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Posts tagged financials

B2P boosts The Secret World sales by 30%, Funcom still restructuring

The Secret World is doing pretty well since its buy-to-play conversion, according to a new Funcom press release targeted at investors. Since its December relaunch, the game has moved over 70,000 units which represents a 30 per cent increase in total sales. Funcom also says that "player ...

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Chinese game industry saw $9.7 billion in revenue last year

Video games are a pretty big deal in China. How big? According to TechWeb the Chinese gaming industry brought in a whopping $9.7 billion last year, which marks a 35.1 per cent year-on-year growth rate from 2011. Online gaming accounted for 90% of total revenue, with mobile gaming and hardware ...

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Blizzard's successful third quarter powered by Diablo III, new expansion mentioned

Acti-Blizz announced its financials for Q3 2012 and the company is sitting pretty. The $841 million in net revenue surpasses projections and its Q3 2011 counterpart. Activision also reported that it is debt-free and boasts $3.4 billion in cash and investments on hand as of September 30th. ...

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FTC to investigate Nexon's alleged hostile takeover of Gamania

Nexon's recent acquisition of Taiwanese publisher Gamania will be scrutinized by the Fair Trade Commission (FTC), according to a report in the Taipei Times. A hostile takeover is alleged, and FTC chairman Wu Shiow-ming said the commission will "ask Nexon to comment on its definition of Gamania's ...

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Nexon grows in Korea and China, 'underwhelms' in America

Free-to-play is generating big bucks for Nexon. Who knew, right? The Korean gaming giant's profitability is profiled in a brief blurb at Gamasutra that focuses on Q1 2012 results. Nexon exceeded its first-quarter performance projections on the strength of F2P growth in the Korean and Chinese ...

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Funcom stock price could 'double or triple' depending on success of The Secret World

Funcom has a lot riding on The Secret World, and a new piece at MCV outlines stock prospects for the company as the horror-conspiracy MMORPG's June 19th launch date draws nearer. Funcom stock has risen dramatically on the Norwegian Stock Exchange since last summer, and analysts expect further ...

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F2P giant Perfect World experiencing financial downturn

It's rare to hear news of under-performing free-to-play titles these days, but Gamasutra is running a piece on the recent stumble of industry titan Perfect World Entertainment. The Chinese online game maker recently saw its third quarter profits fall 28.8 percent to $31.9 million and also ...

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Activision: Farmers Could Kill WoW?

No, not those kind of farmers, but rather the 82 million+ users currently growing the garden of their virtual dreams on Facebook's wildly popular Farmville sim. Activision-Blizzard's annual 10k report, filed on March 1 and analyzed by Robert Purchese over at ...

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Nexon America's financials continue to impress in Q3

We reported back in August that Nexon America had begun the third Quarter of 2009 with a very solid July; their revenue for the month grew 35% over the numbers for July 2008. Now that Q3 is over, they are happily touting some additional (and still impressive) figures. August 2009 beat out last ...

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Funcom's Q1 2009 report shows solid revenue

Funcom has released a report detailing their financials for the first quarter of 2009. They brought in over US$7 million in revenue for the period, and although this figure is slightly less than the previous quarter (but without the disastrous US$23 million depreciation loss), they are pleased with ...

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