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Disney Ditches Game Publishing

MAY 11, 2016 • The Walt Disney Co. announced that it was exiting the business of game publishing, as well as discontinuing its Disney Infinity Toys-to-Life franchise. Moving forward, the entertainment conglomerate will no longer self-produce or publish digital games on any platform in favor of licensing IP under its control to third-party game studios. […]

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Old School Capcom Beats Forecast

Packaged goods, primarily console revenue, boosted Capcom Co., Ltd. significantly beyond forecasts for the fiscal year ending March 31. A year ago the company projected that it would sell 6 million packaged units during the 12-month period and ended up selling 8.9 million units.

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Gibeau Becomes Zynga CEO

MARCH 3, 2016 • Former Electronic Arts, Inc. executive vice president of EA Mobile, Frank Gibeau, has signed on to become the next chief executive officer of Zynga Inc. He has been on Zynga’s board last fall. Mark Pincus is stepping down from the CEO post he reclaimed in April of last year when Don […]

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4M PS4s Moved In 3rd Qtr

OCT. 29, 2015 • For the fiscal quarter ending September 30, Sony Computer Ent. shipped 4 million PlayStations 4s, up from 3 million units the previous quarter. For the entire 2015 fiscal year ending March 31, SCE revised the expected total of PS4s shipped to 17.5 million units, up from the previous estimate of 16.5 […]

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Nexon Backs Off NCsoft

OCT. 21, 2015 • Nexon Co., Ltd. has sold its shares in NCsoft Corp. and backed away from the takeover position it previously held in the publisher. Back in 2012, Nexon had purchased a 14.7% stake from NCsoft chief executive Kim Taek-jin. The move was framed as part of a friendly deal between the companies to […]

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Tencent’s 2Q Game Revenue

AUG. 14, 2015 • Tencent Holdings Ltd. continues to be a leader in PC online games and is increasingly looking to grow its presence in the competitive mobile game business. Surprisingly, second quarter growth in mobile games revenue was somewhat stagnant. Compared to the first quarter, online computer games saw revenue of 12.97 billion yuan […]

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ATVI’s Solid Qtr Despite WoW Dip

AUG. 6, 2015 • Activision Blizzard, Inc. (NADAQ:ATVI) stock value increased over 10% as second quarter numbers showed the company beat earnings expectations. Under GAAP reporting, revenue in the second quarter of 2015 increased 8% over the same period last year to just over $1 billion. Using GAAP analysis, net income for Q2 remained very […]

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GTA V PC Digital Sales at 75%

MAY 19, 2015 • Part of the results that Take-Two Interactive Software, Inc. reported from its fiscal fourth quarter ending March 31 included some intriguing details about the PC release of Grand Theft Auto V. Since the computer version was released on April 14, 75% of units purchased were delivered via digital distribution. By comparison, […]

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Ubisoft Drops Last Gen

MAY 14, 2015 • A year and a half after the arrival of the PlayStation 4 and Xbox One, Ubisoft Entertainment S.A. disclosed during a financial conference call that it is dropping development on the PS3 and Xbox 360. For the publisher’s fiscal year 2016 all of its AAA releases, with the exception of the […]

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Nintendo Sees Profits

JAN. 28, 2015 • For the three month period ending December 31, Nintendo Co. Ltd. posted a net profit of ¥45.22 billion ($382 million), up from ¥9.6 billion ($81 million) during the same period last year. By the end of its fiscal year next March, the gamemaker expects to realize ¥30 billion ($253 million) in […]

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