Amazon also offer a major payments processing service, similar in scale to Paypal. If Frontier are planning to start up their own payments portal they could be using Amazon as their transactions partner.
for those interested (fdev results)
- Thread starter deusx_ophc
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Yes, it is included in the article of the press
You didn't link to any article so all I have is your statement
Anyway, fairly irrelevant. Frontier are doing well for themselves, and if a certain release goes well next year then things will be even rosier
You didn't link to any article so all I have is your statement
Anyway, fairly irrelevant. Frontier are doing well for themselves, and if a certain release goes well next year then things will be even rosier
There are many link on Google on the bright future of the gaming industry in the world. As more and more people who are not necessarily real gamers, start playing. Families, women, old people ect ... on all types of media, pc, console, smartphone, tablet. The future of ED promises to be very prolific ...
Doesn't Amazon also run Kickstarter?
March is rather an important tax date, by the way. They have to pay tax on Kickstarter earnings, but they can deduct costs associated with backer rewards. Giving us all access to the game is a big part of that. Which is fine with me - nothing like a whopping financial incentive to make sure they get the game ready in time
I had assumed that you didn't have to pay tax on crowd funding but it appears true
after read this article:Its absolutely disgraceful. The government does nothing in dealing with grotesque corruption that allows multinationals to pay no tax but a large proportion of the money intended for startups via crowdfunding could potentially end up being paid as tax.
Indeed, there are all sorts of tax incentives for startup companies to receive angel investment, but Kickstarter doesn't fall into that bracket. Kickstarter campaigns are treated as straight product sales, and the only tax break possible is through writing off product development costs. Which can only happen within 1 tax year. So Frontier will lose out on tens of thousands of pounds to the taxman if it doesn't release the gamma to backers in time.
Well, there's nothing said they have to release game in time, they just have to prove that they spent KS money on development. However having public beta of course helps to convince tax officials that you are not a fraud.
Microsoft would need to pay Frontier about $billion in order to make it exclusive, as that is how much frontier could lose in sales if it was not allowed on PS4.
Well, sales don't matter, profit does. If sales - cost of development < worth the shot, then it's not financial reason for FD to do this. But as in previous comments were said, it is very highly likely FD will port COBRA to PS4 at some point, but publishing ED won't be sole reason for them.
I'm fairly sure they have to release the product within the tax year to claim the value of the sales against their tax expenses. I have a friend who crowdsourced an RPG and has to get it out before his tax year end or lose a large portion of the funds. It's driving him nuts :-/ He's more clued in to tax stuff than I, so I trust he's not missing any tricks.
I mean it's rather a coincidence that their release date coincides with the end of the tax year, isn't it?
I'm guessing Frontier are trying to be clever about this sort of thing.I mean it's rather a coincidence that their release date coincides with the end of the tax year, isn't it?
I really hope they are. It would be dumb to pay taxes from money which will get spent on development anyway.
Well a look at their balance sheets shows they're rather savvy at this sort of thing
Which is good, because we don't want them going bust and Michael becoming jobless and homeless after losing his beard