Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
October 24, 2014
arrowPress Releases
October 24, 2014
PR Newswire
View All





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


Chinese  WoW  Operator NetEase Posts Q3 Revenue, Profits Rise
Chinese WoW Operator NetEase Posts Q3 Revenue, Profits Rise
November 17, 2011 | By Mike Rose




Chinese World of Warcraft operator NetEase has posted financial results for the third quarter of the current fiscal year, noting a rise in revenue year-over-year for its online game services.

The company reported a rise in both revenue and profits for the quarter, despite the fact that subscriptions for Activision Blizzard's popular MMO World of Warcraft continue to drop.

For the quarter ended September 30, 2011, NetEase posted revenues of 1.8 billion Chinese yuan ($276.5 million) for its online game services sector, up 39.8 percent year-over-year.

Overall, the company posted revenues of 2.0 billion Chinese yuan ($308.30 million), up 39.8 percent year-over-year, and profits of 814 million Chinese yuan ($128.2 million), up 41.3 percent.

In the previous fiscal year, the company saw its annual sales and profits driven by World of Warcraft, which the Beijing-based company licenses from Blizzard Entertainment.

Following the success of the WoW partnership, the company is currently eyeing up Blizzard Activision's Call of Duty license.


Related Jobs

Activision Publishing
Activision Publishing — Santa Monica, California, United States
[10.24.14]

Tools Programmer-Central Team
Crystal Dynamics
Crystal Dynamics — Redwood City, California, United States
[10.23.14]

Senior/Lead VFX Artist
Magic Leap, Inc.
Magic Leap, Inc. — Wellington, New Zealand
[10.23.14]

Level Designer
Magic Leap, Inc.
Magic Leap, Inc. — Wellington, New Zealand
[10.23.14]

Lead Game Designer










Comments



none
 
Comment: