Tag Archives: usa

Mad Catz scores big in Europe

U.S. peripherals manufacturer Mad Catz has announced a Q3 jump in sales of 19 percent, from $41 million to $49 million. For the quarter ended Dec 31, the firm scored gross profits of $16 million, up 51% from $10.5 million in the same quarter of the prior year. Margins are …

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EA: Gloomy outlook

Electronic Arts has warned of lower-than-anticipated earnings for the year ahead. Reporting its financials, the company told investors to expectrevenue of between $3.65 billion and $3.9 billion for the year ending March 2011. Wall Street had targeted over $4 billion. Its fiscal results for Q3 offered some positives, following a …

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US: GameStop investigation

New York General Attorney Andrew Cuomo says he has issued a subpoena to 22 leading online retailers, including GameStop, as part of an investigation into ‘deceptive practices’ which lure buyers into making unwitting purchases. In a statement issued last week, reported yesterday by Kotaku, the Attorney General said that, "when …

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FarmVille heads to Microsoft

Runaway Facebook hit FarmVille is set to appear on Microsoft’s entertainment portal MSN Games and Windows Live Messenger. FarmVille is a bona fide social media phenomenon and social gaming poster-child, with 75 million Facebook players hooking up with the game, every month. San Francisco-based Zynga says it’s targeting further growth …

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New digital focus for THQ

Reporting slight profits for its Q3, THQ has slashed 60 jobs and announced plans to realign some of its studios towards digital distribution platforms. The company reported profits of $542,000, compared to a loss of $192 million for the same period last year. Sales were flat at $357 million. The …

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Global games decline measured at 8%

The world’s three biggest retail markets for video games saw a combined decline of eight per cent in sales last year according to a new report. A new Top Global Markets report from NPD, GfK-ChartTrack and Famitsu – which integrates data from USA, UK and Japan – shows the downtown …

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US: Legal fees slam PopCap

A judge has topped up PopCap’s damages and fees payable to casual rival MumboJumbo, adding $2.7 million in legal fees to the $4.6 million damages awarded last week, following a jury verdict. Following a hearing in the 193rd Civil District Court inDallas County, JudgeCarl Ginsbergsaid he would enter an order …

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US: Game retail kiosks scrapped

Retail giants Wal-Mart and Best Buy have pulled out of a plan to extend their reach in the games market via automatic store-based kiosks. In May last year Wal-Mart teamed up with E-Play to place kiosks in 80 of its 3,600 U.S. stores, while Best Buy also carried the experiment …

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St John returns

Planning a strong push into the games sector, social network hi5 has hired outspoken industry veteran Alex St. John as president and chief technology officer. Until late last year, St. John was CEO of online gaming destination WildTangent. Previously, he was a Microsoft bigwig, whose credits include co-creating DirectX. His …

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US: Thanksgiving Wii sales top 500K

US Wii sales for the crucial Thanksgiving week checked in at 550,000 units, according to Nintendo, down from 800,000 last year. Nintendo said it was happy with the result, following 2008’s high peaks. The firm recently dropped the console’s price $50 to $199 to stimulate demand in the console, which …

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