SCi Posts Poor Results

It's been a bad week for financial results and whatnot, SCi is the latest casualty

SCi is today's walking wounded in the world of tech stocks, as they post losses of some 1.7m from the fifteen month period to September 30th last year. In order to try and recoup this loss, they have to rely on their new US distribution deal with SVG, a three year deal which could make them approximately $4.3m through PR and marketing in the new US office. The CEO of SCi, Jane Cavanagh, was commenting on the deal, saying that "By establishing a North American publishing operation, we will significantly improve margins and increase control over launch dates and marketing." By no means a bad thing. She went on, "By working exclusively with SVG we will minimise overheads and benefit from the strength of SVG's extensive distribution channels." We'll see you next quarter.

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Tom Bramwell

Tom Bramwell

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Tom worked at Eurogamer from early 2000 to late 2014, including seven years as Editor-in-Chief.

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