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Published on May 9th, 2011 | by Cameron Woolsey

Capcom Could “lose millions” Over PSN Outage

Capcom could potentially lose millions of dollars of the PSN outage Senior VP Christian Svensson revealed via message board Saturday.

His message to Capcom fans began as a set of frustrations derived from his gamer side.

“I’m frustrated and upset by it for a number of reasons,” he said.

“As a consumer,” he continued, “I also play games online on PS3, which I can’t do… and likely my personal information is also compromised. Secondly I like to buy things in the PlayStation store and that I can’t do right now.”

Svennson mentioned that the popular company stands to lose a lot of money over the PSN outage. Sony had revealed earlier they plan to restart the PSN on May 31.

“On a related note,” he said, “as an executive responsible for running a business, the resulting outage obviously costing us hundreds of thousands, if not millions of dollars in revenue that were planned for within our budget. These are funds we rely on to bring new games to market for our fans.”

He concluded by saying the damage done to the PlayStation Network by the hackers has affected more than just Sony.

“In short,” he said, “the hackers appear to be trying to ‘punish’ Sony for some perceived injustice, and they’ve been effective in that I suppose. But they’re also punishing millions of other consumers and businesses which makes it impossible to be sympathetic to their ’cause.'”

It is unknown where Svennson is getting his numbers from. There is a chance that he is simply low-balling for the sake of dramatic affect.

An exact dollar amount may never be known, but Capcom does stand to lose money over the PSN outage just like every company that relies on the network.

Be sure to follow GAMINGtruth for continued coverage on the PSN attacks.

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About the Author

Video game journalist since 2006, and gaming since he was old enough to use an Atari joystick. Follow me: @Cam_is_16bit

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