MCV/DEVELOP News, events, research and jobs from the games industry
Disney Interactive Media has reported a 13 per cent increase in revenue for the quarter ending December 31st 2008, but has nonetheless suffered a loss for period. Revenue reached $313m, up from $276m in the same period the year before. This wasn’t enough to prevent a loss of $45m, down …
Read More »Annual losses expected at Sony
PS3 platform holder Sony is expected to post an operating loss of $1.1bn for its financial year ending March 31st, according to Japanese business daily the Nikkei. Reuters reports that the loss could be as high as $2.2bn depending on how the next three months pan out for the firm. …
Read More ȣ8m loss for Comet
Kesa Electricals has revealed that its UK chain Comet made a half-year loss of 8.1m for the period up until October, with the retail chain blaming deteriorating market conditions for the results. That was in stark contrast to its 10.6m profit for the same period in 2007. MCV’s sister publication …
Read More »HMV reports £19.8 million six-month loss
The HMV Group has revealed its financial results for the six months ending October 25th, reporting a post-tax loss of 19.8 million. The entertainment group – which also includes book specialist Waterstones – revealed that sales were up 3.5 per cent, but like-for-like sales had fallen flat. Like-for-like sales at …
Read More »Anne Diamond returns to games industry
Just six months ago TV presenter and Daily Mail columnist Anne Diamond was at the forefront of the anti-games movement – but now the former TVAM star has agreed to work with casual games leader PopCap to test whether casual games can help you lose weight. CasualGaming.biz has the full …
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