SouthPeak has posted a $12.1 million profit loss for the 2009 fiscal year ending June 30th.
However, units sales were up 100 per cent and net revenues rose from last year by $7.2 million.
The firm’s losses were put down to 12.5 million investment into IP and game development for future products, as well as the $1.6 million expenses in relation to the Gamecock acquisition.
The publisher is optimistic that Two Worlds 2, My Baby: First Steps and Dementium will bolster sales for 2010.
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![470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities](https://mcvuk.com/wp-content/uploads/470-Pacific-310x165.webp)
Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).
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