Tag Archives: revenues

Revenue doubles at LOTR Online

Codemasters’ decision to drop subscription charges from Lord of the Rings Online and switch to microtransactions has been a big success for the game. Since making the switch, which was announced in June, developer Turbine says that revenues for the game have doubled. In addition, a million new accounts have …

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Online trumps retail in Activisions Q2

Activision has reported a 12 per cent jump in earnings for the quarter ending June 30th 2010, though it was the reported rise of its digital sales that have really caught the eye. The publisher stated that for the first time in its history, sales from its digital channels outstripped …

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Viacom reports strong quarter

MTV owner Viacom’s operating income for the quarter ending June 30th 2010 climbed 35 per cent to $794m Revenues were relatively flat year-on-year, up from $3.299bn last year to $3.301bn. Net earning jumped 51 per cent to $418m. For the six months ending June 30th operating income climbed 29 per …

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Game revenues up at Warner

Media powerhouse Time Warner has reported Q2 revenues of $6.4bn, an eight per cent year-on-year increase and its biggest annual jump since Q2 2008. Its Filmed Entertainment division, which includes Warner Interactive Entertainment, saw revenues increase by eight per cent to $2.5bn. Video games revenues were increased thanks on the …

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Good news for EA in Q1

Publisher EA has reported income of $96m for the financial quarter ending June 30th 2010, a vast improvement over the $234m loss in suffered in the same period in 2009. Of interest is the fact that digital revenues were up sharply, reaching $176m. Last year that figure stood at $117m, …

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Nintendo income plummets

Slowing demand for the DS and the strength of the Japanese YEN have lead to a punishing quarter for platform holder Nintendo. For the quarter ending June 30th operating income fell by a considerable 42.2 per cent year-on-year to YEN 40.4bn. Sales dropped by 25.6 per cent to YEN 188.6bn. …

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Atari reduces losses

As Atari continues to transform its business for the modern games industry, it has seen losses for the year ending March 31st 2010 fall to €19.7m – a year-on-year reduction of 91 per cent. The sale of Atari’s distribution interests and the complete restructuring of its publishing arm were the …

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GAMEs digital battle cry

Leading UK video games retailer GAME has outlined its ongoing strategy that it hopes will increase the amount of its revenue that stems from its digital business. At the moment in-store physical sales still account for 94 per cent of the retailer’s total revenue, but amongst GAME’s digital aspirations is …

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NPD: Market climbs return at last

The US video games market at last recorded a month of growth in March, climbing six per cent year-on-year to reach a value of $1.52bn. NPD says that it was the third best non-holiday month on record. However, the numbers weren’t enough to reverse the slow sales recorded in January …

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XBLA revenues hit $100m in 09

An annual report from Forecasting and Analysing Digital Entertainment (FADE) claims that Microsoft’s Xbox Live Arcade download service generated revenues in excess of $100m in 2009 – a new record for the digital outlet. More precisely, FADE reckons XBLA made $103.4m worldwide in 2009, representing a 34 per cent year-on-year …

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