How RI plunged into the video game business
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In the video game business, there are few subjects that draw as much debate as the sale of used games. Publishers and game developers are adamantly against this practice because it takes any profits away from the creators and puts them into the coffers of retailers. has become a leader in the very lucrative used ...
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By News staff Providence Journal files / Bob Thayer Curt Schilling, right, passes then-Gov. Donald L. Carcieri on Schilling's way to the podium in July 2010 after the Rhode Island Economic Development Corporation approved a $75-million loan guarantee for Schilling's video-game business, 38 Studios. WEST WARWICK, R.I. -- Former Gov. Donald L. Carcieri on Friday declined a chance to talk about the ...
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Number of the day $40 million That's how much it will cost Electronic Arts to cut jobs and terminate licenses as it grapples with shrinking sales in its packaged video-game business. Shares of the Redwood City publisher...
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Sony today posted record losses for the last fiscal year, due in part to its declining video game business, although the company estimates that it will swing to profits during the current fiscal year. The company put its losses primarily down to the impact of foreign exchange rates and the disruption caused by the Great East Japan Earthquake and the floods in Thailand -- however, it also noted ...
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Analysts have said that Sony's forecast for a swing to profits in the current fiscal year is "optimistic", as the company's shares today fell by 7 percent to a 32 year low following record fiscal 2011 losses. Sony this week posted record losses for the last fiscal year, due in part to its declining video game business, although it estimates that it will swing to profits during the current fiscal ...
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Analysts have said that Sony's forecast for a swing to profits in the current fiscal year is "optimistic", as the company's shares today fell by 7 percent to a 32 year low following record fiscal 2011 losses. Sony this week posted record losses for the last fiscal year, due in part to its declining video game business, although it estimates that it will swing to profits during the current fiscal ...
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