Publishing

Digital revenues double ahead of THQ restructure

Change is afoot at THQ. The company has withdrawn from the children’s market and plans to focus instead on "core games and digital initiatives". And despite losses of $56m, it has plenty to work with – the publisher revealed that digital revenues for the third quarter of fiscal 2012 have …

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Why THQ has rubbed out uDraw

The uDraw GameTablet and all related games have been discontinued after the franchise’s sales fell short by $100m. "THQ has no future commitments or plans to manufacture uDraw hardware," the company said in its latest financial report. Revenues for the PS3 and Xbox 360 versions of uDraw – which were …

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Take-Two profits drop to $14.2m

Take-Two has reported a 65 per cent drop in profit to $14.2m for its fiscal Q3 ending December 31st 2011. The Rockstar and 2K parent generated $236.3m in sales during October, November and December. This represents a 25 per cent year-on-year dip compared to the $334.3m made in the same …

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THQ losses rise to $56m

The Saints Row publisher has posted its financial results for its third quarter, showing a 275 per cent rise in net losses since the same period in 2010. THQ posted a net loss of $55.9m for the three months ended December 31st, 2011 – up from just $14.9m in the …

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1m publishing contract up for grabs

Computec has relaunched its Make The Game contest, offering developers the chance to get their game published. The prize is a publishing contract and marketing budget worth €1m, plus an advertising campaign that will push the winning social game to the European media firm’s audience of over 5m consumers. We …

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Capcom’s net income falls 53.6%

The strategic postponement” of major titles and a drastic overhaul of the business” were blamed as the key reasons behind its poor financials. The publisher saw net income for the nine months ending December 31st 2001 fall 52.6 per cent to 3,242m. Operating income fell 47.2 per cent to 6,744m …

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