not to be disrespectful here but i am glad that they are not putting away Hitman or Lara Croft and then forgeeting them because those are GREAT games right there and i would love for them to continue with the Hitman sequals and Tomb Raider sequels because i love them games sooo much..... nice job guys.....
SCi reveals lower revs, new Hitman, Tomb Raider
Eidos parent SCi touts sequels during downbeat earnings report, says PS3 price cut needed.
With Tomb Raider enjoying a high-profile rebirth just last year and Hitman receiving a feature-film adaptation in November, it would seem foolish to pack those franchises away in the mothballs now. Little surprise, then, that Eidos parent company SCi Entertainment confirmed in its fiscal year-end results today that it has sequels in the works for both brands, as well as for other recent hits.
"We are looking forward with much anticipation to the sequels to Just Cause and Battlestations: Midway, which are already in development, and new versions of world-leading franchises Tomb Raider and Hitman," chief executive Jane Cavanagh said in SCi's year-end report.
That was the good news from the company's fiscal-year recap. The bad news was that the company posted lower revenues than it had the year before, and £30 million ($60.8 million) in losses before tax. For the prior year, SCi managed to turn a profit of £8.1 million ($16.4 million).
Steep price cuts on PlayStation 2 games were cited as part of the reason for the declining revenues, as the publisher had to allocate £14.5 million ($29.4 million) for price protection charges to offset those drops. That wasn't the only Sony-related headache for the publisher, as it also expressed concern over the near-term prospects of the PlayStation 3.
"The Board continues to believe in the long-term commercial success of PlayStation 3 but believes this may take more time than originally forecast by Sony," SCi chairman Tim Ryan said in the report. "The Board is of the opinion that the key driver to the acceleration of the installed base of PlayStation 3 will be a further hardware price cut."
As for the recent rumblings that SCi could be acquired, the company's only update was an acknowledgment that it has entered ongoing discussions with a number of possible acquiring companies.
Content you might like…
-
Tomb Raider: All Access Comic-Con 2012

Take a look at our exclusive All Access look at the new Tomb Raider.
- Jul 17, 2012
Users who looked at this article also looked at these content items.
Hot Stories
Newsmakers
-
Biden: No legal problem with taxing violent games
United States Vice President Joe Biden believes there is no legal restriction on ability to tax violent media. Full Story
- Posted May 13, 2013 12:50 pm PT
-
Just Cause dev promises 'holy f**king sh**' moments in future games
Avalanche Studios co-founder says developer's ambition is for action, not moments that make players cry; steampunk-style game on hold. Full Story
- Posted May 15, 2013 6:33 am PT
Featured Stories
-
Bungie shoots down Destiny for PS Vita rumor
Developer confirms image suggesting version of upcoming shared-world shooter in development for Sony's latest portable is a fake. Full Story
- Posted May 16, 2013 5:08 am PT
-
Ubisoft planning to release games more frequently
Assassin's Creed and Far Cry publisher says its network of 26 studios and over 7,000 developers will allow company to ship major franchises more regularly. Full Story
- Posted May 16, 2013 4:42 am PT
-
Metro: Last Light dev responds to workplace conditions claims
4A Games creative director Andrew Prokhorov thanks Jason Rubin for telling the studio's story, but says, "We deserve the ratings we get." Full Story
- Posted May 16, 2013 12:44 pm PT
-
EA opens DICE LA to make Star Wars games
DICE head would also like to poach top talent from rivals Infinity Ward and Treyarch. Full Story
- Posted May 15, 2013 3:28 am PT
-
EA dropping Online Passes - Report
Future EA games won't require Online Passes; the service is being scrapped after tepid player response. Full Story
- Posted May 15, 2013 8:28 pm PT
Related Game
Hitman: Absolution
- Publisher(s): Square Enix
- Developer(s): Io Interactive
- Genre: Action
- Release:
- ESRB: M





