Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 27, 2017
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


 Mortal Kombat ,  Lego Pirates  Drive Time Warner Game Revs
Mortal Kombat, Lego Pirates Drive Time Warner Game Revs
August 3, 2011 | By Mike Rose




Time Warner has reported its financial report for the second quarter, noting a growth in video game revenues due to a number of successful releases.

The company's Filmed Entertainment division, which comprises feature films, television, home video and video game production, saw a 13 percent increase in revenue to $2.8 billion year-on-year.

This, the company said, was due to the growth of its video game revenues. Releases such as Mortal Kombat 9 and Lego Pirates of the Caribbean were cited as the driving forces behind the increase.

However, the division saw a decline in operating income, down to $154 million from $173 million in the same quarter last fiscal year. The company blamed this on pre-release print and advertising expenses, amongst other reasons.

Overall, Time Warner saw its revenues increase by 10 percent to $7 billion, compared to $6.4 billion year-on-year, while its net income increased to $637 million from $560 million last year.

The Mortal Kombat reboot caused quite a stir earlier in the year when it was banned in Australia, due to the country's stringent policy on games with violent content.


Related Jobs

Vicarious Visions / Activision
Vicarious Visions / Activision — Albany, New York, United States
[07.27.17]

Concept Artist - Destiny
Disruptive Games
Disruptive Games — Berkeley, California, United States
[07.26.17]

VFX Artist
Big Boss DM
Big Boss DM — Sydney, New South Wales, Australia
[07.26.17]

Animation Designer
Telltale Games
Telltale Games — San Rafael, California, United States
[07.26.17]

Art Director









Loading Comments

loader image