Posts Tagged ‘money’
Crysis 2 on consoles had to be done
Crysis was known for its great graphics capable of melting pretty much any rig you threw at it but Crytek failing to release the game on consoles evidentally wasn’t a very smart move as they were missing out on a huge chunk of change.
Well, it looks like the company has woken up as Crytek president and CEO Cevat Yerli was quoted to say the following:
“It’s a question of more than economics. At the end of the day we’re paying salaries and we all have to live, but that’s one side of this job. But most importantly and a bit more tangible to us are the families, the nephews, and sons who ask, ‘Why aren’t you going to consoles?’”
So not only did they need to do it for the money, but they were doing it to make those poor Crysis deprived children happy. You get em’ Crytek!
Read (Kotaku)
Eidos Loses Tons of Money
SCi Entertainment, the parent company of game publisher Eidos, has announced that it lost $177 million during its fiscal year. That is in comparison to a loss of $24 million during its 2007 fiscal year. The company’s revenues declined to $212 million, down from $230 million in 2007.
The company, despite lower numbers, had an increase in its gross profit, rising to $100 million versus $97 million of the past year.
Company CEO Phil Rogers disclosed that the company cancelled various projects and fired staff to emerge as a “stronger business and over the next year see the results of our restructured and revitalized operation.”
Eidos’ upcoming games include Tomb Raider: Underworld, Batman: Arkham Asylum and Just Cause 2.
Activision: Millions of Dollars from DLC, New Guitar Hero and Call of Duty Next Year
Speaking at the publisher’s conference call, Activision CEO Mike Griffith commented that the company expects to pull in $40-50 million dollars this year from the sale of download content on PlayStation Store, Xbox Live and the Wii Shop Channel.
Most of that money will be from selling Guitar Hero songs and Call of Duty maps. Not many tracks are available for Guitar Hero 3, but the upcoming entry is bound to fix that. Recently released downloadable content for Call of Duty 4 sold like hot cakes on Xbox Live and other download services.
The company additionally announced that it is planning to release future iterations in the aforementioned franchises during 2009. Company CEO Griffith said that the 2009 lineup will include “multiple new Guitar Hero SKUs [and] an all new Call of Duty [due to our] leapfrog studio strategy.”
New Guitar Hero and Call of Duty titles are already due out later this year.