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Post by vinitwins on Dec 1, 2006 1:03:01 GMT 6
www.gamasutra.com/php-bin/news_index.php?story=11889Officials from UK based magazine publisher Future Publishing have announced the company’s preliminary results for the financial year ended September 30th, in which the company reported pre-tax losses of £49.0 million ($95.6m).
The company publishes all three official console magazines in the UK, as well as the internationally renowned multiformat publication Edge, and also owns Future US, which runs magazines including Official Xbox Magazine and websites such as Next-Gen.biz in the States. The £49.0 million loss for the overall company was a significant drop from a profit of £12.5 million ($24.4m) the previous year.Being an avid reader of its cult magazine Edge (i own 100 of the 169 issues published till date) -- let's pray they pull through this! V
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