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: 612 days 5 hours ago | News | PlayStation 3 | Xbox 360 | PC | Industry News
 
 
 

Multi
Call of Juarez : Bound in Blood Review
Multi | Review
Bring on the pasta mom because a new spaghetti western is in town, and it's called Call of Juarez: Bound in Blood. This iteration may be a prequel ...

PlayStation 3
EndSights: The Punisher: No Mercy Review
PlayStation 3 | Review
EndSights: "The Punisher: No Mercy poses an interesting proposition. The game is only $10, is a first person shooter based on the Unreal ...
30°

PlayStation 3
SOCOM 4, Syphon Filter 5 Listed as in Development
PlayStation 3 | Rumors
PlayStation LifeStyle writes: Two franchises from Sony Computer Entertainment, SOCOM and Syphon Filter, will be getting sequels on the PS3, accordi...

Gaming
Interview with Producer of Section 8
Gaming | Interview
Check out the interview with the lead producer of Section 8. Find out why Section 8 is only on the PC and 360. Will there be a PS3 version? What ki...
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