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21.

Re: 2011 Games Industry to Top $74B

Jul 6, 2011, 14:12

Parallax Abstraction

Fion wrote on Jul 6, 2011, 12:36:
Creston wrote on Jul 6, 2011, 11:51:

Also, $74B in revenue, and yet none of them make a profit.

Creston

It's the same kind of wackjob accounting that let Newline claim they lost money on the Lord of the Rings trilogy.

I'd like to believe it's just funny accounting and those most of these publishers are actually doing fine but look at the stock prices for EA, THQ, Ubisoft and others in recent years. Down, down, down. Funny accounting means that they made money and just make it look like they didn't, which investors know. When stock prices and market valuations are dropping, that usually means they're actually not making any real money. The board of directors and the CEO get most of their wealth from the shares they own and in recent years, all those shares have been worth less.




Parallax Abstraction Geek Bravado \| Retro Flashback \| All Together Now

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