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: 744 days ago | News | PlayStation 3 | Xbox 360 | PC | Industry News
 
 
 

Multi
The Bitbag: Modern Warfare 2 Review
Multi | Review
The Bitbag writes: "Modern Warfare 2. Need I say more? This game is huge, and the gaming world is captivated by the hype that has surrounded i...

Multi
PlayMagazine: Borderlands Review
Multi | Review
Play writes: "2K's marketing team has been hammering us over the head for quite some time now about Borderlands' 4-player co-op feature. As a ...

Multi
CRAVE: Call of Duty: Modern Warfare 2 Review
Multi | Review
CRAVE writes: "The biggest video game release of the year is finally here. Modern Warfare 2. And we've finally got around to reviewing this ma...

Gaming
New Content Unlocked: Fighting Game Mode!
Gaming | Article
Let's face it, some fighting games should never have been released as standalone titles, so why not capitalize on it and create a new trend: fighti...
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