Disney Infinity is keeping this steamboat chugging
Disney Interactive has been a financially struggling arm of the Walt Disney Company, but its investment in Disney Infinity is showing a significant payout as more game consumers are putting their money where the mouse is. According to Disney's latest earnings report, Disney Interact
Lack of new releases sees profits tumble
Capcom has confirmed its profits took a big hit in the second quarter of 2013, largely down to the low amount of new releases. The company recorded net sales of 17.4 billion yen for the three months to 30th June ($178.7 million/ £117.5 million/ €134.2 million), down 6.2 percent compared to the second...
Boxed sales witness a slowdown, while digital performs well
SEGA has released its financial results for the second quarter of 2013, revealing a massive 408 percent leap in profits. The company recorded a 12.9 billion yen ($131.8 million/ £87 million/ €99.4 million ) profit between 1st April and 30th June, compared to the 2.5 billion yen ($25.8...
Puzzle & Dragons owner sees a huge rise in its share price
The mobile gaming market is certainly on the rise as more and more people start to adopt devices such as tablets and smartphones. No longer do you need to have a dedicated gaming console to enjoy games as you can now find them within various app stores. Naturally, the quality may not...
The largest increase since 2008
The Japanese yen has reached a three-year low against the euro meaning many successful exporters are enjoying a rise in stock. Nintendo has seen an 11% rise in stock value, which now stands at 11,850 yen, the largest gain since 2008. The yen has weakened against all 16 major counterparts this year as speculation...
Key franchises to be sold to the highest bidder
The future of THQ largely hangs in the balance as the company struggles to find the cash to stay afloat. Back in December the publisher filed for Chapter 11 Bankruptcy handing over its assets to investment firm Clearlake Capital, which is now looking for a prospective buyer. It has been confirmed...
Upcoming games are safe
THQ has been sailing through some stormy seas recently. The developer currently has $16.4 million outstanding on its facility and recently entered into a forbearance agreement with the finance company Wells Fargo Capital Finance. The waves don’t seem to be easing up for the company as it has today filed for Chapter 11...
Foreclosure delayed, for now
THQ has been going through some difficult times lately. The developer currently has $16.4 million outstanding on its facility and two weeks ago it defaulted on a loan worth $50 million. Things were looking bleak, but it appears the company has entered into an agreement with the finance company Wells Fargo Capital Finance...
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