Annual EA losses pass $1bn

North American based publisher EA has reported a GAAP net loss of $1.088bn for the year ending March 31st 2009 – an increase of over 100 per cent compared to the $454m loss in the same period the year before. Revenue for the period hit $4.212bn, up 15 per cent …

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EA zones in on market share

The past year was ‘not great’ for Electronic Arts – and the firm is gunning to grab back market share from rivals Activision and Ubisoft this year. That’s according to UK boss Keith Ramsdale, who has boasted of EA’s ‘amazing line-up’ for the next 12 months. FY09, which I have …

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Gamecom details easy travel plans

Ahead of the first ever Gamescom in Cologne this August, the event’s organisers have released details about the many ways visitors will be able to get to expo. Travelling by air will be easy with European flights to Cologne/Bonn costing as little at €75. International travellers will fare well, too, …

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Confirmed: Empire goes into administration

Empire Interactive has finally and officially been put into administration, MCV can reveal. KPMG was appointed to handle the administration of the firm on Friday, May 1st. 49 staff have been made redundant at the company with six being kept on to help KPMG with the process, the administrator told …

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Carphone Warehouse ups gameplan

The Carphone Warehouse has moved into video games retail, and plans to increase its presence ahead of the arrival of Best Buy early next year. The High Street chain launched five of its new ‘Wireless World’ stores in November last year – and MCV understands that 40 more will be added …

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DSGi running scared of Best Buy

DSGi has locked down its sales figures on core products as it looks to hide vital information from emergent retail giant Best Buy – leaving GfK-ChartTrack with no choice but to ban the firm from its panel. The retailer, which owns PC World, Currys and Dixons, told GfK-ChartTrack last week …

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