prevent, the tons of other issues leading to the game‘s failure.
How dare they try and play a game they paid for.
They’re not. Sony refunded all copy’s sold. Sony lost a metric butt ton of money on the game realized it was a massive ideological and developmental mistake and tried to correct course.
For some reason people are being super stubborn about this objectively terrible game.
Jesus just let it die.
On the other hand, why they actually enjoy this, regardless of the reasons, why would they stop?
Sony could just have ignored this
Please, tell me how it’s objectively terrible.
It’s a weak overwatch clone that came out years too late to ride it’s coattails
That’s a subjective opinion.
Fine. Objectively it failed because very few people wanted to play it. Those people largely didn’t want to play it because it was a weak overwatch clone that came out years too late to ride it’s coattails. Happy?
That’s not an answer to the question that was asked.
And you’re not the person I was answering
This is 100% proof Sony is going to write this off as a tax write off
I firmly believe that anything “written off” in that manner - this includes movies, too, in particular - should have to be released into the public domain as part of that process.
Any business that’s paying less taxes is harming the public good; we should at least benefit in some small way from that.
Imagine you create a product that is mechanically functional but fundamentally terrible. Only a tiny group is willing to pay for it, and even that isn’t enough to break even. You have no choice but to pull it from the market and discard it. Then the government steps in and starts distributing that product for free. This is your personal intellectual property, you no longer control it or own it.
Your comment is deeply frustrating. It shows a fundamental misunderstanding of copyright and intellectual property, which is frankly astounding.
In the US our Constitution only grants you a monopoly on your creation for a limited time before it ends up in the public domain.
The constitution grants Congress the right to create public domain laws, and that’s it. With current law it’s decades away from applying to this game.
Well if it’s “written off” of their taxes that means it’s taxes they don’t pay which is essentially paid by the rest of us in taxes we do pay. So yeah it should be public domain since we “bought” it.
That’s not accurate. A tax write-off isn’t “taxes you don’t pay”. It’s “lost income that isn’t taxed”.
The US corporate income tax is nominally 21%. If a company writes off 100 of loss (or charitible donations, or expenses, or anything else), their earnings are reduced by 100 dollars, saving them 21 bucks. There’s no way to “profit” off of failure through write-offs.
Exactly, can’t pay corporation tax on a loss because corporation tax is only paid on profit. Worked in a small company before and heard moaning from high up about having to pay corporation tax when Amazon don’t. We could have paid no corporation tax simply by giving everyone a pay raise.
It’s more likely they have contractual obligations with marketing companies, retailers, data centers, etc. If a product is discontinued they can get out of those obligations. Sure they will write off a loss and reduce the taxes they pay, but it’s not as if a bigger loss nets them more money somehow.
Really what needs to be regulated is all of the excessive exclusive B2B contracts which mean a company can’t just sell a product for a small amount of money to someone to maintain it when they’re done with that product.
How does community-run servers prevent them from writing off their losses?
I guess the loss could be argued against in court given that there is player activity, even though it’s not endorsed nor hosted by them. Just speculation
Not really. Now, please remember, im not a Japanese or American tax lawyer. A write-off is just a bookkeeping manouver that means: we are never going to make a profit on this investment so we will take the remaining cost right now instead of in installment over the bookkeeping calculated time frame we intended. It might have a time-vslue of money effect on the total value of the cost, but it’s not very significant. The tax write-off was always going to come; it was a cost after all. It’s just a matter of timing.
Let me give you an example. I’m developing a game console and it takes me 10 dollars and a year to do it. In a naïve bookkeeping world, I’d have a cost of 10 dollars the first year and for the next ten years, I’d have the COGS (cost of goods sold) as the cost and the money people pay as the income. This is not how modern bookkeeping works. The cost of year one will be split on the (for example) first 10 years of the game console life as this more realistically reflects what is going on. Cashflow is a very different thing.
I’m sure I’ve used the wrong terms for cost and income, I always do. But no one that didn’t already know what I said will notice…
You’ve said something with such absolute certainty that is not making sense to me.
Now I’m not versed in Japanese tax law, but Japan does follow International Financial Reporting Standards (IFRS). I’m also not versed in the capitalization of video game development expenses.
A business is going to write down their asset based on their ability to generate future revenue from it. With Concord dead on arrival, it would be fair to say that they would write down everything related to the individual game development. If they left any asset on the books it would be related to the IP/trademarks/copyrights/etc (maybe some transferrable technology if they are getting really specific).
I’m not able to make the connection between issuing takedowns on community servers/videos and the accounting write off of an impaired asset. Issuing takedowns seems more in line with IP protection.
This is likely going to be the main reason for the takedown notices, Sony will be exercising their legal rights in order to defend their trademarks & copyrights on Concord assets.
If a company doesn’t defend them vigorously, then any unlicensed works that are allowed to exist are then used as legal precedent moving forward to null/void such copyrights and trademarks.
As an aside, Sony is a global corporation and can likely choose to write down these losses in the most preferred region to maximise the tax offset - so likely either the US, or Ireland.
Sony refunded everyone who bought the game though.
A seller doesn’t get to walk in your home, hand you a check and take your couch. The same should not be allowed for digital goods. A voluntary refund should never revoke ownership rights. But we don’t actually have ownership rights any more, do we? Or any rights.
Digital ownership is probably going to happen, but it’s going to take a generation of politicians to die off. Once we get more people that understand computers and digital goods aren’t magic, there can be change.
The average EU politician is 50. They were 25 when Napster did its thing.
There will be no change as long as the EU is fundamentally a liberal institution.
The EU is working it’s way towards digital ownership. Gdpr and dma are steps in reducing corporate power and granting ownership over identity.
Yeah, EU has plenty of flaws but are making some good steps.
When it comes to video games, we’ve never had ownership rights. Buying a game has always been just buying a license. The only thing that’s changed is that now publishers have a mechanism with which to enforce it.
That is absolutely untrue. Games used to be sold as a physical object containing the game files. No serial numbers to redeem, no servers, no downloads or updates. Sometimes you’d get a booklet with the game that had some codes in it that the game would ask for on startup to make making copies a little more difficult, but that was it.
You’d literally have everything you need just on the CD, disk, or cartridge. We 100% owned the game and the system it was played on, and the only way to revoke that would have been to physically break into your house and steal it.
This whole games as services thing is about 20 years old tops, and it wasn’t even remotely approaching the standard for quite a while after that.
I can do that today too. I can buy from gog, download the installer an burn it to a DVD. I now own a physical object with the game files that gog or the game publisher can not easily take away from me. I’d still just own a license, not the game, and the license can be revoked. They just couldn’t really keep me from playing the game even after it was.
You need to understand the difference between having something in your possession and having the rights to it. You never owned any video game, even in the days of cartridges, they were always licenses.
“Having” is not the same as “owning”.
Meaningless hair splitting. I still have my entire collection of SNES cartridges. They’re still playable, and no one can take them short of robbing me. If my ownership of those games was limited to a license that could be revoked, that might not be the case.
I’m not sure why you are downvoted, this is 100% correct.
Fuck that, when I bought Chrono Trigger for the SNES, I owned that game. I still own that game. Nintendo has not broken into my home to rescind my license to a physical cartridge that I purchased.
Legally speaking, you own the physical cartridge, but you only own a license to the software on the cartridge.
Practically speaking, no one will break into your house to control what you do with the cartridge.
You’ve never owned Chrono Trigger.
Sorry, another way in which the world was a lie.
But as the other person replying said, with physical media they’d have to break into your house; probably not happening without them wining some kind of devastating lawsuit against you.
Anyway the point we’re all making by pointing out this seemingly pedantic distinction is that digital media is sold in the same way physical was (just, without the need to transport a physical object to provide access to the media); this is what allows media companies to now take advantage. Whether it’s losing all your “owned” movies when the PS3 store shut down, or your games being “stolen” when Ubisoft shuts down the license server, etc.
Laws haven’t caught up because this transition happened gradually and without such poor practices; and now through regulatory capture will largely be ignored.
It’s a class war and they’re winning, even though they have no idea what the consequences will be as long as they get to live in opulence and control for now.
I don’t see why I should pay for a license, especially when it can be revoked any time for any reason. That’s just not a valuable product
You always have. Physical copies are sold as a license to use the product but not copy it (in some jurisdictions this is limited to “copy with intent to distribute”). This is also true of movies, music, and other media. This has been true since physical media has been available.
Under our current laws, “owning” a piece of media means control of the copyright; seems pedantic when the common terminology for having a piece of physical media is “owning”; but the point is that they would never sell you ownership; they would have to sell you a non-revocable license.
In case you weren’t aware, we’ve never had digital ownership. All software has been licensed since the dawn of software, including physical media you’ve bought
Are you using a product that is no longer sold because you have the physical media? If the rights holder decides to go after you to compel you to stop or even try to collect damages, they fucking can.
They historically haven’t because it’s a terrible PR move and they might not have a chance in court due to the physical nature of the transaction; but you’ve never “owned” software in the same way you’ve never owned a movie or music. The sale has always been a license and a physical copy.
The problem has always been the pesky physical copy, which couldn’t be revoked. Since we’ve moved to digital, boomers don’t recognize that this is theft in the digital world they’d never stand for in the real world, and the elite take advantage.
There was a physical release
To be fair, everyone was offered a refund for that game. So technically they probably haven‘t paid for it anymore.
I still totally agree that Sony shouldn‘t go after private Concord servers. This game is very interesting, because it was an unbelievable failure despite having pretty solid gameplay. And preserving that on private servers provides a great way for other developers to learn, and maybe prevent, the tons of other issues leading to the game‘s failure.