Majesco Games (Page 2)

US publisher Majesco says use of Valve's popular digital distribution model will extend the reach of brands amongst enthusiast gamers.

Publisher Majesco has praised the lower development costs of Nintendo's Wii console, and intends to refocus its business to take advantage of the systems potential.

The board of directors for Majesco Entertainment has appointed Jesse Sutton as the company's interim CEO and chairman of the board - positions previously held by his father, Morris Sutton.

Majesco Entertainment will be publishing the first wrestling game for the Nintendo DS in North America and Europe, having secured the videogame rights to Jack Black's latest feel-good comedy movie, Nacho Libre.

Majesco has announced that it is no longer under threat of being delisted from the Nasdaq after successfully filing second quarter financial results before the extended deadline.

Majesco Entertainment has posted its Q2 financial results, revealing a small increase in profits as the troubled publisher continues restructuring plans following its exit from the premium games market.

Troubled publisher Majesco has been granted an extension to the deadline by which it must file quarter two financial results - but failure to comply with the rules could mean the company is delisted from the Nasdaq.

Troubled publisher Majesco has rejected an offer by Trinad to purchase 2 million shares, accusing the stockholders' group of trying to take over the company without holding a majority share.

Trinad, a shareholder group which already has a 12.4 per cent stake in Majesco, has offered to purchase 2 million shares from the troubled publisher on condition that a "more independent" board is appointed.

Troubled publisher Majesco Entertainment has announced a number of internal changes and financial restructuring, as the company strives to regain its market stability and recoup significant revenue losses.

Embattled software publisher Majesco Entertainment has posted its full-year fiscal results, revealing a continued decline in revenues that has prompted the firm to exit the premium games market, focusing instead on budget and handheld software titles.

As Majesco's financial woes continue, the troubled company has announced that it has sold off the rights to two forthcoming games to an unnamed publisher in a deal worth USD 8 million.

Troubled publisher Majesco has been offered a cash injection of USD 5 million to continue its business, but the offer comes at a high price - 3.3 million shares in stocks.

US publisher Majesco received a boost this week with the news that THQ will distribute its titles in Europe, including critically acclaimed Psychonauts.

The fortunes of US publisher Majesco have taken yet another turn for the worse following news that shareholders have launched four class-action lawsuits against the company.

Shares in publisher Majesco have dropped almost 50 per cent after the firm's CEO and chairman, Carl Yankowski, announced his resignation in the wake of revised financial forecasts which predict a full-year loss for the company.

Xbox-exclusive title Phantom Dust has been acquired for US release by publisher Majesco, after developer Microsoft Game Studios declined to launch the title outside Japan earlier this year.

Fast-growing US publisher Majesco Holdings has announced financial results for the full year ended October 31st, revealing that the firm more than doubled its revenues during the year, although its net loss also grew slightly.

US publisher Majesco has signalled its intention to move up to the NASDAQ stock exchange as part of a range of measures which include the issuing of up to $100 million in new stock and a one for 10 reverse split.