I can't really say I'm too surprised. It was a novel idea and all, but I just didn't see any point to getting it. I'm sure it's fine for someone with a lower-end computer, but even then I think most people who couldn't run the PC version of a game would rather have a copy on console (providing it's not PC exclusive). I just don't think there was much of a market for Onlive.
edited 17th Aug '12 4:32:36 PM by cfive
the Prodigal
That no buffering instant watch someone playing thing was AWESOME. Pity it had to go.
Artificial Intelligence is no match for Natural Stupidity.
Well, half the company's laid off and the site's still up. They've just been bought out by a third-party company so maybe it still exists.
They are pulling some very tricky legal strings to keep the service running. Basically, everyone was laid off and anyone who took stock options as a benefit has lost them, and all their other benefits are canceled (that particularly rankles me...how can they legally claim salary deductions that as far as I know were in something like a savings account?). A few people are then getting immediately hired by the new shell company to run the service.
I love how the basics of the bankruptcy deal is "the owner walks away debtless. everyone loses all their savings"
http://www.theverge.com/2012/8/28/3274739/onlive-report
no wonder the went bankrupt. the CEO is an asshole
Too much adorableness
^ At least this asshole is out of the "new" On Live for good...
Give me cute or give me...something?
That whole EA fiasco makes the CEO out to be a childish narcissist. Refusing to do business with one of the biggest players in the industry... because they allowed a competitor to show their trailers?
Politics is the skilled use of blunt objects.
Not even I would go that low.
Hmph, seems most CEO's these days are psychopathic manchildren.
edited 29th Aug '12 8:06:27 PM by NickTheSwing
Sign on for this After The End Fantasy RP.
I think most of them are smart to avoid commercial suicide though.
Politics is the skilled use of blunt objects.
Warlock Necromancer
That is a really oily affair. At least karma struck Perlman down in the end, in a way.
Fantastic Supreme Überkaiser Emperor Folt of The Infinity and Beyond" ... "The First"!
Wait, can someone give me too long to read version of that article?
Also, I guess CEO people have bit of ego("I'm in this position, so I obviously deserved it!" and too greedy for money :P And probably used to be charismatic bullies that were bad at school in their youth
Teel-deer version: The CEO was arrogant and childish, micromanaged too much, and scuttled several important deals (EA and Activision, various potential suitors to buy the company out, hiring in key positions) for petty reasons. With a different person at the helm, they might have made it.
"In distress", my ass.
With a different person at the helm, they might have made it.
I don't know if I'd put it quite as strongly as even "might have made it" (I'm still skeptical about the viability of their basic business model), but given what I've read about this charming individual, it certainly would have nudged the odds more in their favor.
All your safe space are belong to Trump
Given that anything to do with "the cloud" is hot right now, a better managed company could at least have managed to preserve enough value to get themselves bought by a bigger fish. Sony bought out On Live's competitor for $380 million. This guy purposely threw away deals that could have been key assets and income sources.
Huh
, they'd just signed up to support the Ouya thing.
Dumbo