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Posts tagged majesco-entertainment

Ghostwire no longer being published by Majesco, fate uncertain

DSi augmented reality game Ghostwire will no longer be published by Majesco. A representative for the publisher informed Joystiq that the game, which was supposed to be out this quarter, was removed from the release schedule over the summer; though apparently, Ghostwire wasn't publicly dropped...

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Majesco's CFO gets out of the kitchen

Financially troubled publisher Majesco recently announced the resignation of its chief financial officer, John Gross, who will be replaced by an interim executive when he leaves August 20. For what are likely his final official remarks at Majesco, Gross leaves with these words: "We have worked as a...

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Nobilis fires back at SouthPeak over My Baby IP, blames lack of payment for Majesco move

Responding to recent legal action between former My Baby franchise publisher SouthPeak Games and new publisher Majesco Entertainment, My Baby developer (and IP owner) Nobilis has placed blame for the move on "uncured breaches from SouthPeak, notably for non-payment." In so many words, it appears...

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SouthPeak suing Majesco over My Baby 3

Joystiq has confirmed with SouthPeak Games that the company has taken legal action against Mama game publisher Majesco Entertainment, specifically regarding the right to publish My Baby titles in the United States. The litigation was spurred by an announcement last month that Majesco would be...

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SouthPeak gets $10 million loan while losing biggest moneymaker

Outside of looming legal battles and down year-over-year revenues, SouthPeak recently received a $10 million "asset-based line of credit" that extends until February 28, 2012, reports IndustryGamers, effectively replacing an $8 million line of credit previously secured. We're not quite sure what...

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Henry Hatsworth devs crafting Monster Tale on DS

Dreamrift, the new studio formed by Henry Hatsworth designer Peter Ong and programmer Ryan Pijai, is working on a new DS game that, once again, involves two distinct genres of running simultaneously across both screens. Instead of Hatsworth's weird mashup of platformer and falling-block puzzle,...

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Finding a new dimension for gaming at the 3D Gaming Summit

A small crowd of movie and game producers met this week at Universal City in Los Angeles for the first-ever 3D Gaming Summit, to sit down and discuss the trend of 3D imaging in gaming and film. Much of the talk at the summit was speculative -- with almost no actual consumer devices on the market...

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Majesco says Martha Stewart games will bring 'sensibility' to the market

Nasdaq delisting candidate Majesco is betting on games based on domestically-faux corporate goddess Martha Stewart to up its cash flow. The agreement between the publisher and Martha Stewart Living Omnimedia will see the creation of "interactive electronic games" based on Stewart's vast empire of...

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Majesco reports drop in Q1 profits

This week, Majesco reported its earnings for its fiscal first quarter (which ended January 31). As you may have surmised from the recent news of its potential Nasdaq delisting, things aren't precisely where Majesco would want them to be, financially. Its net profit for the quarter was $3.8 million,...

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Cooking Mama taking on two more side jobs this year

In its latest financial results release, Majesco reported satisfying sales for its Cooking Mama franchise. It didn't provide specifics, but CEO Jesse Sutton said that Cooking Mama 3 "performed well," Gardening Mama was "very successful" and Cooking Mama in general was "the most successful third...

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