MCV/DEVELOP News, events, research and jobs from the games industry
Though it insists that its half-year financials (which are due to be published on May 20th) should meet its previously published expectations, Future has issued a cautious pre-close trading update.
Games, which comprises 30 per cent of group revenue, continues to experience a very tough market and difficult comparatives,” a Future spokesperson stated.Advertising in the US, which has more exposure to the games market, remains under pressure.”
The numbers are expected to show a year-on-year decrease, though Future pegs less favourable currency impacts” as the main driver behind the dip.
It adds that special-interest titles within the active, technology and music & movies segments ‘continue to show resilience’.
