Welcome back to another roundup of MMO and MMO-adjacent industry news – this time ’round, it’s all about quarterly financial reports.
Square-Enix:Â Square saw another broad drop in games sales revenue in the second quarter of 2024 (actually the FQ1 for 2025), owing both to the lack of new titles compared to the same quarter last year and to higher development and marketing costs over the period. But it’s worth noting for our audience that while PC and mobile revenues were down, MMO revenues were up compared to Q2 2023 – perhaps not a surprise given that the period saw the lead up to the launch of Final Fantasy XIV Dawntrail. However, Dawntrail didn’t actually formally launch until July 2nd, so we’re guessing some of those returns won’t be realized until next quarter – too late to help the folks laid off from Square’s western services back in May.
Sony: Sony’s been in the news the last week thanks to its reining-in of Destiny 2 studio Bungie and the resulting mass layoffs of Bungie staff. But the move came ahead of its fiscal Q1 financials, which actually weren’t that bad. The company actually saw a 2% revenue bump compared to this quarter last year. However, as GIbiz points out, PS5 hardware revenues have dropped 21% since last year as the company is moving far fewer units.
SEGA: Finally, we come to SEGA, which is the big winner of this Japanese trio of corporations this time. While its overall sales were down 3.2% compared to the same quarter last year, its “entertainment contents” division – which includes games – saw a 34% increase in revenues over that same period.
