60°

Midway Announces Increased Revenues, Losses

Major publisher Midway Games has announced that, for the three-month period ending September 30, 2007, its sales totaled $36.7 million, up from $27.4 million last year. At the same time, however, the company reported losses of $33.5 million, increased from $22.5 million in 2006.

As for highlights, the company said that Xbox 360 and PC title Stranglehold has exceeded 1 million units shipped worldwide across all platforms, and the company anticipates shipping Stranglehold for the PS3 in Europe in the latter part of November.

Midway also highlighted its recent demo of Unreal Tournament 3 in conjunction with developer Epic Games, since a demo of Unreal Tournament 3 for the PC was recently released, and has remained one of the top 2 most downloaded games on FilePlanet.com since it was released on October 12th. However, the PS3 version of the title is still due in 2008, as confirmed earlier last month.
Alternative Sources:
Midway Records Higher Losses - next-gen.biz | By: TnS
Midway reports $33.5 millio... - gamesindustry.biz | By: TnS
Midway lowers outlook after... - gamespot.com | By: TnS
Midway Posts Another Quarte... - xbox360.ign.com | By: TnS
Midway’s Q3 2007 revenue, l... - thatvideogameblog.com | By: wohoo
TnS - supercontributor
Published: 751 days 7 hours ago | News | PlayStation 3 | Xbox 360 | PC | Industry News
 
 
 
40°

Multi
The Lowdown on Left 4 Dead 2
Multi | Article
YourEMGN writes: "Is it a squeal or a late expansion pack rip-off by Valve? We find out. Left 4 Dead 2, just like the first game continue...

PC
Gears Of War And Starship Troopers Appear In Ba...
PC | Screenshots
Blend Games writes: "BattleSwarm: Field of Honor takes a truly original concept of combining MMO cash-shop models, leveling, item acquire...
30°

PC
Torchlight $5 Off on D2D
PC | News
Direct2Drive has released a coupon code for Runic Games' excellent action RPG Torchlight, knocking 25% off through Sunday.

PC
Aion Update Released
PC | News
NCsoft has released pach 1.5.1 for its MMORPG Aion, now available for download.
About N4G
N4G is a social game news site that covers the game industry 24 hours a day, 7 days a week.
More Info... | Submit News