50°

Midway Q4 Losses Rise Nearly $28 Million

Publisher and developer Midway has released the results of its holiday quarter and full year, showing Q4 sales falling to $77.6 million, and losses rising considerably from $2 million in 2006 to $29.7 million, with execs saying the company has "overcome many of [its] technology hurdles" for a "smoother" 2008.

The company did trumpet the achievement of its Epic co-release of Unreal Tournament 3 for PC and PlayStation 3, which it notes has shipped over a million copies worldwide, and took home a number of awards, as did its The Lord of the Rings Online: Shadows of Angmar.
Alternative Sources:
Midway Posts Loss for 2007,... - gamedaily.com | By: TnS
Midway Full-Year Losses Nea... - next-gen.biz | By: TnS
Midway reports $97.4 millio... - gamesindustry.biz | By: Cyrus365
TnS - supercontributor
Published: 486 days 21 hours ago | News | PlayStation 3 | PC | Industry News
 
 
 

Industry News
Netflix streaming on PS3 teased by survey ... a...
Industry News | News
Destructoid writes: Another Netflix survey teasing the possibility of PlayStation 3 streaming is making the rounds. This latest questionnaire indic...

Multi
Guitar Hero: Greatest Hits - AllAboutTheGames R...
Multi | Review
Richard Horne at ATTG writes: "How much Guitar Hero: Greatest Hits will appeal to you depends on quite a few things. Whether you've bough...

E3 2009
Editorial: The PS3 Slim is Inevitable
E3 2009 | Article
TheGameReviews writes: "There's been hype and hoopla surrounding the PS3 slim rumors, with debates going back and forth on the subject ad naus...
10°

PlayStation 3
PS3 Slim Will Be $299.99
PlayStation 3 | Rumors
New PS3 bundles are starting to hit the shelves, like the Wall-e/Little Big Planet bundle that recently started selling at Best Buy, and now a Kill...
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