Warthog signed for EA's new Potter game
UK developer Warthog has been signed up to work with Electronic Arts on the publisher's next outing to Hogwarts this Christmas, but despite this coup it has issued a profit warning for its full year results at the end of this month.
UK developer Warthog has been signed up to work with Electronic Arts on the publisher's next outing to Hogwarts this Christmas, but despite this coup it has issued a profit warning for its full year results at the end of this month.
Despite the lack of a Harry Potter movie to tie in with at the end of this year, EA plans to bring a game based on the first book in the franchise, Harry Potter and the Philosopher's Stone, to next generation platforms for the first time. Warthog has been chosen as the developer for the title, acting under the supervision of EA's UK studios.
However, the announcement of this major contract win for the developer has been overshadowed slightly by news that the company expects to post full-year results below market expectations at the end of this month, due to delays in finalising publishing agreements for certain projects in development.
Pre-tax losses of approximately £750,000 are now expected for the full year; however, the company is confident that revenues from the unsigned titles will be carried forward into the current financial year, boosting prospects for the year ending March 2004.