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JULY 31, 2003 at 12:02 AM
Posted by JAMES
Source: Manchester Online via iharrypotter.net
The slump in profits
for Warthog forced the game developer to drop two projects, namely games based on the movie 'ET' and the TV cartoon 'Animaniacs.'
The publishers were unable to raise enough capital to continue to fund projects based on the hit movie "ET" and the cartoon series Animaniacs.
As a result, Warthog was not paid large chunks of its contract fees.
Those setbacks meant the Cheadle-based firm incurred exceptional costs of £1.3m in the 12 months to March 31, which landed Warthog with pre-tax losses of £790,705 against profits of almost £500,000 in the corresponding period last year.
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Order of Merlin, 2nd Class
Points: 1660
siriusgyal says:
I feel sorry for them. Good luck next time
Posted Jul 31, 2003 at 6:28 AM EST
Metamorphmagus
Points: 37939
tonks black says:
that article my kinda confusing to my poor little brain, but I got the main idea. i hope they can figure out a way to get some of their money back next time.
Posted Jul 31, 2003 at 8:36 AM EST
Auror
Points: 2303
padfoot5312 says:
Not bad that this is their first reported lose in the six years, hopefully they can get through this. Not getting part of the contract fee couldn’t have helped good luck to them. I’m sure that when the finish ET and Animaniacs should help.
Posted Jul 31, 2003 at 10:09 AM EST
Witch
Points: 917
Slytherin_Punk says:
That is ashame, and they lost all that money.
Posted Jul 31, 2003 at 11:41 AM EST
Head Girl
Points: 463
Madam Hooch says:
Wow, that's a really big loss! I didn't buy any HP games. i never really like games that were based on movies or books, they were almost always disappointing. But I do feel sorry for them...
Posted Jul 31, 2003 at 3:26 PM EST
Lycanthropist for W.S.S.
Points: 3603
Alchemist 530 says:
Times are getting harder, you see it all over. I actually used to watch that cartoon, animaniacs- just a weird cooincidence. I'm not a big video-game person, either, but I do have a few HP games.
Posted Jul 31, 2003 at 8:04 PM EST
Astro Zombie
Points: 2577
Fallen Bomb says:
That's a shame. Do they develope Harry Potter or some thing? Because if not that has nothing to do with Harry Potter.
Posted Aug 2, 2003 at 2:04 AM EST
Student
Points: 293
jjkhp says:
I feel really bad for you. good luck next year.
Posted Aug 2, 2003 at 6:14 PM EST
Muggle
Points: 99
GinnysAuror41 says:
Wow, that's a really big loss! I didn't buy any HP games. i never really like games that were based on movies or books, they were almost always disappointing. But I do feel sorry for them...
Posted Oct 22, 2005 at 12:50 PM EST