As we noted earlier today, it seems like every game company under the sun has been issuing release dates for their triple-A, big-budget, must-own titles. A number of these releases are coming earlier than expected, with several games arriving in October or November rather than later in the holiday season. This is great news, from [...]
Continue reading...Monday, August 18, 2008
Holy sweet mother of Strauss Zelnick! Is it the Ragnarök? Does this spell the end for all mankind? Probably not, but this may actually spell the end for one of the industry’s longest-running potential takeovers. EA announced this morning that they would be allowing their longstanding tender offer for shares of Take-Two Interactive to expire [...]
Continue reading...Monday, June 16, 2008
Good/Bad news, Atari investors: For the fourth fiscal quarter of 2008, and for the year-end of March 31, Atari lost/made significantly less money than last year. This is an encouraging/disappointing report for optimists/pessimists who were hoping to see a change in the company’s downfall/resurgence. Treat yourself to a steak/instant noodles! Atari will not be holding a [...]
Continue reading...Tuesday, May 27, 2008
Over the weekend, Square Enix released the company’s financial results from fiscal year 2007, and the results aren’t good. The company sold a little over 2 million fewer units in 2007 than it did during 2006. That does not bode well for the company, and it helps explain the focus on alternate business models. According [...]
Continue reading...Thursday, May 22, 2008
Another publisher is reporting a terrific year of sales, profits, and big honking piles of cash. This time, it’s Ubisoft’s turn to crow, as based on the 2007-2008 fiscal results they have released, spotted over at Next-Gen. The upshot for the French software giant: 928.3 million euros in sales (at current exchange rates, that’s $1.5 [...]
Continue reading...Tuesday, May 13, 2008
Funcom, the Norway-based publisher and developer of the forthcoming Conan MMO, released financial details from the company’s first quarter. In the period, based on the earnings before interest and taxes (EBIT), the company lost $3.13 million. This figure is up from a loss of $1.21 million during the same period in 2007. When tax was [...]
Continue reading...Friday, May 9, 2008
Reuters is reporting that Electronic Arts has secured a billion dollars in loans from Morgan Stanley, among others, in order to finance its ongoing efforts to acquire Take-Two Interactive. EA’s bid, still standing firm at roughly $2 billion, has been on the table for three months now, and has seen increasingly bold tactics on both [...]
Continue reading...Monday, May 5, 2008
Midway announced its first quarter results, and the news is mixed. Although the company showed sales above estimates at $29.9 million, Midway also posted a loss of $34 million, up from a loss of $19.8 million last year. The only American release during this quarter, however, was the Stranglehold expansion pack. It wasn’t too long [...]
Continue reading...Thursday, May 1, 2008
Nintendo president Satoru Iwata, following a recent financial briefing, engaged in a prolonged Q&A with curious attendees. Spotted over at IGN, the full Q&A reveals Iwata’s thoughts and predictions for a number of crucial Nintendo issues.
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Friday, September 19, 2008
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