Jump to content

Avatar

Mad Catz Shutdown

Mad Catz bankrupt shutdown

  • Please log in to reply
17 replies to this topic

#1 Oddbrother

Oddbrother
  • 496 posts

Posted April 3, 2017 - 07:55 AM

Mad Catz, former supporter of Harmonix's Rock Band series and provider of many other third-party gaming accessories and peripherals, is signing bankruptcy.

 

http://www.polygon.c...down-bankruptcy

http://www.theverge....d-times-tribute

 

Let's all remember the good and bad times we had with this third-party gaming accessory company for what they provided in Rock Band and many other gaming platforms.


Right and right, left and left, spin and turn, and a great big smile.

#2 TheSheepQueen

TheSheepQueen
  • 498 posts

Posted April 3, 2017 - 08:13 AM

I do believe they would still be standing if they had lower expectations for Rock Band 4, coming back after 7 years without major rhythm games outside of Project Diva was a tough challenge, and it didn't prove successful for both Rock Band and Guitar Hero. The genre is not dead, just smaller. They sold well for Rock Band 3 because the game arrived during the 2007-2010 golden age of rhythm games. As to why music games don't really interest people outside of Just Dance anymore is still over me...



#3 Chips

Chips
  • 420 posts

Posted April 3, 2017 - 08:53 AM

I do believe they would still be standing if they had lower expectations for Rock Band 4, coming back after 7 years without major rhythm games outside of Project Diva was a tough challenge, and it didn't prove successful for both Rock Band and Guitar Hero. The genre is not dead, just smaller. They sold well for Rock Band 3 because the game arrived during the 2007-2010 golden age of rhythm games. As to why music games don't really interest people outside of Just Dance anymore is still over me...

 

It was a huge fad, but now people have seen it done before. Rock Band 4 and GH Live brought nothing notable to the table (both cut features rather than include new ones) and thus mass appeal was lost. Imagine if Nintendo tried to copy the Wii's motion control gimmick in 2017 for the Switch and did absolutely nothing else with it other than that, nobody's going to care if you don't innovate.



#4 TheSheepQueen

TheSheepQueen
  • 498 posts

Posted April 3, 2017 - 09:11 AM

 

It was a huge fad, but now people have seen it done before. Rock Band 4 and GH Live brought nothing notable to the table (both cut features rather than include new ones) and thus mass appeal was lost. Imagine if Nintendo tried to copy the Wii's motion control gimmick in 2017 for the Switch and did absolutely nothing else with it other than that, nobody's going to care if you don't innovate.

Plus out of the two, Rock Band was the one who saved the most stuff out of the sinking ship, the only notable problem is the lack of keys as an instrument, despite that it's there as DLC, I think they would have done better if they did like GTA V: A next-gen port of Rock Band 3, then keep on with DLC, and Madcatz could have probably just sold well among those who already played and those who are nw to it, I introduced about 20+ people to Rock Band 3, a few of them being pianists, and they loved the concept of being able to play for real on a game, especially since they have me as a song request tool!

The second problem is that Harmonix is way too ambitious. Rock Band VR only supports Oculus Rift, so it only appeals to a few select people, the Oculus is really expensive for what it does, and buying it with the game for 600+€ just to feel "a bit more into the game" and only with guitar is what convinced me that it's not going to do well.

The third thing, not a problem but an opinion, is that the campaign for the PC port would have helped, a little or a lot, but it would have. There are a lot of people who only play Phase Shift (And probably a half with the keyboard) for a reason or another, and some of them would have probably bought it if it came out on PC, allowing a lot of stuff. The problem on this one, is that Harmonix should have used a more "trustworthy" platform with a bigger audience, like Kickstarter, I never heard of Fig before the announcement.



#5 samjjones

samjjones
  • 1,333 posts
  • Location
    NJ: The Home of Sinatra, Springsteen, and Bon Jovi

Posted April 3, 2017 - 12:17 PM

Not surprising after Mad Catz doubled down everything on RB4.

 

I enjoyed some of their peripherals, and their Fender P-Bass and Telecaster have cherished spots in my Rock Band peripheral collection.

 

Vaya con dios, Mad Catz.



#6 sailingwhisper

sailingwhisper
  • 138 posts
  • Location
    United States

Posted April 3, 2017 - 01:04 PM

I enjoyed some of their peripherals, and their Fender P-Bass and Telecaster have cherished spots in my Rock Band peripheral collection.

Man I really wish I had a telecaster. I really regret not getting into rock band sooner and being able to get all of the sweet peripherals, like the Tele and PBass and Beatles guitars.



#7 IMMCTNTJK

IMMCTNTJK
  • 200 posts
  • Location
    New Mexico

Posted April 3, 2017 - 05:10 PM

I remember buying a MatCatz (Yellow) Guitar (Brand New) for cheap. It was really bad XD, it might have been a bootleg though. I am really sad that they hit bankrupt though :(


My WIPS (Green Day, Beatles, Theme Songs)

#8 Farottone

Farottone

    The Lean Mean Customs Charting Machine

  • Administrator
  • 6,130 posts

Posted April 3, 2017 - 05:33 PM

So, sometimes a company is out of money and banks won't loan any more money until they see some business plan for the future. Sometimes a company would then partner with other companies to bring to market new products in order to produce a business plan banks like. Sometimes a company would also make bold projections and estimates about sales so that banks are more likely to loan the money needed when they know that actually the products won't sell anywhere near as much.. Sometimes the partners are only happy to see those projections because they don't produce the products in the first place, they only produce the software. Sometimes when all of this happens, a company does not sell enough products and ends up filing for bankruptcy.

 

Hey, I'm not saying this is exactly what happened with Mad Catz according to some reports about financial issues in 2015 and 2016, I'm just saying that sometimes a company does this...



#9 Bansheeflyer

Bansheeflyer

    Moderator

  • 1,120 posts
  • Location
    The Mothball Fleet

Posted April 4, 2017 - 01:15 AM

Yeah we all knew this was coming for some time. Surprised it took this long for them to call it quits. Glad I got my replacement legacy adapter while I still could.

 

My first Mad Catz product was actually a wired Xbox 360 controller. Felt cheap but was surprisingly durable. Lasted many an angry teen's rage.

 

I am curious though; I know most of us know Mad Catz for producing Rock Band instruments but believe it or not the company's been making products long before Rock Band existed. I somehow doubt that RB was the reason Mad Catz lost so much (especially with the ever-popular RAT mouse line) but I could be wrong.


As a moderator I enforce the law...in moderation.

 

My Customs
My Works in Progress


#10 Chips

Chips
  • 420 posts

Posted April 4, 2017 - 04:13 AM

It's definitely a shame. Mad Catz had a rough reputation early on in their lifespan as a peripheral hardware company, but they really started getting their shit together during the 360/PS3 gen, especially with Rock Band and their arcade stick peripherals. I've still got my Street Fighter x Tekken fightstick in perfect condition, that thing is built like a tank.



#11 Sideshow

Sideshow
  • 2,467 posts
  • Location
    Southern California

Posted April 6, 2017 - 03:55 AM

Thank you for making one of the best peripherals of all time:

mad-catz-midi-pro-xbox-360.jpg

You will be missed....



#12 raynebc

raynebc
  • 230 posts

Posted April 6, 2017 - 05:05 AM

I was thinking whether I should buy another one of those, but I already have 4 or 5 of them.



#13 Sideshow

Sideshow
  • 2,467 posts
  • Location
    Southern California

Posted April 6, 2017 - 06:44 AM

I was thinking whether I should buy another one of those, but I already have 4 or 5 of them.

I'm in the same boat.  Own a handful of them just in case of breakage.



#14 FujiSkunk

FujiSkunk
  • 677 posts
  • Location
    Planet Houston

Posted April 6, 2017 - 06:54 PM

I've already had one MPA go bad on me.  I still have two others, thankfully.  Stock up!



#15 Chips

Chips
  • 420 posts

Posted April 7, 2017 - 12:59 AM

That reminded me that I really need to pick up one of those, and ASAP. I'm getting an e-kit soon and I feel like the prices on those things are only going to go up with Mad Catz going down. Is ebay my best bet?



#16 doa

doa
  • 89 posts
  • Location
    California

Posted April 7, 2017 - 02:08 AM

$20 on Amazon, or less for used on ebay :)



#17 FujiSkunk

FujiSkunk
  • 677 posts
  • Location
    Planet Houston

Posted April 7, 2017 - 03:55 AM

Yeah, they haven't gotten ridiculous yet, because there's still some new-old-stock to clear out.  But I'd say get now while the gettin's good!  I should buy a couple more myself, and maybe for all three platforms.



#18 Oddbrother

Oddbrother
  • 496 posts

Posted May 12, 2017 - 03:15 PM

Lazy Game Reviews made a Tech Tales video about Mad Catz for easy digestion.

 


Right and right, left and left, spin and turn, and a great big smile.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users