GameStop Returns To Reporting Record Sales
After reporting its first non-record holiday quarter
EA Cuts Loose Bottom Third Of Its Game Lineup
During a conference call regarding the company's 2nd quarter financial results, EA's John Schappert revealed that more than a dozen unannounced EA titles had been cut from production as part of its cost reduction plan.
Funcom Loses Big, Chief Financial Officer Bails
The Age of Conan has been rather rough on Funcom, whose fourth quarter financials reveal an operating loss of $23.3 million, possibly prompting the departure of chief financial officer Olav Sandnes.
Sega Loses Big At Pachinko
Sega has reported their financial results for the first quarter of the 2009 financial year, and while the video games segment of their business saw sales growth of 90.6%, the company is still reporting a $963 million loss. The problem? Those pesky Pachinko machines. With an operating income loss of $29 million and an…