EA CEO: $138 Million in Digital Revenue Last Quarter
The digital revolution is in full swing as EA CEO John Riccitiello revealed that EA’s digital business brought in $138 million in revenue last quarter.
Walmart’s Aggressive Price Cuts May Hurt Retail Publisher Profits
Walmart has announced it is implementing aggressive price cuts for the holiday season including $10 discounts on hit games and $50 gift certificates for buyers of Wii consoles.
Ubisoft has recently stated that aggressive price cutting has led to an overall decline in profits for them.
EA CEO Optimistic on 2010 Game Industry Growth
Electronic Arts CEO John Riccitiello revealed an optimistic outlook on overall game industry growth for 2010.
While acknowledging 2009 NPD numbers are sketchy at reflecting growth compared to 2008, Riccitiello points out that NPD does not take into account the flourishing game sales from non-traditional distribution like game downloads, social networks, MMOs and microtransactions.
Retail PC Game Sales Plummet – Game Analyst
Wedbush Morgan game analyst Michael Pachter revealed startling numbers for retail PC game sales.
GamersGate Also Believes Stardock is Mistaken on Its #2 Status
Direct2Drive isn’t the only one questioning Stardock’s #2 claim in the PC digital download market. GamersGate, also citing it’s contacts with publishers, says Stardock’s Impulse isn’t even a player.