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NEWS: SNK CEO Kenji Matsubara Steps Down, Transitions to Advisory Role


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mdo7



Joined: 23 May 2007
Posts: 8226
Location: Katy, Texas, USA
PostPosted: Sat May 17, 2025 7:38 am Reply with quote
Uh, I wonder why the shake-up.
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seoulman1985



Joined: 01 Oct 2009
Posts: 128
PostPosted: Sat May 17, 2025 8:51 am Reply with quote
Have the initial sales figures for City of the Wolves been underwhelming?
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zztop



Joined: 28 Aug 2014
Posts: 715
PostPosted: Sat May 17, 2025 10:01 am Reply with quote
seoulman1985 wrote:
Have the initial sales figures for City of the Wolves been underwhelming?


Word is the game only sold like 6000+ copies ever since it came out.

Apparently some people were turned off by having the 2 guest fighter characters, the celebrity footballer and celebrity DJ, seemingly due to SNK trying to satisfy its current owner, the Crown Prince of Saudi Arabia (the footballer is signed on a team owned by the prince, the DJ is the prince's favourite artiste).
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Blue Senpai



Joined: 30 Aug 2023
Posts: 52
PostPosted: Sat May 17, 2025 11:09 am Reply with quote
seoulman1985 wrote:
Have the initial sales figures for City of the Wolves been underwhelming?


I would say they're about as well as anyone could reasonably expect Fatal Fury to do in 2025. The game has always been a niche fighter in a sea of other fighting games. If anyone thought it was going to sell millions that is their own fault.
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NJ_



Joined: 31 Oct 2009
Posts: 3409
Location: Wallington, NJ
PostPosted: Sat May 17, 2025 12:08 pm Reply with quote
zztop wrote:
Word is the game only sold like 6000+ copies ever since it came out.


Apparently that's for physical copies in Japan only.

https://www.famitsu.com/article/202505/41815
https://www.gematsu.com/2025/05/famitsu-sales-4-21-25-5-4-25

Quote:
April 21, 2025 to April 27, 2025

[PS5] Fatal Fury: City of the Wolves (SNK, 04/24/25) – 5,067
[PS4] Fatal Fury: City of the Wolves (SNK, 04/24/25) – 2,599

April 28, 2025 to May 4, 2025

[PS5] Fatal Fury: City of the Wolves (SNK, 04/24/25) – 1,235


Not sure about elsewhere but I know the response in Latin America to it's prices haven't been good.

Meanwhile the game seems to have done better digitally on PC.

https://www.eventhubs.com/news/2025/may/16/fatal-fury-steam-bestseller/
https://store.steampowered.com/charts/topnewreleases/april_2025
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Stelman257



Joined: 26 Jul 2013
Posts: 370
PostPosted: Sat May 17, 2025 12:58 pm Reply with quote
mdo7 wrote:
Uh, I wonder why the shake-up.

seoulman1985 wrote:
Have the initial sales figures for City of the Wolves been underwhelming?

The game has, commercially, been an absolute flop.
Now I don't mean that in regards to other fighting games. I think it's sold about as well as Granblue Fantasy Versus Rising, maybe even a bit better than that game, and that game is generally considered a niche, but successful game played by a solid amount of people. GBVSR keeps getting new DLC released too, so the fact that CotW is outperforming it on Steam even by a little bit means it's doing pretty decent for a fighting game.

The problem lies in how much the owners at Saudi Arabia expected the game to sell, because of the absolutely ridiculous and insane amount of money they spent on HEAVILY marketing the game. In all the wrong places.
https://bsky.app/profile/apzonerunner.com/post/3lp72ox2dks2u

Obviously they put Ronaldo and Salvatore in the game, and Ronaldo at the very least definitely wasn't a cheap inclusion. An extremely unwelcome one to be sure, but still an expensive waste.
And to quote this article about the other ways they spent a fortune on marketing:
Quote:
The game was also heavily promoted at the two-night WWE WrestleMania event in April, with the logo featured in the centre of the ring mat and Saturday’s show opening with a performance by Ganacci, dressed in his Fatal Fury outfit.

Other big-budget promotional stunts for Fatal Fury: City of the Wolves included numerous high-profile boxing events, each of which was named Fatal Fury and sponsored by the game and The Ring magazine (which was bought by the head of Riyadh Season in November 2024). This included the Chris Eubank Jr vs Conor Bennn fight last month and a fight in Times Square earlier this month.

"Big-budget promotional stunts" is an accurate description of what all this was. This is millions spent on marketing, maybe even the double or triple million digits. Far more than what was spent on the game itself that's for sure. All at the whims of the Saudi brass.
It's just speculation of course, but signs points to Kenji Matsubara's firing from his position as CEO likely being the Saudi owners coming down on them after the game failed to sell what they probably expected to be Grand Theft Auto numbers or something truly insane like that. My heart really goes out to all the developers and people at SnK, I really hope they all do alright, and that the future of this game isn't grim because of this.
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Nate148



Joined: 24 May 2012
Posts: 656
PostPosted: Sat May 17, 2025 2:05 pm Reply with quote
hint all the marketing was done with things owned by Saudi media fund I doubt it cost the prince much to do any of it.
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seoulman1985



Joined: 01 Oct 2009
Posts: 128
PostPosted: Sat May 17, 2025 7:58 pm Reply with quote
Fans have largely warmed to Salvatore it seems, and he APPEARS to love the fighting game community, assuming his words and actions aren't an act for his 'royal friend.'
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Nionel



Joined: 08 Sep 2004
Posts: 632
Location: Nebraska
PostPosted: Sat May 17, 2025 8:39 pm Reply with quote
This is unfortunate news and I hope it doesn't hurt the company going forward. They're recent releases have been well done and I want to get Fatal Fury, but it's tough to justify pay $60 for a game that I'm going to need to keep buying additional content for it. Especially when a complete edition will come in a couple of years with more content at a lower price.

For example, I bought King of Fighters XV last year with all the content for less than what it was when it launched in 2022. I enjoy the company's games and I like supporting them, but I can only rebuy KoF '98 and 2002 so many times.
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Nate148



Joined: 24 May 2012
Posts: 656
PostPosted: Sat May 17, 2025 10:51 pm Reply with quote
seoulman1985 wrote:
Fans have largely warmed to Salvatore it seems, and he APPEARS to love the fighting game community, assuming his words and actions aren't an act for his 'royal friend.'
He wants fame and does not care if being clowned on is why he has it.
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Stelman257



Joined: 26 Jul 2013
Posts: 370
PostPosted: Sun May 18, 2025 1:23 am Reply with quote
Nate148 wrote:
hint all the marketing was done with things owned by Saudi media fund I doubt it cost the prince much to do any of it.

Not how money and these things work unfortunately, and even if it was a drop in the bucket for the prince, you can see it in the links I posted. The Saudi brass expected way bigger sales from the game, that it realistically was never going to give them.
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Nekbone



Joined: 28 Dec 2023
Posts: 210
PostPosted: Sun May 18, 2025 1:51 am Reply with quote
Nionel wrote:
This is unfortunate news and I hope it doesn't hurt the company going forward. They're recent releases have been well done and I want to get Fatal Fury, but it's tough to justify pay $60 for a game that I'm going to need to keep buying additional content for it. Especially when a complete edition will come in a couple of years with more content at a lower price.

For example, I bought King of Fighters XV last year with all the content for less than what it was when it launched in 2022.


That's the only way to play modern fighting games if you ask me. Or most games if we're being honest. But fighting games especially lack a lot of content and most of the replay value will be playing against other players. If you don't care about competitive modes or trying to go for some esports tournament with it then it's best to just wait until it's cheap so you can mess around in it from time to time alone or with friends.

At the very least people can't blame lack of marketing for it not selling GTA numbers. They tried their damndest to get the word out there about Fatal Fury in all kinds of avenues from appealing to soccer fans, wrestling fans, and big streamer fans. People just don't care about Fatal Fury.. Although given how much of a fan the Prince is of SNK which is why he bought it I wonder how much he cares about the financial success and isn't just satisfied with there being a new game out there. If I was rich I'd finance the revival of old game series I like and wouldn't care one bit if they sold well to the public or not so long as I got what I want.
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EmeraldSaucer



Joined: 31 Jan 2025
Posts: 936
PostPosted: Sun May 18, 2025 2:49 am Reply with quote
Nekbone wrote:
They tried their damndest to get the word out there about Fatal Fury in all kinds of avenues from appealing to soccer fans, wrestling fans, and big streamer fans.


They really didn't. They got the name out there, but very rarely did they actually show the game or why people should be interested in it. They just expected that throwing money around and getting big streamers or Cinco de Mayo boxing events to bring it up was enough to get random non-fighting game fans to buy it

And just want to mention that not all of the marketing pushes were from Saudi-owned properties. They got freaking Ado to do a song less than week ago
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pushknife



Joined: 17 Jun 2024
Posts: 54
PostPosted: Sun May 18, 2025 3:44 am Reply with quote
zztop wrote:
Apparently some people were turned off by having the 2 guest fighter characters, the celebrity footballer and celebrity DJ, seemingly due to SNK trying to satisfy its current owner, the Crown Prince of Saudi Arabia (the footballer is signed on a team owned by the prince, the DJ is the prince's favourite artiste).


If someone actually refused to buy the game over an insignificant issue like two characters they don't care about are in it then they weren't SNK fans in the first place. The two guest characters more than likely had zero impact on the games sales. All the Ronaldo hate is weird to me when the guy is so beloved and arguably the face of football and he can just post a picture on X and get 1 million likes. But I realize it's sports and I'm sure people hate him based on that alone given how sports fans can be. Maybe they're all Messi fans and wanted him instead Very Happy
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EmeraldSaucer



Joined: 31 Jan 2025
Posts: 936
PostPosted: Sun May 18, 2025 3:51 am Reply with quote
pushknife wrote:
zztop wrote:
Apparently some people were turned off by having the 2 guest fighter characters, the celebrity footballer and celebrity DJ, seemingly due to SNK trying to satisfy its current owner, the Crown Prince of Saudi Arabia (the footballer is signed on a team owned by the prince, the DJ is the prince's favourite artiste).


If someone actually refused to buy the game over an insignificant issue like two characters they don't care about are in it then they weren't SNK fans in the first place. The two guest characters more than likely had zero impact on the games sales. All the Ronaldo hate is weird to me when the guy is so beloved and arguably the face of football and he can just post a picture on X and get 1 million likes. But I realize it's sports and I'm sure people hate him based on that alone given how sports fans can be. Maybe they're all Messi fans and wanted him instead Very Happy


Yeah, it's definitely that and not the multiple ongoing investigations regarding sexual assault, you figured it out
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