Arcturus on 27 March 2007
roadkillers said:
How do they keep losing money?
If you take a look at Midway's income statements for the past three years, their cost of revenue averages almost 80% of total revenue. When looking at similar companies like Activision, EA, and Take-Two, their cost of revenue ranges from 60% (Activision and EA) to 70% (Take-Two) of total revenue.
Midway has to get their costs of producing games under control.
