Following on from Atari’s heavy losses which we covered last week, Infogrames, Atari’s parent company, has filed a net loss of €149.8 million for 2005/2006.
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Following on from Atari’s heavy losses which we covered last week, Infogrames, Atari’s parent company, has filed a net loss of €149.8 million for 2005/2006.
Read more in this Headline.
i'm not surprised to hear this. lets hope they can turn it around - but there seems to be very few publishers who can consistently generate positive earnings beyond the behemoth of EA. (which, incidentally, only earned around 100 Mill on shareholders equity of over 3,5 Bln. that may seem like a healthy profit, but you could have made more money in a savings account than investing in EA over the past year so most investors would not be happy with that performance either).
The games market is a difficult one, as the same companies can do brilliantly well one year and flop the next. It boils down to having a range of games available and having the ones the consumers want. Otherwise, you are more than likely to make a loss, considering how much a game costs to produce.
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