Posts tagged sec 
EA planning upcoming layoffs, 'completed by September 30, 2012'
EA today confirmed plans to enact a "restructuring" among its employees, resulting in an unnamed number of layoffs companywide. The restructuring is part of EA CEO John Riccitiello's move toward digital – an initiative that aims to alter the composition of EA's staff from one in eight ...
THQ CEO Farrell takes 50% pay cut, board of directors also takes cuts
THQ is definitely experiencing some troubles related to its uDraw flop and subsequent layoffs, as evidenced by a new document filed with the Securities and Exchange Commission. President and CEO Brian Farrell will take a pay cut for the year starting February 15, which reduces his salary from ...
THQ confirms layoffs of 240 employees [updated]
THQ has confirmed planned layoffs of "up to 240 selling, general and administrative personnel worldwide," with plans to finalize the proceedings by September 30, 2012. The company promises that the "majority" of said layoffs will occur before March 31, 2012 and many of the employees affected have ...
Zynga's profit drops 95 percent in year-over-year Q2
Zynga's profit fell from $27.2 million in Q2 2010 to $1.3 million in Q2 2011, a 95 percent decrease, an IPO filing with the SEC revealed Wednesday. Zynga's profit measures how much money the company is truly retaining, while revenue measures how much it is making, before expenses. To that end, ...
Fallout Online's future in doubt as Interplay crumbles
Fallout Online and several other Interplay-developed titles may be in serious jeopardy, according to a US Securities and Exchange Commission report filed by Interplay last week. Develop discovered the filing, which spells out dire financial concerns for the immediate future of the company. ...
SouthPeak settles in SEC violation dispute
Two Worlds publisher SouthPeak Interactive ended up in some hot water with the U.S. Securities and Exchange Commission last November, when the government agency announced it would bring a civil injunction against the publisher's chairman, Terry Phillips. The reason for the SEC suit was ...
Nintendo accounts for nearly 25% of GameStop's new product purchased in fiscal 2009
Of the many, many games that GameStop sold in 2009 (not to mention the millions of dollars it made), we were left wondering where the lion's share of the game retail juggernaut's capital went in terms of product that the company was actually buying for its stores. And in a recent SEC filing for the ...
Activision CFO Thomas Tippl now COO
Acitvision chief financial officer Thomas Tippl was recently promoted to the position of chief operating officer at the publisher, and will serve double duty as temporary acting CFO while a replacement is found. A filing with the Securities and Exchange Commission from last week detailed the ...
Activision report lists World of Warcraft as a 'risk factor'
If there's anything that all the chaos between Activision and Infinity Ward in the past 24 hours has taught us, it's that no one is safe and dry under Bobby Kotick's umbrella. And while Call of Duty: Modern Warfare was one of Activision's biggest earners, that hasn't stopped the company from ...
GameFly going public, files $50 million IPO
GameFly, game rental service and media entity, has filed a $50 million initial public offering with the Securities and Exchange Commission and has applied to appear as "GFLY" on the NASDAQ ticker. The IPO registration form lays out many details that were previously unknown about the privately held ...
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Report: Battlefield 3 'Premium' service costs $50 one time, includes 'all five themed expansion packs'
Posted on May 30th 2012 12:10PM