Category Archives: Financials

Wed, Jun 12, 2013 | 22:01 BST

EA believes digital basis of next-gen will be a boon to revenue

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During E3, EA held and investor’s meeting during which COO Peter Moore said the firm will be “aggressively getting after the preorder business” and will be also be focusing more on DLC as it provides a better average revenue per user allowing the company to get “$70, $80 or $90 from that customer,” in total after spending the initial $60 for a game.

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Mon, Jun 10, 2013 | 20:23 BST

Microsoft pre-E3 show put Xbox One fears to bed, says analysts

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Analyst group EEDAR has deemed Microsoft’s pre-E3 2013 showcase a success that put to bed fears over Xbox One’s dedication to core gaming.

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Wed, Jun 05, 2013 | 10:46 BST

Japanese console market expanded by 1.2% in 2012, publishers down but not out

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Famitsu has collated all of the financial reports of Japan’s biggest games industry players to give an overview of the past financial year. The report found that the Japanese games market grew by 1.2%, and that Nintendo is facing a tough time with Wii U and a lack of big hits overseas.

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Tue, Jun 04, 2013 | 09:27 BST

Kickstarter headlines Game Invest 2013

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Crowd-funding site Kickstarter will headline this year’s Game Invest 2013 event at Eurogamer Expo on September 26. The event gives medium-to-small studios the chance to pitch their game concepts directly to investors and to network with industry names.

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Tue, Jun 04, 2013 | 09:20 BST

Xbox One to cost $399, PS4 for $349 says Pachter

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Xbox One will retail at $399 at launch, while PS4 will run you $349, according to Wedbush Morgan Analyst Michael Pachter.

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Wed, May 29, 2013 | 14:17 BST

Perfect World notes Q1 2013 decline due to upcoming release slate

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Perfect World Co. Ltd has reported its Q1 financials for the period ending March 31, 2013 and the figures note a decline in profits, revenue and player base.

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Tue, May 28, 2013 | 23:19 BST

Funcom Q1 shows positive trend following restructuring

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Age of Conan and The Secret World developer Funcom has seen a significant jump in income since releasing The Secret World, and managed to minimise its losses last quarter thanks to recent, dramatic restructuring.

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Mon, May 27, 2013 | 06:49 BST

Square Enix: long development periods are “dishonest” – and unprofitable

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Following a disappointing FY2013 punctuated by an “extraordinary loss“, Square Enix has announced plans to dramatically alter the way it approaches games development.

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Thu, May 23, 2013 | 20:44 BST

GameStop posts quarterly decline, shrugs off Microsoft’s evasive stance on used games

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GameStop has reported its quarterly results for the period ending May 4, with total revenues down 6.8% year-over-year to $1.87 billion, noting declines in both hardware sales and new software. Profits came in at $54.6 million, down 25% year-over-year.

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Thu, May 23, 2013 | 09:00 BST

Atari auctioning entire stable of IP in July to curb bankruptcy loss

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Atari is looking to sell off its IP to bidders separately after it failed to find a sole buyer for its entire catalogue. The troubled company is looking for a minimum of $22.2 million for all franchises combined.

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Wed, May 22, 2013 | 19:37 BST

Capcom FY14 forecast notes slower growth in mobile

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Capcom has released an English translation of quarterly financial results, noting the mobile market has stalled for the developer, and that it plans to concentrate on business areas with “sustained growth” for FY14.

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Thu, May 16, 2013 | 16:32 BST

Activision’s market share hit 19.5% in 2012, Call of Duty top franchise last seven years

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As part of its slide presentation to investors during its financial results yesterday, Ubisoft revealed its current market share among boxed game compared to competitors Activision, Take-Two and Microsoft. It seems that during FY2012, Activision had the highest share with 19.5% of the boxed market cornered.

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Thu, May 16, 2013 | 10:25 BST

Tencent financials: profit up 37%, revenue rises 40%

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Monster Hunter Online publisher and Riot Games owner Tencent has posted its Q1 financials, pointing to a prosperous year for the Chinese online gaming company.

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Thu, May 16, 2013 | 05:43 BST

Ubisoft: 1666 suspended, two new titles in 2013

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Ubisoft announced today during its call to investors that it has suspended development of 1666, one of the projects it picked during the THQ Auction in January. According to the firm’s CEO, Ubisoft couldn’t “align its vision on development and team management” with Patrice Désilets.

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Wed, May 15, 2013 | 18:39 BST

Ubisoft Q4 and full-year FY13: Assassin’s Creed 3 ships 12.5 million

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Ubisoft has announced its full-year results for fiscal year 2012-13 with sales totaling €1.26 billion, which is up 18.4% compared to €1.0 billion year-over-year.

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Wed, May 15, 2013 | 12:26 BST

Gameloft financials: Q1 sales up 21% at €54.2 million, F2P model wins big

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Gameloft has released its Q1 financial report, signalling a year-on-year sales increase of 21%, totalling €54.2 million.

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Tue, May 14, 2013 | 21:29 BST

Vivendi once again looking to sell some of its 60% stake in Activision-Blizzard – report

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Vivendi is looking to sell some of its stake in Activision-Blizzard in order to refocus on its media holdings, according to a WSJ report.

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Tue, May 14, 2013 | 12:02 BST

T2 FY13: Borderlands 2 ships 6 million, WWE 2K14 dated

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Rockstar and 2K parent company Take-Two has released its fourth quarter and FY 2013 financial report, showing increased revenue and profits off the back of BioShock Infinite and Borderlands 2, a jump in digital revenue, and a bustling upcoming release schedule.

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Mon, May 13, 2013 | 18:32 BST

Videogame sales decline expected through July – NPD

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According to a note from analyst firm Cowen and Company, NPD sales are projected to face a sharp decline until the release of Madden NFL in July.

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Mon, May 13, 2013 | 15:55 BST

GungHo financials: ¥12 billion made in April alone, Puzzle & Dragons earns $3.75 million a day

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GungHo Entertainment is making some serious bank, according to its most recent financial report. One game in particular – iOS hit Puzzle & Dragons – is currently earning the firm $3.75 million a day.

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