What about all the investors who lost their chance of a profit? It seems so easy, go bankrupt and continue on with the same company and management but no debt.
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OnLive Denies Rumors That the Company is Shutting Down [Updated]
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What about all the investors who lost their chance of a profit? It seems so easy, go bankrupt and continue on with the same company and management but no debt.
Engadget has a great update that's highly informative and quite interesting on what OnLive is going through - and it's not bankruptcy - but an Assignment for the Benefit of Creditors (Engadget story). Check it out if you want information, not to keep trolling.
I feel bad for those folks who lost their jobs. Doesn't give me much hope with the reliability of everything in the cloud. It was cool that I was able to play some pc games on the Air without needing a dedicated gpu. Oh well.
And this is where I'd say a service like this failed. Why would I pay almost hte same amount of money for a game I didn't own, just paid to be able to use? All that means is that they could suddenly take it away from me for whatever reason.
If I were to use a service like that, I'd expect the pay for use of games to be significantly cheaper than paying to own the game.
Some people with Macs also run Windows on them. Are we going to see a bunch more Windows rumors on here?
that's the future. spending money on air. the stronger will be delivering air the weak will be gone and you just get air
I saw this coming when they announced OnLive years ago and this is EXACTLY the reason why, even though i thought the idea of OnLive was awesome, i was NEVER going to purchase anything through them, at least with STEAM i have a copy of the game on my HDD and can run it in offline mode if they ever shut up shop, with OnLive, when they decide the servers are going down, wave bye bye to your games, even though you only bought them recently.
Now, had they done a deal with the publishers, say, that allowed me to put in my CD key from a boxed copy of the game and play it through OnLive, and charged a monthly Netflix like sub for the service, i think they may have had a better chance of surviving, at least doing it that way they would have had a revenue stream to keep the servers and employees paid.
Now, had they done a deal with the publishers, say, that allowed me to put in my CD key from a boxed copy of the game and play it through OnLive, and charged a monthly Netflix like sub for the service, i think they may have had a better chance of surviving, at least doing it that way they would have had a revenue stream to keep the servers and employees paid.
Sounds more like financial restructuring than anything else.
"OMFG! We're not making any money
""Gotta cut costs, init. LOLZ"
"Let's close the company. Sack everyone. Immediate cost reduction."
"Then we start a new company, same products, just fewer staff."
"WIN! LOLZ".
What's their cap? I've never reached it. Thought it didn't exist. I use a TON of data...
It was 250GB, supposedly they have removed the cap in order to reevaluate how much data their customers use.
Wow. I hope they don't add it again. My neighbors jump on my guest router every so often, plus all of my family's computer, we have to use almost 250 if not more.
