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Crytek to receive $500M investment from the Turkey Government

18 points by basitmakine 10y ago

2bluesc 10y ago
> Error 508. Resource Limit Is Reached Found the AMP link via Google that appears to work: https://www.google.com/amp/hardavenue.com/crytek-receive-500m-turkey-investment/amp/ https://www.google.com/amp/hardavenue.com/crytek-receive-500...
- misframer 10y ago
  That doesn't work for me either.
esalman 10y ago
Cached: http://webcache.googleusercontent.com/search?q=cache:3VU_F2ngH-cJ:hardavenue.com/crytek-receive-500m-turkey-investment/+&cd=1&hl=en&ct=clnk&gl=us http://webcache.googleusercontent.com/search?q=cache:3VU_F2n...
deathhand 10y ago
Great day for an announcement considering banks are closed.
- cagataygurturk 10y ago
  They are not closed in Turkey, no Christmas there.
obstinate 10y ago
I want that Crytek should do well because I have a fondness for the first few games they put out, and their engine is pretty baller. So from that perspective, this seems like good news. But, there are a lot of great 3D game engines, and their recent games have not been as impressive. It's sad, but it seems like the trajectory of most game studios/companies is ballistic. You hit on something that matches the zeitgeist. You make a bunch of money. You grow. Then you lose the plot, start losing money, and eventually fold. There are precious few really old gaming studios, at least that I'm aware of. If you were to found a studio that makes a hit today, what would you do to ensure that that the organization was still producing games twenty years hence?
- SkyMarshal 10y ago
  Blizzard diversifies into other games like Overwatch, Hearthstone, Diablo. Other studios join a distributor that manages multiple games and helps smooth finances by redistributing income among their various member studios.
- fsloth 10y ago
  "There are precious few really old gaming studios, at least that I'm aware of" That applies to most companies, actually. The companies that remain at the top decade after decade are generally exceptional. As to organizational durability - you might want to read on two organizations in computing - Apple and Pixar. And no, Steve Jobs is not the link here. Pixar is Ed Catmull & co:s doing. Ed Catmull wrote a book on his view of organizational durability from the point of view of Pixar - "Creativity Inc." Nintendo is one of the oldest and still around. Etc.
orhnsnmz 10y ago
Turkey's prime minister doesn't say that the Turkish government will invest in Crytek or anything like that? He actually says that "those guys [meaning the Yerli brothers most probably, but he doesn't even mention them by name] will invest $500M in Turkey", so he means it the other way round. No way that is going to happen though, LOL.
- zzzcpan 10y ago
  The article seems to contradict the previous one too saying that Istanbul office in Turkey is not going to be shut down. But the previous one reported about not shutting down offices only in Germany and Ukraine. I'm guessing it's more like that: the government invests into Crytek and there would be no reason for them to shut down their offices in Turkey and in other locations.
erdevs 10y ago
Title is completely inaccurate (both here and on the source site). Crytek isn't mentioned by name in Turkey's PM's speech, his comments are only speculative and the apparent idea is that Crytek will "invest" in Turkey, not the other way around.

18 points by basitmakine 10y ago

> Error 508. Resource Limit Is Reached Found the AMP link via Google that appears to work: https://www.google.com/amp/hardavenue.com/crytek-receive-500m-turkey-investment/amp/ https://www.google.com/amp/hardavenue.com/crytek-receive-500...

misframer 10y ago
That doesn't work for me either.

esalman 10y ago

Cached: http://webcache.googleusercontent.com/search?q=cache:3VU_F2ngH-cJ:hardavenue.com/crytek-receive-500m-turkey-investment/+&cd=1&hl=en&ct=clnk&gl=us http://webcache.googleusercontent.com/search?q=cache:3VU_F2n...

deathhand 10y ago

Great day for an announcement considering banks are closed.

cagataygurturk 10y ago
They are not closed in Turkey, no Christmas there.

obstinate 10y ago

I want that Crytek should do well because I have a fondness for the first few games they put out, and their engine is pretty baller. So from that perspective, this seems like good news. But, there are a lot of great 3D game engines, and their recent games have not been as impressive. It's sad, but it seems like the trajectory of most game studios/companies is ballistic. You hit on something that matches the zeitgeist. You make a bunch of money. You grow. Then you lose the plot, start losing money, and eventually fold. There are precious few really old gaming studios, at least that I'm aware of. If you were to found a studio that makes a hit today, what would you do to ensure that that the organization was still producing games twenty years hence?

SkyMarshal 10y ago
Blizzard diversifies into other games like Overwatch, Hearthstone, Diablo. Other studios join a distributor that manages multiple games and helps smooth finances by redistributing income among their various member studios.
fsloth 10y ago
"There are precious few really old gaming studios, at least that I'm aware of" That applies to most companies, actually. The companies that remain at the top decade after decade are generally exceptional. As to organizational durability - you might want to read on two organizations in computing - Apple and Pixar. And no, Steve Jobs is not the link here. Pixar is Ed Catmull & co:s doing. Ed Catmull wrote a book on his view of organizational durability from the point of view of Pixar - "Creativity Inc." Nintendo is one of the oldest and still around. Etc.

orhnsnmz 10y ago

Turkey's prime minister doesn't say that the Turkish government will invest in Crytek or anything like that? He actually says that "those guys [meaning the Yerli brothers most probably, but he doesn't even mention them by name] will invest $500M in Turkey", so he means it the other way round. No way that is going to happen though, LOL.

zzzcpan 10y ago
The article seems to contradict the previous one too saying that Istanbul office in Turkey is not going to be shut down. But the previous one reported about not shutting down offices only in Germany and Ukraine. I'm guessing it's more like that: the government invests into Crytek and there would be no reason for them to shut down their offices in Turkey and in other locations.

erdevs 10y ago

Title is completely inaccurate (both here and on the source site). Crytek isn't mentioned by name in Turkey's PM's speech, his comments are only speculative and the apparent idea is that Crytek will "invest" in Turkey, not the other way around.