Final Fantasy Brand Greatly Damaged by Final Fantasy XIV

Square Enix CEO Yoichi Wada has admitted to investors that the company's hugely successful Final Fantasy franchise has been "greatly damaged" by the recent release of Final Fantasy XIV, the online RPG that suffered from a variety of problems and is still being fixed by its development team.

Final Fantasy XIV became a disaster once it was released for the PC last year, thanks to huge bugs and issues, not to mention lackluster support during its release, forcing Square Enix to make it free-to-play, instead of charging for a monthly subscription.

This mistake was now admitted by Yoichi Wada, the CEO of the company, who told investors, via Andriasang, that "the Final Fantasy brand has been greatly damaged [by XIV]. We'll continue with our reform work, which basically amounts to fully redoing the game, and hope to revive the FFXIV that should have been released."

Until then, Final Fantasy XIV will remain free-to-play on the PC, while the PS3 edition has been delayed indefinitely.