THQ suffers $9.3m net loss in Q1

THQ has posted its fiscal results for the first quarter of FY2008, revealing a year-on year drop in sales of $34.3 million and a net loss of $9.3 million. The California-based company generated sales of $104.5 million for the period to June 30th, down from the $138.8 million made in …

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Hasbro ready to Scrabble for games market share?

The news comes following the recent announcement that the company has bought back from Atari the digital gaming rights to its key franchises, including Monopoly, Scrabble and Risk. It could see Hasbro Interactive return to the market after an absence of six years, when its games division was sold to …

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The return of Activision

So why quit a big job running several territories for EA? What appealed to you about Activision? We have a tremendous opportunity. The company is stronger than ever and with stronger European appeal than ever. Things like Guitar Hero having localised content and the deal last year for James Bond …

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Toy firms to roll the dice again?

Giants – and fierce rivals – Hasbro and Mattel had just established Interactive divisions in order to take their key brands to the exciting new ‘multimedia’ PC CD-ROM format. And we revealed that Lego, Vtech and Tiger Electronics were considering similar moves. They were exciting times. The market was looking …

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Riccitiello not pleased with EA financials

The super-publisher has revealed its fiscal results for the period ended June 30th, a set of results described as ‘not acceptable’ by head honcho John Riccitiello in a conference call reported by next-gen . EA confirmed that that net revenue for the quarter was $395 million, down four per cent …

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Rockstar confirms Manhunt appeal

Rockstar has confirmed that it has lodged an appeal against the British Board of Film Classification’s decision to reject Manhunt 2. The company officially registered its plea with the Video Appeals Committee yesterday – as exclusively revealed by MCV earlier today. A statement from the company reads: ‘Take-Two Interactive Software, …

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