Developer Media Molecule has made a tidy profit from smash-hit Playstation franchise Little Big Planet, but the annual director’s report now shows that they’ve spent a ton of cash last year on R&D for new projects.
As explained in the report, having all your eggs in one basket can be risky, and the company’s main business risks arose “largely as a result of the company’s heavy reliance on the one LittleBigPlanet brand name.”
Thus the profits have been funneled directly into R&D, as well as some extra, the support shows 3.44 million pounds of profit in 2011, but it also shows 4.1 million pounds spent on research and development.
The report reads, “It is vital for Media Molecule to focus a high proportion of its resources on R&D to allow it to maintain its world leading position as a developer of innovative games.”
The report also outlined the importance to “remain at the forefront of technological advances, and must bring new and often risky innovations to market in products of the highest quality.”
While there are no details as to what these new game/s may be, the studio have already said they won’t be a third LittleBigPlanet game, and the report references investments in “leading edge physics and dynamics, rapid world creation from laser data, innovative routes to market via web based interfaces, 3D stereo-optics for advanced simulation, and use of ‘hi-def’ data capture and processing techniques.”
We’ll have to wait and see what MM has cooked up, but it’s clear the company wants to be known for more than just a single franchise.