Crimson Desert Earnings call transcripts and highlights
I have not included the business part of the earnings call unless relevant to Crimson Desert. Information related to Black Desert has also not been included, but I will note that Black Desert YoY sales have gone up.
# TL;DR and personal assumptions:
Pearl Abyss claims they will start full fledged marketing this year for Crimson Desert.
They claimed that they were "stepping up the strength of our marketing" for Crimson Desert. At the time they notably did not refute their previous estimate of a late 2023 release date. Within the year 2023, the game was showcased , but subsequently delayed. Despite claims that they will start full fledged marketing this year, things have changed in the past and that may still happen.
Regarding the question of game releases this year, they do not commit to a 2024 release date for Crimson Desert. Pearl Abyss is only willing to confirm a EVE Galaxy Conquest release this year, and Black Desert release in China if their game licence for the latter is approved.
They state their intent to showcase demos of Crimson Desert to users (as opposed to partners) at events in 2024.
*I personally believe this is sufficient enough info to make an assumption that a 2024 release of Crimson Desert is unlikely.*
Also worth mentioning. With their mention of a new undisclosed Blockchain title, I think it is safe to assume that neither Crimson Desert nor DokeV will be infected with this rubbish, and they are relegating their worst ideas to this new title and EVE related blockchain projects (Mentioned by Pearl Abyss in a previous earnings call. They might be the same thing.
Full Earnings report:
**Highlights are my own.**
\[09:05\]
>Crimson Desert through many demos for partners and media, is predicting the profitibility of success. We are receiving many favourable reviews to actual demos, and internally we are confident that we can achieve significant results. In addition, through reflecting the abundant feedback that we have received, we are heightening our possibility of the game's success.
\[21:39\]
>For Crimson Desert, we will increase the possibility of success by expanding our contact points including through user demos at diverse events in 2024. In addition, since the development is being completed. We are considering appropriate launching time, and we will prepare so that we can have significant results. Considering you have been waiting for a long time.
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>With stable service of live service, we made may preperations to create new IP. The global game competition has heightened. Regulations for the labour market and game market has become more strengthened, and it has become more challenging to secure developers than before. We are fully aware that many investors are concerned. Since the preperation time has become longer than expected. We believe that in 2024 we will showcase and launch new titles that we have been preparing so far. And that this will be a year when we will significantly leap forward.
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>Utilizing 10 years of Black Desert service, and 20 years of EVE service knowhow, we will do our best so that our new titles will also be loved for a long time by many people. We will look forward to your continued interest and support.
Q&A session:
\[23:55\] Question 1:
>I have three questions. First I would like to know in more detail about all the information that you can disclose about crimson desert. That you can disclose to the market. \[Second question pertains to Black Desert\] and third if you have any new titles that you plan to launch this year, I would like to know about them.
Answer:
>\[...\] For Crimson Desert since we are developing it for single play. We are concentrating on heightening our optimization and completeness, and are making our final touches. It has very vast contents, and a very free playing area, or free degree of freedom. So it has taken a little more time than expected. However, currently the development is very smoothly being done, and we are making great progress on our finishing touches.
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>In addition, based on the feedback that we had actually acquired from many partners in the past year or so, we have been actually completing the gameplay experience continuously, and we believe that now we are at the level of quality that we had targeted. Accordingly regarding the Crimson Desert demos that we had for our partners until now. We plan to actually expand them to \[Unintelligible\] this summer, and start full fledged marketing.
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>Regarding our launching period, we will start our full fledged marketing from the second half of this year. And we will heighten it until the end of this year, as we are currently planning. We know that you have been waiting for a long time, and we also have been thoroughly making preparations for a long time. So we will do our best, for a successful launch til the end.
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>**Regarding more details about our launching period. In the process of our marketing within this year, we will do our best, so that we can give you more detailed schedules as time progresses.**
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>Development time is taking a little more than expected, but all our people in our development team, are doing their best in the environment that we were given, for this long period of time. We are also truly wanting to launch as quickly as possible, and we are focusing on our finishing touches, intensively. So we will do our best, so that we can come up with satisfactory results, and we will ask for the kind understandings from our investors as well.
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>\[Answer to the second question about Black Desert\]
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>**To answer your questions about new titles this year. Well, our company has been concentrating our efforts on developing Crimson Desert, and also CCP Games has been doing very well and they have been well maintaining their live service so far, and in order to secure new growths \[unintelligible\] has been developing EVE IP based new titles. In particular we are also seeing new titles development that is being completed, from Q4 of last year. With the open test of EVE Vanguard, we have had the soft launching of EVE galaxy conquest. So we are making preparations for the launching in 2024. \[...\] For EVE galaxy conquest we plan to have global launching within this year.**
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>Apart from this. **For the new Blockchain project. We had actually received a lot of feedback, because we had countless tests in the previous year, and we have been actually reflecting this feedback for our games, and we are also planning to showcase or disclose this game within this year as well.**
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>Until now, CCP Games has been servicing EVE online, and also has been developing games based on the EVE IP. From this year, there will be consecutive launchings of the games that has been in development and we have expectations that this will be a year when we can make profits.
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>In addition, because we have high expectations that we can receive Black Desert Online chinese game licence within this year. If we do, we plan to launch this within this year as well.
www.videogameschronicle.com
insider-gaming.com
www.latimes.com
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