Infogrames losses down

Atari parent reports losses are down over the same period last year, but so are group revenues, profits, and sales.

by

The latest numbers are in from Infogrames, which is today reporting its unaudited figures for the first half of its current fiscal year, April to September 2007.

First, the good news: Operating loss was reduced by €7.6 million ($11 million) from the same period last year to €29.3 million ($43.3 million).

Next, the bad news: Group revenues were €91.2 million ($135 million) during the first half, a decline of 13.6 percent from last year's €105.5 million ($156 million).

Sales in the US were particularly affected, and revenue in the country fell 62 percent over last year, although the US accounts for only 16 percent of the group's total.

Gross profit for the first fiscal half was €27.6 million ($40.8 million), down 30.3 percent from last year's €44.2 million ($65.4 million). Infogrames pointed out that no major releases from the company had come out during the first six months of its financial year, and that the games due in the second half are expected to change those figures next time around.

These games include Alone in the Dark, Jenga World Tour, NeoGeo Battle Coliseum, and Dragon Ball Z: Budokai Tenkaichi 3.

Discussion

33 comments
dragone66
dragone66

o come on wii cant u think of a game thats acully worth playing. do u think a jenga game will bring fame to wii and fun to the ppl while the REAL jenga is only like $7 now..y not some shooting metriod or slashing link but just plain little minigames.u think any1 will buy it?

Ilikewii
Ilikewii

please dont read this..nooo! sorry but In 1997 a girl called lauren was walking in a forest and then a she just dissapeared no one ever found her untill 2000 when a yoing girl called Mary found her body and markings on her chest saying: I wasnt pretty enough" and now you have read this she will appear in your mirrorrsaying your not pretty enough and kill you. by the way the girl called mary

Chief_Kuuni
Chief_Kuuni

well hopefully the games are good and popular so people will buy them and the company will make money

gaara661
gaara661

i heard that dbzbt 4 is comin 2 the wii ps2 ps3 and x360

Xeiphyer
Xeiphyer

Nobody is buying stuff anywhere near christmas until the shopping for presents starts

jannlee111
jannlee111

screw ps3 go to 360! liger is also correct and has my support

bernieberry
bernieberry

That's what happens in any business. You have ups and downs.

Buffalo_Soulja
Buffalo_Soulja

Too early to be counting chickens. Wait until the holiday season is over before you hang yourselves Infogrames.

3D3
3D3

Me too, they need to make a DBZ game for the PS3!!!

clawboy
clawboy

I"m with you Liger89.

MasterChief725
MasterChief725

hmm, its funny that atari is the one going down the drain, and infrogames is holding there own, yet the only games I recognize on the list, are atari games!

Liger89
Liger89

I love DBZ forget anyone who doesnt

xuimod
xuimod

Thank you Gamespot, Jeff Gerstmann needed to be fired. Simple as that. Jeff's unprofessionalism was a cancer that ate away at Gamespot's image. Good riddance. Hopefully Gamespot will improve now that the cancer (known as Jeff Gerstmann) is gone.

vr2L_grafx
vr2L_grafx

We've heard an unsettling rumor today from an anonymous tipster that longtime game reviewer Jeff Gerstmann from Gamespot has been let go. That wouldn't necessarily be newsworthy, but the conditions under which he was allegedly dismissed were. According to the source, Gerstmann was fired "on the spot" due to advertiser pressure for his review of Eidos' Kane & Lynch: Dead Men. A visit to Gamespot shows that the Xbox 360 and PlayStation 3 game has taken over the site very prominently, with backgrounds and multiple banner ads all pitching Kane & Lynch. Allegedly, publisher Eidos "took issue with the review and threatened to pull its ad campaign." Jeff's review was certainly less than glowing. He assigned the game a 6.0, otherwise known as "Fair" on the Gamespot scale. The game is currently enjoying a Metacritic score in the 65 to 69 range, which the site describes as "mixed or average reviews." According to our tipster, it wasn't necessarily the score that was reason for Gerstmann's rumored axing, but the "tone" of the review. Gerstmann has been no stranger to controversial reviews, as his scores of 10 for Tony Hawk's Pro Skater 3 and 8.8 for The Legend of Zelda: Twilight Princess had sensitive internet users up in arms. It's now possible that many bitter fanboys may have had their wishes for his firing granted. As our tipster points out, if the rumor is true, it could point to a distressing precedent at Gamespot and parent company CNet. "As writers of what is supposed to be objective content, this is our worst nightmare coming to life," wrote the tipster. Our efforts to confirm the story with Gamespot haven't proved successful. Our current requests with PR, Gerstmann and other CNet contacts have either gone unanswered or yielded a "no comment." http://kotaku.com/gaming/rumor/gamespot-editor-fired-over-kane--lync

xuimod
xuimod

Jeff Gerstmann needed to go. Ever since Jeff G. took over as the EIC of Gamespot, Gamespot has gone to crap. Jeff Gerstmann was unprofessional and aweful. Good riddance. Hopefully Gamespot will improve now that the cancer (known as Jeff Gerstmann) is gone.

Makaatsu
Makaatsu

i remember a day when gamespot cared about games and freedom of speech was encouraged, its a shame to see it now only write reviews on how much money its recived, rip gamespot, im sure the execs and power mad mods will find suitable jobs at mcdonalds love to Joystiq for sticking to this story and wanting to do whats right for the only people who matter and thats the readers.

MangyForestCat
MangyForestCat

JEFF GERSTMANN HAS BEEN FIRED FROM GAMESPOT BY PARENT COMPANY CNET FOR CONFLICT WITH ADVERTISER OVER REVIEW! If you had any integrity and scruples left GameSpot UK and AU would be all over this. Why are you people not reporting it?!?! You reported last year when freaking Anshe Chung got attacked by flying penises on Second Life but you can't report on JEFF!! VIVA LA JEFF! REMEMBER REMEMBER THE 29TH OF NOVEMBER! THE JEFF GERSTMANN TREASON AND PLOT! I SEE NO REASON WHY THE JEFF GERSTMAN TREASON SHOULD EVER BE FORGOT! ALL OUR REVIEWS ARE NOT BELONG TO YOU! EIDOS!

Lazyimperial
Lazyimperial

They really let Jeff go? He and Greg were my favorite reviewers. Aw, this just makes me sad. What a bunch of bull. No one can bring to this site what Jeff could. He was amusing, cynical, and funny as heck. I'm all around disappointed today with Gamespot. At least they still have Alex Navarro, but who knows how long that will last if this Kane and Lynch stuff is anything to go off of.

knightboat
knightboat

Wow... kudos to Jeff. Hardcore kudos.

SnuffDaddyNZ
SnuffDaddyNZ

Change the headline to: CNET losses up. Change all occurences of Infogrames in the article Gamespot. Change all occurences of reduced to increased. Then delete the last two paragraphs. Now you have a fairly accurate description on how Gamespot/CNET will fare over the coming 12 months.

V-r0cK
V-r0cK

Give the DBZ franchise to Capcom to do a fighting game =D

walkair
walkair

Wait,this company still exists?

mad_tyger
mad_tyger

"These games include Alone in the Dark, Jenga World Tour, NeoGeo Battle Coliseum, and Dragon Ball Z: Budokai Tenkaichi 3. " No wonder why they are losing money. Who would buy some of those games?

LinconSixEcho
LinconSixEcho

I agree Mangy, but without all the caps. There is an odd coincidence with the review and Jeff's departure. In the past I disagreed with some of his reviews but that's their job and they can't be liked by all. However, it seems that good reviews can be influenced by advertising budgets. The Kayne and Lynch game got bad reviews all round for the most part. In fact, I think Jeff was generous with the 6.0

MangyForestCat
MangyForestCat

JEFF GERSTMANN HAS BEEN FIRED FROM GAMESPOT BY PARENT COMPANY CNET FOR CONFLICT WITH ADVERTISER OVER REVIEW! If you had any intergrity and scruples left GameSpot UK and AU would be all over this. Why are you people not reporting it?!?! You reported last year when freaking Anshe Chung got attacked by flying penises on Second Life but you can't report on JEFF!! VIVA LA JEFF! REMEMBER REMEMBER THE 29TH OF NOVEMBER! THE JEFF GERSTMANN TREASON AND PLOT! I SEE NO REASON WHY THE JEFF GERSTMAN TREASON SHOULD EVER BE FORGOT! ALL OUR REVIEWS ARE NOT BELONG TO YOU! EIDOS!

gun_blade25
gun_blade25

"These titles include Alone in the Dark, Jenga World Tour, NeoGeo Battle Coliseum, and Dragon Ball Z: Budokai Tenkaichi 3." With a game lineup like this how could they possibly be loosing money? I'm already getting my tent ready to camp outside my local EBgames in anticipation. I'll be one of the first people in the world to take a block from the middle and put it on top on my DS!!!

magicquebec
magicquebec

Yeah, Jenga World Tour is sure going to help the company.............

DonutTrooper
DonutTrooper

As much as I dislike being unsupportive to a company, I still don't like what they've done with Atari. They bought it out on its last breath but now it isn't even Atari anymore, it's just a name and a mask worn to make it seem like Atari. I'd rather have seen Atari take their bullet and die than painfully writhe like a vegetable.