Publishing

Activision Blizzard posts $72m Q4 loss

Activision Blizzard has posted a $72 million loss for its fourth quarter – but reported a combined yearly revenue of $5 billion. Driven by strong sales of Guitar Hero, Call of Duty and World of Warcraft games, the US company reported revenue of $1.6 billion for the quarter – the …

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Sony pledges to reinvigorate PSP in 09

‘SIGNIFICANT’ NEW titles are heading to the PSP this year that will revitalise the format and attract new consumers, Sony has told MCV. Now over four years-old, the PSP has steadily established itself throughout the current generation, selling over 40 million units globally – 3.2m of them in the UK. …

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Square Enix swoops for Eidos

It has been confirmed that Japanese publisher Square Enix has made a firm offer for Britsoft rival Eidos, estimated to be around 84mn – a total that represents a 129 per cent premium on Eidos’ current market value. Square Enix believes that the acquisition represents a highly attractive opportunity for …

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Nvidia reports large losses

Graphics chips vendor Nvidia’s results for fiscal Q4 revealed a $147.7 million net loss, while for the year as a whole the firm made a loss of 30 million. Q4 revenue was $481.1 million, compared to $1.2 billion for the same period the previous year. The firm blamed a ‘difficult …

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Ubisoft’s Imagine brand hits 1m sales

Ubisoft is celebrating after a stellar performance by its Imagine range over Christmas pushed the series to just under one million annual sales. The line-up of mass-market titles shifted over 300,000 units in the four weeks to Christmas, MCV has learnt, with Imagine Teacher and Imagine Dream Weddings leading the …

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1.1m games sold off cheap at EUK

The administrator of EUK is to auction off the contents of the wholesaler’s warehouse stock this week for a cut-price – including 1.1 million games. In news that is sure to worry the publishing community, Deloitte is reportedly accepting tender offers for the outstanding stock, which also includes 2.9 million …

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The Lancer is the new Lightsaber

Aside from Epic’s recent news about its upcoming third update for Gears of War 2, all is relatively quiet in the Gears of Wars universe – but an admission from one of the game’s key writers suggests that Epic and Microsoft have plenty of Gears surprises on the way. IGN …

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