Tag Archives: revenue

Music biz unlikely to mourn Guitar Hero loss

The likes of EMI and Universal have enjoyed huge success partnering with Activision’s Guitar Hero franchise. However, Music Week’s digital specialist Eamonn Forde says the record companies will quickly move on following its demise. In today’s music market, the decline of any revenue source is not to be taken lightly,” …

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GAME: We’ll triple digital revenue by 2013

GAME Group CEO Ian Shepherd has outlined the company’s Strategic Update in which he has expressed his intention to triple the Group’s online and digital revenue from 100m to 300m by 2013. The exec said that recent behind the scenes investment in GAME’s digital infrastructure will start to become apparent …

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Digital revenues soar at Future

Media firm Future has reported a significant increase in online ad revenue for the quarter ending December 31st 2010. Digital now accounts for 32 per cent of the company’s total ad revenue, which is up an impressive 25 per cent compared to the same quarter the year before. Future’s UK …

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Europe remains strong for EA

Despite a drop of revenues across every territory for EA in its Q3 2011, Europe has emerged as the most resilient region for the publisher. Net revenues for Europe were down just two per cent year-on-year in Europe. By contrast, Asian revenues were down 21 per cent and North American …

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Konami stems losses

Japanese publisher Konami has reported a quarter of declines for the three months ending December 31st 2010. Revenue was down 1.4 per cent year-on-year at Y188,308m while operating income fell 50.6 per cent to Y16,541m. Net income was Y9,615m, down 9.5 per cent. However, this is a big improvement on …

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PS3 now on parity with Xbox 360 for EA

EA made as much money on PS3 software as it did on Xbox 360 for the first time in the quarter ending December 31st 2010. Net revenue for PS3 was up 19 per cent year-on-year to $282m. In contrast, Xbox 360 revenues fell 18 per cent to $285m, leaving both …

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Investors buy into EA vision

Publisher EA has reported a net loss of $322m for its Q3 ending December 31st 2010 – a year-on-year increase of nearly 300 per cent. Revenues for the period were down 15 per cent at $1.05bn. However, adjusted non-GAAP numbers are more positive, showing almost a doubling of profits to …

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Microsoft enjoys record quarter

Xbox 360 and Windows platform holder Microsoft has reported its best ever quarterly earnings for the three months ending December 31st. Total company revenues came in at $19.95bn for the period with profits reaching just over $8bn. It was the Entertainment and Devices Division, which is the home of Xbox …

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EA: Digital to overtake physical in 2011

The switch from boxed to digital goods is going to happen far quicker than most of the industry has expected, according to EA CEO John Riccitiello. In fact, the outspoken exec thinks that even by the end of this year digital revenues will exceed revenues from the sales of physical …

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LOTRO revenues triple

The Lord of the Rings Online MMO is making three times as much money since adopting a free-to-play subscription model, the game’s developer has claimed. Massachusetts-based studio Turbine incorporated free-to-play subscriptions in its MMO series last year, though still offers two additional subscriptions – standard and premium – at a …

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