informa
/
1 MIN READ
News

'Value' games distributor sees sales increase despite retail industry woes

Developer and "value games" wholesale distributor Alliance Distributors Holding reported a jump in year-over-year sales to $20.8 million last quarter (ending December), as well as a slight increase in its net income.
Developer and "value games" wholesale distributor Alliance Distributors Holding reported a jump in year-over-year sales to $20.8 million last quarter (ending December), as well as a slight increase in its net income. One of the strategies Alliance has employed to achieve its growth -- as others in the video game industry are suffering declines -- is emphasizing its "value games" business, or relatively cheap, non-new releases that retain their value and popularity over time, such as titles based on family-friendly licenses. The company distributes accessories and software for around 75 third-party vendors (e.g. Electronic Arts), and also handles many new releases like Soulcalibur V and Final Fantasy XIII-2. It develops smartphone and social games (Updraft Jack) through its subsidiary Metaversal Studios, too. Through its operations, the company increased its October-December 2011 revenues by 7 percent to $20.8 million, compared to $19.4 million during the same period in the previous year. Its year-over-year net income for the second quarter grew from $266,000 to $360,000. Alliance noted that for the first half of its fiscal year (ending June 2012), its sales also increased by 2 percent to $31.1 million from $30.6 million, while net income rose to $406,000, compared to $270,00 in the previous year. "We are very gratified to have achieved revenue and income growth during a period of double-digit declines throughout most of the video game industry," says Alliance chairman and CEO Jay Gelman.

Latest Jobs

IO Interactive

Hybrid (Malmö, Sweden)
3.02.23
Gameplay Director (Project Fantasy)

Arizona State University

Los Angeles, CA, USA
2.27.23
Assistant Professor of XR Technologies

IO Interactive

Hybrid (Copenhagen, Denmark)
3.02.23
Animation Tech Programmer

Purdue University

West Lafayette, IN, USA
3.02.23
Assistant Professor in Game Design and Development
More Jobs   

CONNECT WITH US

Explore the
Advertise with
Follow us

Game Developer Job Board

Game Developer

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Advertise with

Game Developer

Engage game professionals and drive sales using an array of Game Developer media solutions to meet your objectives.

Learn More
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more