THQ and EA discuss PSN hack

Leading execs from two of the world’s biggest publishers have downplayed the economic impact that the collapse of PSN has had on their companies.

"Obviously, we’re hopeful that, that comes back online as quickly as possible," EA CFO Eric Brown told investors. "We are aware that heading into the construction of our Q1 guidance, we think there’s a modest impact that we’ve already factored in here in the upcoming quarter."

And THQ CEO Brian Farrell says that his business has seen a "small impact" in its revenues though still described it overall as a "minor" problem.

Of course, the impact of the problems on small companies, most notably independent developers, is far more pronounced.

Last month an anonymous studio boss said that his business has been left without any revenue whatsoever as a result of the downtime, estimating that it had cost them a revenue drop of up to ten per cent.

Sony’s original estimates for PSN returning pointed to Tuesday of this week, though at the time of writing there’s still no sign of anything coming back online.

About MCV Staff

Check Also

ab67656300005f1fb3f482612032d45481fa32fd [Industry news] Games for Change and Tencent call for more informed conversation on children and video games in Good Game Club podcast

[Industry news] Games for Change and Tencent call for more informed conversation on children and video games in Good Game Club podcast

Games for Change and Tencent have joined forces to back Raising Good Gamers, a global initiative designed to help parents and caregivers better understand video games and support healthier play. In a new episode of the Good Game Club podcast, Susanna Pollack, President of Games for Change and Danny Marti, Head of Public Affairs at Tencent explore how the public conversation around games, children and wellbeing can move beyond fear and towards understanding.