Tuesday, 10 May 2011

activison hopeful playstion up before new map pack

Activision said on its quarterly earnings call last night that the ongoing PlayStation Network down time would result in the loss of high-margin revenue for the publisher.

It added that it was "hopeful" Sony can restore the service soon, at least before the planned launch of the Call of Duty: Black Ops Escalation DLC for PS3, which is believed to be scheduled for June.

{Activision Publishing CEO Eric Hirshberg said (via Seeking Alpha): "With regard to the PlayStation Network issues Sony is facing, we are hopeful that they will be up and running as soon as possible.}
"We're planning on launching the Call of Duty Escalation content pack for the PS3 later in the quarter and I'm hopeful that this situation will be {resolved} by then."

{Sony said yesterday the PSN might not be fully operational again until May 31, six weeks after it was first taken offline.}

{Assessing the outage's potential cost to Activision, chief financial officer Thomas Tippl said: "For the June quarter... revenues will be down versus the prior year, due primarily to a smaller product lineup and the expected loss of high-margin revenue due to the temporary the PlayStation Network shutdown".}
Fellow third party publisher Capcom said this week that the service down time has cost the firm "hundreds of thousands, if not millions of dollars in [lost] revenue", but it added that Sony has been "as transparent as it probably can be" with its business partners about the situation.

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