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Fixing a broken game takes time and money.

CD Projekt Red revealed that its Q1 2021 net profits fell well below expectations. The studio says that net profits fell 65% to just $32.5M (PLN; $8.84M USD) due to costs associated with fixing Cyberpunk 2077. This was shared as part of CD Projekt Red's Q1 2021 earning's presentation.

Despite this reduction in net profits, the company says that they saw "record-breaking positive cash flow." The company's balance of cash,...

Big sales for Rockstar and lots of games in general are coming over the next three years from Take-Two.

Financial results are always a fun time for finding out things that we previously did not know. For instance, Take-Two Interactive shared their financial results for the fiscal year 2021 today, which ended on March 31, 2021. What did we learn?

Well, we found out that Grand Theft Auto V has now shipped 145 million copies to retailers. This is up from the pitiful 140 million...

According to the latest financial report (fiscal year 2016) for EA, Star Wars Battlefront sold more than 14 million units. On top of that, 15% of all Star Wars Battlefront players were completely new to the "EA ecosystem."

Other highlights from the report is the fact that in the fourth quarter alone, there were 9.4 million unique players across all Battlefield games. EA also notes that they were the "#1 publisher on PlayStation 4 and Xbox One" in Western markets. They also...

According to the latest financial report (fiscal year 2016) for EA, Star Wars Battlefront sold more than 14 million units. On top of that, 15%...

EA's latest financial reports, released yesterday, say the company plans to release the new Mirror's Edge early in 2016. Along with this, a new console and PC release of a new Plants vs. Zombies game is also expected in the same release window.

Prior to this, EA will release the 2016 versions of their popular sports titles including FIFA 16, Madden NFL 16, NHL 16, and Rory McIlroy PGA Tour. The quarter after that will include new releases of NBA Live 16, a new Need for ...

EA's latest financial reports, released yesterday, say the company plans to release the new Mirror's Edge early in 2016. Along with this, a new...

As part of their Q2 FY2014 financial report, Sony revealed how their various departments are faring. The bad news is that Sony is still struggling in many departments, including smartphones. The good news is that the PS4 is still doing really well for them. In Q2 FY2014 alone, Sony shipped 3.3 million PlayStation 4 systems, 0.8 million PlayStation 3 systems, and 0.7 million PlayStation Vita, Vita TV, and PSP devices. The number of PS4 units shipped is actually an increase when compared to ...

As part of their Q2 FY2014 financial report, Sony revealed how their various departments are faring. The bad news is that Sony is still struggling...

The latest financial report from EA was just released showcasing how the company is doing in their second quarter of the 2015 fiscal year. I won't get into the details but they do have some interesting highlights that you may be interested in.
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The latest financial report from EA was just released showcasing how the company is doing in their second quarter of the 2015 fiscal year. I...