MCV/DEVELOP News, events, research and jobs from the games industry
Retail discounting Skyrim helped the UK games retail market generate a whopping 68.3m last week – a ten per cent rise over the week prior’s 62.2m. The Elder Scrolls V: Skyrim also toppled Call of Duty: Modern Warfare 3 as the top-selling game of the week ending December 10th, thanks …
Read More »New web retailer shares pre-owned revenue with publishers
An internet rental specialist has promised to share its used game profits with publishers. OnePlayS offers a video game rental subscription service similar to LoveFilm. The difference is it lets users buy the game they’ve rented – second-hand – if they like it. Then it shares the money with the …
Read More »F2P switch sees DC Universe revenues soar 700%
Sales for the DC Universe MMO has jumped sevenfold in around twenty days since the game turned free, according to new data. Microtransactions for virtual goods has driven the game’s growth, with a flood of new players accessing the title. PS3 users make up a half of all the game’s …
Read More »China’s Tencent posts second consecutive $1bn+ quarter
Tencent, the owner of successful internet and mobile games developer Riot Games, has posted another set of astronomical numbers. Total revenue for the quarter ending September 30th reached $1.18bn, which is a year-on-year gain of over 11 per cent. It’s the second quarter in a row that revenue has topped …
Read More »Take-Two reports increased losses
Grand Theft Auto publisher Take-Two has reported a drop in revenues and increased losses for the quarter ending September 30th. Losses reached $47.3m compared to $8m for the same quarter in 2010. Revenue fell from $245m to $107m year-on-year. The numbers, nonetheless, were better than expectations, driven mostly by strong …
Read More »Activision profits triple as digital surpasses boxed
Call of Duty and World of Warcraft publisher Activision has reported a near tripling of profits for the quarter ending September 30th. Total profit came in at $148m – that’s up on the $51m reported in the same period in 2010. Sales also far exceeded expectations, coming in at $627m. …
Read More »Revenues jump, profits fall at Zynga
Zynga’s revenue for the third calendar quarter nearly doubled to reach a new record, but the firm’s exorbitant investments continue to squeeze profits. For the three months that ended on September 30th, Zynga made $307 million, driven by in-game advertising and virtual goods purchases. That represents year-on-year revenue increase of …
Read More »Warhammer helps THQ beats expectations in Q2
Strong sales of futuristic sci-fi hack ‘n’ slash outing Warhammer 40, 000: Space Marine helped THQ to post a stronger than expected Q2. Revenue reached $146m for the quarter ending September 30th. That’s not only an 89 per cent jump year-on-year – it’s also way ahead of analyst predictions. Losses, …
Read More »Sega Sammy reports revenue and profit falls
Japanese gaming giant Sega Sammy Holdings has reported a fall in both revenue and profit for the six months ending September 30th. Revenue fell to 1.2bn, a decline of 29.9 per cent. Net profit fell 83.7 per cent to 30m. Unsurprisingly the Japanese earthquake was the chief culprit in the …
Read More »Losses grow but EA sales beat expectations
Publisher EA has published higher than anticipated sales numbers for its financial Q2 ending September 30th 2012. In total sales hit $1.03bn for the period – a 17 per cent year-on-year increase. Losses for the period also increased, however, hitting $340m. That’s a $139m year-on-year increase. The big successes of …
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