Tag Archives: losses

Sony has revised its earnings forecast for the fiscal year ending March 31st. The firm is now expecting a net income loss of 150 billion YEN ($1.68 billion), with an operating income loss of 260 billion YEN ($3 billion), which is more than the $1.1 billion loss predicted earlier in …

EA’s previously revealed cost-cutting measures continue to take effect, with Canadian studio Black Box and Florida-based team Tiburon apparently the latest to see job cuts. Click here to visit Developmag.com for the complete story .

It seems that the Mythic Entertainment, the developer of successful PC MMO Warhammer: Online, has become the latest EA-owned studio to face losses as a result of the cost-cutting measures currently being implemented by the North American games publisher. MCV’s sister website Developmag.com has the full story – click here …

Warhammer Online developer the latest to be affected by EA cost-cutting measures

Deloitte, the administrator handling the closure of Woolworths and distribution arm EUK, has confirmed that it is to step down its efforts to try and find a buyer for the distributor. It also confirmed MCV’s earlier report that 700 staff were this morning made redundant, and that a skeleton staff …

MCV understands that workers at the Woolworths-owned distributor EUK have this morning been told that today is their last day in employment, following administrator Deloitte’s failure to find a buyer for the company. It is understood that around 90 per cent of the workforce has been made redundant after a …

PC World and Currys parent DSGi has axed its dividend to preserve liquidity, after being hit with a 29.8 million pre-tax loss for the first six months of the year. Comparatively, the group made a 52.5 million profit during the same period last year. The firm says it hasn’t made …

Gearbox Software has laid off up to 25 of its staff as part of a strategy shift at the studio, according to reports on the web published over the weekend. Originally, sources reported that the redundancies came as production on Sega’s Aliens: Colonial Marines was halted, but studio head Randy …

Dutch publisher Playlogic has reported disappointing figures for its fiscal third quarter which show revenues of 740,000 – a number that’s 70 per cent down on the revenues reported in the same period last year. Gross profits were also down significantly, hitting just 200,000 – substantially down on the previous …

Atari’s parent company Infrogrames has announced an increase of net revenue of 44.5 per cent for its fiscal first half 2009-2009 ending September 30th. Despite falling 7.5 per cent, losses still totalled €85.67 million, though they were outweighed by a total net revenue for the period of €131.8 million, which …