Tagged With: Sega

Marvel Ent. initiated financial guidance for 2007 and revised its financial guidance for 2006. The financial guidance was provided in conjunction with the reporting of operating results for the third quarter and nine-month periods ended Sept. 30, 2006.

For Q3 2006, Marvel reported net income of $13.2 million, or $0.16 per diluted share, net of a $0.7 million charge for FAS 123R share-based payments. This compares to net income of $23.4 million, or $0.23 per diluted share, in the year-ago third quarter period, which did not include any stock option expense.

SEGA Corp. has announced plans to enter the Chinese market for online gaming. In preparation for full-scale business operations in China, the company has established a branch office in Shanghai -- SEGA (Shanghai) Software Co. SEGA views the Chinese a strategic market for growth in multiplayer online gaming market with more than 10 million online gamers. The company plans to establish the regional business through its local branch offices, with content designed to appeal to market-specific tastes and demand.

Sega of America has appointed Joseph Culley as vice president of marketing. Culley will help steer marketing, advertising and promotional campaigns for Sega Dreamcast and SegaNet. A brand-building veteran with most recently Levi Strauss & Co, Culley has 14 years experience in consumer marketing, business development and brand positioning. As vice president of marketing, Culley will oversee Sega's brand strategy and marketing programs, including positioning, advertising, corporate identity and channel marketing.

BERNARD STOLAR was named president of MATTEL INTERACTIVE, the division that

includes The Learning Company and other software and high-tech products.

Stolar joins Mattel from Sega where he helped engineer the launch of the

Sega Dreamcast video game console in the United States. At Mattel, he will

try to mend the ailing Learning Company division, whose unexpected $105

million loss in the third quarter shocked investors and diminished Mattel's

Eidos Interactive, an interactive software company, will release their hitgame, LEGACY OF KAIN: SOUL REAVER, for Sega Dreamcast. The game wasreleased for PlayStation and PC in August and has appeared on the cover ofevery major U.S. electronic gaming industry magazine. "The ongoing successand industry praise for Legacy of Kain: Soul Reaver coupled with theimpressive sales figures of Sega Dreamcast make this a great fit," said RobDyer, President, Eidos Interactive. The action adventure game allows