News: After a poor quarter, Majesco shuffles it's release schedule.
Majesco has revealed it's financial data for the quarter ending July 31 and it's not pretty. With lower than expected sales from Psychonauts and Advent Rising resulted in a loss of $38.6 million for the quarter.
Majesco also revealed that Infected for the PSP was pushed back to late 2005 and Jaws for the PS2, Xbox and PC was pushed back to early 2006.
Majesco has also said that in light of this loss they plan to reevaluate their business plan and focus on more budget titles as opposed to expected blockbusters like Advent Rising and Psychonauts.
No cancellations were announced on any of Majesco's current titles, but we'll stay on top of it.
Blockbuster Inc Arrives in June With The Demo Available Right Now
Nintendo eShop Weekly Update Includes Princess Peach, Baseball, and More
Top Spin 2K25 Roster and Apparel Brands Details Revealed
Gas Station Simulator “Tidal Wave” DLC Now Available on PC
Apex Legends Shadow Society Event Launches Next Week
Final Fantasy VII Rebirth Update 1.020 Now Available on PS5
Nintendo Reveals Mario Day 2024 Details for Fans
Call of Duty Modern Warfare III and Warzone Season 2 Reloaded Details
Monarchy Demo Now Available on Steam During Steam Next Fest 2024