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View Full Version : WIRED: Are Game Makers Gaming Revenue?

RobertoOrtiz
07-21-2003, 02:56 PM
Quote:
"Three video-game publishers on Friday said they were part of an apparently wide-ranging probe opened by the U.S. Securities and Exchange Commission into the game industry.

Acclaim Entertainment, Activision and THQ said they had received requests for information from the SEC with regard to a formal investigation into video-game manufacturers and distributors. "
>>Link<< (http://www.wired.com/news/games/0,2101,59692,00.html)
-R
GRMac13
07-21-2003, 03:17 PM
This had better not turn into another Enron-esque scandal. That's all this industry needs is for some greedy bastards to screw everything up.

As if the economy wasn't bad enough as it is. Hopefully the companies in question have some sort of ethics and have been upfront about everything.

We'll have to wait and see though, won't we? :hmm:
RobertoOrtiz
07-22-2003, 03:31 AM
This could be big...

From Reuters:

"U.S. securities regulators are investigating the video game industry's accounting practices from the late 1990s until about 2002, raising questions about how game publishers have recognized sales during an unprecedented industry boom"

>>Link<< (http://story.news.yahoo.com/news?tmpl=story&cid=569&ncid=738&e=1&u=/nm/20030721/tc_nm/media_videogames_dc)
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