Sections

Sega returns to profit on cuts and streamlining

But revenue across Sega's games business was flat or in decline as new products failed to excite

By Matthew Handrahan

Ubisoft reports full year earnings

"The performances delivered by The Division and Far Cry Primal exceeded our expectations"

By Rachel Weber

Square Enix doubles annual profits

Publisher books nearly 20bn Yen ($184m) across business

By Dan Pearson

Bandai Namco profits slip, Dark Souls III soars

From Software's has shipped 3 million, but it launched a few days from the close of the fiscal year

By Matthew Handrahan

Disney Infinity is dead as Disney exits game publishing

Avalanche is being shuttered and 300 jobs are now lost as a result

By James Brightman

Star Wars Battlefront ships 14m copies, EA enjoys "phenomenal" FY2016

“We grew non-GAAP net revenue, profitability and cash flow to record highs,” said CFO Blake Jorgensen

By James Brightman

Metal Gear and mobile games give Konami a boost

Digital Entertainment division doubled its operating profit in the last fiscal year, but Konami sees decline in its future

By Matthew Handrahan

Capcom forecasts digital shift after solid fiscal year results

Packaged games will receive "limited sales runs" as the company pursues growth in digital games and Asian markets

By Matthew Handrahan

Glu confirms 100 jobs cut in five months following Q1 loss

"We cut nothing that was actually going to deliver in our mind certain revenue later this year"

By Matthew Handrahan

Vivendi increases its stake in Ubisoft to almost 18%

The company denies that it's trying to take over the Assassin's Creed publisher, however

By James Brightman

Sony shipped 17.7 million PS4s in the last fiscal year

Operating profit for games up 84 per cent, while Network revenue doubled year-on-year

By Matthew Handrahan

Nintendo's tumbling profits underline need for new hardware

Fiscal year net income down 60 per cent; Wii U sold 3.26 million units in 12 months, could halt production by March 2018

By Matthew Handrahan

Apple sees iPhone sales fall

Sold 51.2 million in latest quarter

By Rachel Weber

Paradox will offer 15 per cent of its stock in IPO next month

IPO will be done in the "Paradox way," focusing on, "employees, fans and the general public in Sweden"

By Matthew Handrahan

Helsinki's Armada Interactive secures $3m seed funding

"“This initial investment allows us to produce and launch a truly astonishing first title"

By Rachel Weber

Xbox Live sees growth but hardware dips in Microsoft's Q3

Xbox Live monthly active user base stands at 46 million

By James Brightman

Nazara invests in Mastermind Sports

Indian firm buys 26% of London second screen specialist

By Dan Pearson

Microsoft reveals equal pay progress

"For every $1 earned by men, our female employees in the U.S. earn 99.8 cents"

By Rachel Weber

Animoca Brands raises $6.5 million from share placement

Hong Kong based mobile company closes second share placement in less than six months

By Matthew Handrahan

Gambitious looking for 50 new investors

"Gambitious is committed to respecting the investors"

By Rachel Weber

Nazara Games takes minority stake in TrulySocial

London-based developer will work with Nazara to take its new game to the female audience in India

By Matthew Handrahan

"The scale required, even for indie success, has changed"

Execution Labs' Keith Katz on why the Montreal incubator has evolved

By Dan Pearson

Maximum Games acquires Avanquest Software Publishing

"The most effective way to broaden the reach of our video games"

By Rachel Weber

Slice: Mobile gamers spend average of $87 on in-app purchases

Game Of War players spend, on average, $550 to achieve victory

By Rachel Weber

Subscribe to the GamesIndustry.biz Newsletters