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Category: Games

PSN Downtime Costs Capcom Millions of Dollars

Written on May 11, 2011 by Japhet Writ

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"As an executive responsible for running a business, the resulting outage is obviously costing us hundreds of thousands, if not millions of dollars in revenue." --- Christian Svensson, Senior Vice President, Capcom

According to Street Fighter game developer, , the continued is costing developers and publishers hundreds of thousands. In addition to this, the current situation brings future projects at risk. Capcom’s senior vice president, Christian Svensson, revealed at the Capcom Unity forums that the blackout costs the company a huge amount of money.

“As an executive responsible for running a business, the resulting outage is 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.

“The hackers appear to be trying to ‘punish’ for some perceived injustice, and they’ve been effective in that I suppose. But they’re also punishing millions of other consumers and businesses which makes it impossible to be sympathetic to their cause.

“As a consumer, I also play games online on PS3, which I can’t do… and likely my personal information is also compromised. Secondly I like to buy things in the PlayStation store and that I can’t do right now.”

Yesterday, Sony cleared out that the PSN and its related services may not be fully restored until the end of the month.

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