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You are here: Home / EA reports loss, record full-year revenues

EA reports loss, record full-year revenues

The growth of the gaming industry as a whole means publishers are posting bigger numbers than ever, and a wave of consolidation is only going to further inflate those totals. Electronic Arts is a prime example, having been the largest third-party publisher in the world even before last year’s high-profile acquisition of developers BioWare and Pandemic, or the ongoing attempt at a Take-Two takeover. EA today announced its full-year results for the 12 months ended March 31, and the company again laid claim to a number of titles, including the number one publisher across all platforms in both North America (where it claimed a 19 percent market share) and Europe (20 percent). EA also touted its position as the biggest third-party publisher of Wii games in Europe, making up 15 percent of the market there as opposed to just 7 percent in the previous year. Counting sales from all regions, EA said it had 27 titles reach the million-sold milestone during the year, with 15 of those going on to break the 2 million barrier. In the previous year, EA had 24 million-sellers, with 10 titles going double platinum. For the full year, EA posted net revenues of $3.67 billion,… Read full this story

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EA reports loss, record full-year revenues have 260 words, post on www.gamespot.com at May 13, 2008. This is cached page on Drudgereport. If you want remove this page, please contact us.

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