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Price Changes - 4th June 2018

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Miu

Miu

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Angel2D4 said :
MechaFury said :

They are simply Lining investor pockets
Or
They are lining there own Pockets
OR BOTH

Do not forget guys Andrew and Paul Left in 2011 - Notice What happened after there departure.

There is something wrong here and anyone with a brain and simple understanding of how companies function will


And with minimal research one could find that Andrew left (sold out the last of his shares) in 2010.

At that time there were 3 investment firms that owned jagex (with Insight owning controlling interest and Spectrum and The Raine Group owning lesser shares).

More recently though, jagex was purchased from those investment firms, lock stock and barrel. 100% owned by a single company in China when it was all said and done.

Those new owners have been around a couple years now, but quite recently their stock has tanked (and tanked hard).

Ofc the owners want their company (jagex) to make as much money as possible.. that's what companies do.. jagex is no exception to that.

So it's a buck or so increase per month.. less than a single one of those starbucks lattes.. per month.. less than a single bottle of whatever your fave flavoured drink of choice might be.. less than fries to go with that burger.. once a month.. less than one candy bar per month.

Some are acting like it's the end of the world because a company raised their prices.. when most companies raise their prices on most things EVERY SINGLE YEAR.

It's all been blown way out of proportion, IMO. It's a simple thing.. the game you play is worth the cost (to you) or it isn't and you find one that is.

So stinkin' simple. Really.


And Jagex has been making recordbreaking profits. EVERY SINGLE YEAR. The level of MTX in this game make a price increase absolutely inexcusable. It's that simple.
Don't forget – RuneScape members get TWO free spins a day instead of the usual one!

11-Apr-2018 04:42:58

MechaFury

MechaFury

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nerela93 said :
MechaFury said :
Original message details are unavailable.


4. I am a nihilist, I recommend reading some Nietzsche if you fancy philosophy at all. Did you just assume my political affiliation? How dare you sir.


I don't think a nihilist is a Political view, just a general outlook on life. in which case you should not care at all about this conversation ?


I recommend you reread my post; see if you can detect the nuances between them.


Nuances.... Right....

11-Apr-2018 04:44:36

Angel2D4

Angel2D4

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MechaFury said :

SO Why then, If its Really such a insignificant number why increase the price at all?

not to mention you Answer a lot of questions without any reasons or understanding why
Why the Stock Tanked?
Why he sold his shares?

And increases of prices Every year - you do realize were talking about Software... right


Insignificant to each individual.. has a collective improvement for the company.

One of us seems to lack understanding.. I don't find that to be me, however, you are free to believe as you wish (as are we all).

In the business world, stocks usually tank when those who own them either don't see enough return on their own investments, or the company they've bought into isn't making the forcasted numbers as they expected.

As to why Andrew left.. sold his shares.. you'd have to ask him. I was here when he left and the game was well on its' way to the crash n burn that took nearly 2 years longer to finalize.

I was speaking to the concept of basic business sense. With the company that owns jagex having clear financial difficulties, that company would necessarily need to increase cost to consumer to stay afloat.. or file bankruptcy (though I suspect bankruptcy in China might very well be different than it is in the USA for example.. so for all I know once they decide that, it could be a simple msg on the front page that says "RuneScape Says Goodbye" ).

I simply believe that for those who have an interest in playing ANY iteration of RuneScape, supporting jagex in this quite small increase should be something we can all accept as a change to continue playing the game.

And for any of us who find the price is just "too much", there's nothing forcing you to continue paying.

That buck and a half ain't going to kill me.. I'll be choosing to support jagex. What y'all do, is up to each of you.
"Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

11-Apr-2018 04:58:34

t3hscorchxp

t3hscorchxp

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heres my 2 cents of this: alot of ppl of cheap and dont like to pay increasing amounts, sure this game has alot to offer but its one of the more expensive games per month that i personally seen and its now going to be more.

this price increase could turn people way leading to another possible price increase because they will still be getting the same amount of income as before due to less ppl paying for members.

instead i would give what other ppl have been asking, myself included. group ironman. for those that want it, i would guess most would become members right off the bat. that means all those new accounts are paying for month service or buying bonds to be members. i would suggest during the release of group iron that u do something like the helion thing for those accounts

note* for group ironman, i would like to see servers just ment for group ironman, it be cool being in a world with fresh people all the same

11-Apr-2018 05:03:34

Angel2D4

Angel2D4

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Miu said :

And Jagex has been making recordbreaking profits. EVERY SINGLE YEAR. The level of MTX in this game make a price increase absolutely inexcusable. It's that simple.


And perhaps the company that owns them has had recordbreaking expenses in their attempt to enter the online gaming market.

It's never going to be as simple as jagex are just 'money grubbers'. Nope.

And as everybody balks at this measley increase in membership fees, with the launch of mobile not too far off now.. they really won't have a reason to continue offering client support (and the shift to entirely mobile that I predicted 2 years ago will happen faster still because nobody will have stayed the course all because a buck and half was too much for 'em).
"Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

11-Apr-2018 05:09:25

MechaFury

MechaFury

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Angel2D4 said :
MechaFury said :

SO Why then, If its Really such a insignificant number why increase the price at all?

not to mention you Answer a lot of questions without any reasons or understanding why
Why the Stock Tanked?
Why he sold his shares?

And increases of prices Every year - you do realize were talking about Software... right


Insignificant to each individual.. has a collective improvement for the company.

One of us seems to lack understanding.. I don't find that to be me, however, you are free to believe as you wish (as are we all).

As to why Andrew left.. sold his shares.. you'd have to ask him. I was here when he left and the game was well on its' way to the crash n burn that took nearly 2 years longer to finalize.

That buck and a half ain't going to kill me.. I'll be choosing to support jagex. What y'all do, is up to each of you.


you can continue to support the game. if you feel this games gives you that value go for it. Just stating facts you glossed over.

I didn't ask for the definition of what a stock tanking is, thanks though i asked why they specifically tanked?

so in a game with a 18 year history 2 years after founders left The "crash and burn" you call it
happened as a coincidence, i suppose.

And Holy crap you really think a company s only option when they have "clear financial difficulties" Are to go bankrupt or to increase cost wow. Especially if you think because the investor shut down so does runescape.

"One of us seems to lack understanding.. I don't find that to be me"

"And as everybody balks at this measley increase in membership fees, with the launch of mobile not too far off now.. they really won't have a reason to continue offering client support (and the shift to entirely mobile that I predicted 2 years will happen faster"

WHAT?!?!?! ROFLCOPTR

Thanks though for the insight ?

11-Apr-2018 05:11:44 - Last edited on 11-Apr-2018 05:29:20 by MechaFury

Urban Rave

Urban Rave

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Jagex could make the decision to greatly improve their game quality in response to price hikes, but you have to be incredibly to naive to genuinely believe that they will do such a thing.

Why naive? Because they've had opportunities where people thought they'd do that exact thing in the past, and guess what became of it? Not a whole lot. You'd think production values would have increased with microtransactions around too, but that's not the case either. You think this time is going to be any different? Get real.

It's far simpler to just raise prices, tell your investors and customers to calm down, and that everything is going to be okay, and then proceed as though nothing has changed. They're not our friends, they're a business, and they just want our money. The whales and addicts who love this game will continue paying for it no matter the cost, and the people who don't will simply stop. But I'm sure the latter is overwhelmed by people who have already opened their wallets to Jagex. In times like this, you vote with your wallet, not your words.

11-Apr-2018 06:21:28 - Last edited on 11-Apr-2018 08:53:00 by Urban Rave

DannyThrivez

DannyThrivez

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(im a oldie coming back). I just can't believe how much the cost of it has changed over the years. Holy moly it's almost the price of wow now guys. That's meme worthy in itself. But holy crap the mtx, the shop, the mem fee how much are you literally trying to take from people now. It feels really leechy eww I might not sub actually.

11-Apr-2018 06:58:55

Jotheloser

Jotheloser

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As someone who has some knowledge about marketing, this move just sets off alarm and red flags to investors, suggesting sheer desperation in the financial side of the company.

If I were an investor, I would stay clear of this stock. Just an ex player passing by.

11-Apr-2018 07:11:53

Mattitude
Dec Member 2020

Mattitude

Posts: 443 Silver Posts by user Forum Profile RuneMetrics Profile
I love how everyone ignores the fact that if you keep your subscription active (with a 14 day grace period), the price remains the same.

Look, businesses need to do what businesses need to do. They have a reason for the price increase and that's part of the business plan. As a business owner, you can't be upset. Yes, it's a game for the people but yes they need to make profits as well as have funding for new game updates etc.

Stop complaining and play the game, or complain and don't. Jeez.
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11-Apr-2018 07:12:47

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