Posts Tagged ‘Korean Times’

Korean Times claims Tabula Rasa Blanks Out

By Kieron Gillen on February 19th, 2008.

Well, we like it.

Cho Jin-seo of the Korean Times has started internet grumblings with his latest piece where he reports that Tabula Rasa, “has proven to be a financial disaster”. With information taken from an investor conference call, he claims that it’s only seen 5 million in revenue when TR was believed to cost 100 billion. It also claims that Garriott started the project more than twice, the studio is now to be downsized, while the project leaders, “will keep their position”. However Robert Garriott has been replaced by Chris Chung from his position as head of the organisation and the-not-ex-Lord-British Garriott is, “free from day-to-day operations”. More here.

The article’s already been strongly argued as misleading from NCsoft Sources, noting the reporter in question had previously written reports from conferences he never even attended.
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