Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
Chicago, IL 11/17

Regularly scheduled events

Sega Sammy's Quarterly Losses

Sega Sammy's quarterly financials show losses the Japanese entertainment conglomerate blames on "generally weak" video game demand in the U.S. and Europe, reports Gamasutra. Word is: "Net revenues in the consumer business segment of the company (which includes home video games as well as toy sales) were down 22.3 percent year-over-year for the quarter, to 16.2 billion yen ($207.2 million), contributing to an operating loss of 3.9 billion yen ($49.9 million) for the segment, a loss increase of over 500 percent from last year." Looking forward, the company states it needs to adapt to conditions where "demand for new content geared to social networking service and smartphone is expanding."

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
Inmates Announced
Bethesda Reveals VR Release Dates
Rainbow Six Siege Free Weekend
The Guild 3 Early Access Next Month
.hack//G.U. Last Recode in November
Morning Crowdfunding Roundup
Morning Interviews
Morning Mobilization
Morning Metaverse
Morning Safety Dance
Morning Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Shadow Warrior (2013) Free; New Shadow Warrior 2 DLC
Quake Champions Early Access
BRINK Goes Free-to-Play
The Escapists 2 Breaks Out
GWENT: Thronebreaker Announced
  

 




Blue's News is a participant in Amazon Associates programs
and earns advertising fees by linking to Amazon.



footer

Blue's News logo