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Warner Bros. Earnings Up Partly Due To Arkham City And Mortal Kombat
on February 08, 2012 at 01:41 PM
TimeWarner is an enormous corporation with many divisions, and it boosted revenues 8 percent to $29 billion in the 2011 fiscal year. Some of that cheese came straight from Batman and Liu Kang. In the fourth quarter and full year earnings statement , chairman and CEO Jeff Bewkes had a lot to brag about...
What Would You Do With 1.4 Million Unsold Games?
on February 03, 2012 at 04:28 PM
THQ's financial troubles are well documented . The company recently announced a restructuring plan that would see it focus more on core games and digital titles and dropping its kids' licensed games. For the third quarter ended December 31, 2011, THQ lost $56 million. Despite strong sales from...
NPD Now Tracking Walmart Sales
on February 03, 2012 at 11:11 AM
U.S. game sales just got a bit more accurate. NPD Group, a retail tracking firm, said today it reached an agreement with Walmart to receive and analyze its point-of-sale information. Under this agreement, NPD will receive sales data from Walmart U.S. stores and walmart.com. The agreement covers "a...
THQ's Warhammer MMO Needs Help
on February 02, 2012 at 05:15 PM
THQ said today it's actively seeking a partner to help launch its MMO Warhammer 40,000: Dark Millennium Online. The publisher laid out its release schedule for many of its upcoming titles as part of its third quarter earnings report. The project was moved to THQ's 2014 fiscal year, which begins...
THQ Outlines Games Plan
on February 02, 2012 at 03:33 PM
THQ today outlined its product release schedule through its 2014 fiscal year and beyond. The publisher noted that none of its planned projects have been canceled as part of the realignment. As previously announced , THQ is exiting development of traditional kids' licensed console games, concluded...
Sony Bracing For A Bad Year
on February 02, 2012 at 09:17 AM
Citing problems with a down economy, a broken supply chain due to flooding in Thailand, currency exchange rates, and other culprits, Sony has warned investors that the fiscal year ending in March isn't going to be a good one. Reuters reports that Sony is advising that it will report a $2.9 billion...
THQ CEO Takes Pay Cut, Layoffs Total 240 People
on February 01, 2012 at 04:22 PM
THQ CEO Brian Farrell will reduce his salary by fifty percent and layoffs from the publisher's recent restructuring total 240 people, according to a new filing with the SEC THQ's new filing says Farrell will see his salary reduced from $718,500 to $359,250 for a one−year period beginning...
Battlefield 3 Sales Reach 10 Million
on February 01, 2012 at 03:31 PM
Battlefield 3 and FIFA 12 each sold more than 10 million units, EA said today. Additionally, Madden NFL 12 has sold almost 5 million units life-to-date. EA announced in November Battlefield 3 has sold 8 million copies and shipped 12 million. The publisher said Origin, its digital retail service, has...
Old Republic Subscribers Hit 1.7M, Sales Topple 2M
on February 01, 2012 at 03:14 PM
Star Wars: The Old Republic seems to be off to a hot start. EA said today the game has generated 1.7 million active subscribers since launch. Additionally, the publisher said its new MMO has sold through more than 2 million units to date. "Star Wars: The Old Republic is developing a committed community...
THQ Faces NASDAQ Delisting
on January 31, 2012 at 08:43 AM
The past few weeks haven't been kind to publisher THQ. The company has been besieged with layoffs , structural reorganization , and persistent rumors that its future is on shaky ground. Now it's facing the possibility that its sagging stock could be delisted on the NASDAQ exchange. After trading...
Super Mario 3D Land Sells 5M, Skyward Sword 3.4M
on January 27, 2012 at 12:14 PM
Nintendo has released global sales figures for its million-selling titles released so far on the Wii, DS, and 3DS systems. Super Mario 3D Land sold 5.03 million units so far through Nintendo's 2012 fiscal year. Super Mario 3D Land is the best-selling 3DS title so far in front of Mario Kart 7, which...
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