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Posts tagged Profit

Dear Esther turned a profit in just 5 hours, 30 minutes

Last year Indie Fund voted to support Dear Esther, a rebuild of the popular Half-Life 2 mod, and it gave developer thechineseroom $55,000 in one lump sum. Indie Fund had its reservations: In an email to thechineseroom's Dan Pinchbeck before handing over the money, Indie Fund said the Steam audience ...

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Namco Bandai profits up in Q3 2012, as are year-end projections

Namco Bandai's financial statement for the third quarter of fiscal 2012 has been released, and while the report contains a lot of tables and numbers and figures, it actually has very few pictures, which was a problem for our exceedingly limited attention spans. We did our best, though, and after ...

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Square Enix thanks games for 2011's rise in revenue, profit

Deus Ex is leading the revenue revolution for Square Enix, whose digital entertainment -- games -- department in April-December 2011 grew 6.2 percent from the previous fiscal year, totaling $704.7 million in net sales. Games now comprise 56 percent of Square Enix's total revenue, where in the same ...

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Star Wars: The Old Republic hits a million players, 28 million hours played

EA has announced that Star Wars: The Old Republic has assembled more than a million registered players in its first week officially live, earning it the self-granted title of "fastest growing subscription MMO in history." A million players is a solid milestone, but EA and BioWare still have ...

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Minecraft dev's profits spawn new, six-person studio

When he's not flying to Valve to speak about his world-building game, Minecraft, one-man development team Marcus Persson has been spending his days lately scouting for a new office and a couple more employees. Profits from his yet-to-be-finished crafting game have already netted enough to start a ...

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Nikkei: Sony enters the black in fiscal Q1, game division turns a profit

According to a report from Japanese newspaper Nikkei (translated by Andriasang), Sony will be reporting its fiscal 2011 first quarter results (April 1 through June 30) in the coming days, posting an operating profit somewhere between 10 billion ($114.63 million) and 30 billion yen ($343.89 ...

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Newest PS3 SKU has updated, cheaper RSX innards

Japanese tech site PocketNews recently -- for reasons unbeknownst to us -- cracked open the smooth, colorless shell of the new CECH-2100A model of the PlayStation. What did they find inside? Candy. So much candy. They also found a smaller, more energy-efficient RSX graphics chip, which allows Sony ...

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EA joins the Fortune 500

There are two kinds of corporations in the US: those who count themselves amongst the top 500 companies, according to Fortune magazine, and those who can't afford Fortune magazine. And now Electronic Arts has managed to break its way into the august ranks of the Fortune 500, CNN reports, at number ...

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Turbine makes more money by giving its MMO away for free

Here's a story that you're probably going to see a lot over the next few years: A company started giving away its game for free, and now reports that it's making more money than before. That's what happened to Turbine, maker of the Dungeons and Dragons Online MMO. Last year, it decided to move from ...

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Funcom posts $9.6 million loss in Q3 2009

Following a round of layoffs, a delay for one of its most anticipated titles and continuing reports of the player decline of Age of Conan, we knew that Norwegian developer Funcom wasn't in the best shape. Earlier today, the company posted its Q3 financial results and confirmed our suspicions: The ...

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