Saturday, April 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Games > Activis...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, February 10, 2011
Activision Ends Guitar Hero Franchise


Activision Blizzard on Wednesday said that it is stoppong the development of the "Guitar Hero" music videogame franchise.

The company also revealed plans for a seven percent reduction in staff, with members of the "Guitar Hero" team being among about 500 workers that will be dismissed.

The announcement was made during the company's quarterly fiscal results call.

"Due to continued declines in the music genre, the company will disband Activision Publishing's 'Guitar Hero' business unit and discontinue development of (the game) for 2011," Activision said .

However, Activision will continue investing on the blockbuster "Call of Duty" franchise as well as in online games and digital distribution.

Activision reported that it lost $233 million on net revenue of $1.43 billion in the final three months of 2010. It finished the year with a net profit of $418 million on annual net revenue of $4.45 billion.


Previous
Next
JEDEC to Standardize Hybrid Memory Modules        All News        Battlefield 3 ships Fall 2011
EA's Need for Speed Undercover and the Tetris Game Coming to the BlackBerry PlayBook     Games News      Battlefield 3 ships Fall 2011

Get RSS feed Easy Print E-Mail this Message

Related News
Call of Duty: Ghosts Launched
Activision,Vivendi Deall Completed
Court Halts Activision Deal With Vivendi
Call of Duty: Black Ops II Grosses $1B in 5 Days
Call Of Duty: Black Ops II Sales Exceed $500 Million
Call of Duty: Black Ops II Now Available Worldwide
Activision Settles Suit With Game Developers
Call of Duty: Modern Warfare 3 Sets All-Time Record for the Game Launch
Call of Duty: Black Ops Surpasses $1 Billion in Sales Worldwide
Aerosmith "Guitar Hero" AVailable
Activision Licenses Epic Games' Unreal Engine 3
Activision Reveals Plans for Downloadable CoD 3 Maps on Xbox Live

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .