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Activision reports record fiscal results

US publisher Activision has raised its full year outlook after posting a quarterly net profit of $27.8 million. That figure compares handsomely to a net loss of $18.3 million from the same period a year previously. Net revenues we up 163 per cent to $495.5 million for the quarter ending …

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Guillemot to keynote at EIF 07

Guillemot’s keynote address kicks off the exclusive two-day gaming seminar in Edinburgh. He will deliver his speech at 10.45am on Monday August 13 at the Royal College of Physicians, in Queen Street. Simon Nelson, controller of multiplatform and portfolio at BBC Vision, will also be speaking at the event, exploring …

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GTA IV delayed until ’08

Rockstar Games has announced that its hotly-watched Grand Theft Auto IV has been delayed until 2008. The game, developed by Edinburgh’s Rockstar North, was due to be released this October. Now, "due to additional development time required to complete the title", the game will not appear until February 2008 at …

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Midway turnaround continues apace

US publisher Midway has posted its results for the second quarter ended June 30th, boasting net revenues of $31.8 million, up from the $25.9m of last year. Losses also improved, coming in at $14.3m, half the $31m of a year ago. The firm outlined the US release of The Lord …

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Disney gets Club Penguin

The Walt Disney Company has acquired kids online virtual world Club Penguin. Club Penguin launched in October 2005, and now has over 700,000 paying subscribers and 12 million activated users – mainly in the US and Canada. The site is based on animated penguin avatars on a snow covered virtual …

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Nintendo signs up new ad agency

According to Marketing Week , Nintendo and Karmamara are in the final negotiations of an advertising contract after the latter won the pitch against rival agencies thought to include Vallance Carruthers Coleman Priest, Miles Calcraft Briginshaw Duffy, and CDP. The battle followed a review, which was called in May after …

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Peep Shows Mitchell to host Joysticks

The shortlist for Future Publishing’s Golden Joystick awards has been revealed, along with the announcement of a new host – David Mitchell, best known for his role as Mark in Channel 4 comedy Peep Show. The event will be held at London’s Park Lane Hilton Hotel on Friday October 26th, …

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Triple-A games line-up revealed for EIF 07

Unreal Tournament, Assassin’s Creed and BioShock are also set to feature at The Edinburgh Interactive Games Screenings on Tuesday August 14th at the Odeon Cinema on Lothian Road. Alongside the games line-up, students will be able to sample the action and get advice on how to get into the games …

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THQ suffers $9.3m net loss in Q1

THQ has posted its fiscal results for the first quarter of FY2008, revealing a year-on year drop in sales of $34.3 million and a net loss of $9.3 million. The California-based company generated sales of $104.5 million for the period to June 30th, down from the $138.8 million made in …

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Hasbro ready to Scrabble for games market share?

The news comes following the recent announcement that the company has bought back from Atari the digital gaming rights to its key franchises, including Monopoly, Scrabble and Risk. It could see Hasbro Interactive return to the market after an absence of six years, when its games division was sold to …

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