Time Warner To Buy A Chunk Of Hitman Creator
SCi Entertainment shows profit after Eidos take-over and also becomes a target for Time Warner.
The Independent newspaper is reporting that Time Warner is looking to buy a stake in Hitman creator, SCI Entertainment. The Indie’s Andrew Dewson writes that, “Talk of corporate activity at SCi Entertainment, the computer game developer, continues, with Time Warner seen as a likely source. However, rather than a full-scale takeover bid, Warner is said to negotiating to buy a strategic stake. Shares in SCi nudged 4p firmer to 506p.”
And no wonder, if SCi’s recent company report is anything to go on. Defying the games industry’s continuing wails about how hard life is SCi reported revenues of £179.1-million in its company report this week. That’s 7% above what it expected to announce. Revenues were substantially higher than in the previous financial period because of our acquisition of Eidos in May 2005 and an increase in the number of titles released. And the gross profit of £103.8 million compared to £5-million in 2005.
According to the company report:
Included in this are some interesting individual figures:
11.9 million units sold in the financial year. The following ‘distribution’ numbers for specific games were also detailed:
2.5 million units of Lego Star Wars – released 22nd April 2005 the UK.
1.4 million of Hitman: Blood Money – released 26 May 2006 in the UK.
2.9 million of Tomb Raider:Legend – released 10th November 2006 the UK.
A massive 69% of revenues for 2006 came from sales of new games. Back catalogue titles accounted for 12% of total revenues. 16% of revenues for 2006 were sales of products distributed jointly under the Eidos and third-party labels. The remaining 3% of revenues were derived from the exploitation of the Group’s game franchises in areas other than the sale of console and PC games. This includes New Media income from sale of the Group’s products on mobile phones.
The question is, does Agent 47 really want to be part-owned by the people who bring us AOL?
And no wonder, if SCi’s recent company report is anything to go on. Defying the games industry’s continuing wails about how hard life is SCi reported revenues of £179.1-million in its company report this week. That’s 7% above what it expected to announce. Revenues were substantially higher than in the previous financial period because of our acquisition of Eidos in May 2005 and an increase in the number of titles released. And the gross profit of £103.8 million compared to £5-million in 2005.
According to the company report:
Revenues were substantially higher than in the previous financial period because of our acquisition of Eidos in May 2005 and an increase in the number of titles released.
Included in this are some interesting individual figures:
11.9 million units sold in the financial year. The following ‘distribution’ numbers for specific games were also detailed:
2.5 million units of Lego Star Wars – released 22nd April 2005 the UK.
1.4 million of Hitman: Blood Money – released 26 May 2006 in the UK.
2.9 million of Tomb Raider:Legend – released 10th November 2006 the UK.
A massive 69% of revenues for 2006 came from sales of new games. Back catalogue titles accounted for 12% of total revenues. 16% of revenues for 2006 were sales of products distributed jointly under the Eidos and third-party labels. The remaining 3% of revenues were derived from the exploitation of the Group’s game franchises in areas other than the sale of console and PC games. This includes New Media income from sale of the Group’s products on mobile phones.
The question is, does Agent 47 really want to be part-owned by the people who bring us AOL?
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Comments
Joji 7 Dec 2006 14:52
1/1
I think the film has potential but don't like these monkeys dipping their fingers into games too much. Sure they have the money, but do they have the sense with it? We don't want a Carmageddon film.