Given that JAKK appears to receive a large percentage of its revenue through the THQ joint venture, I thought that it would be important to look at how THQ was performing.I said in a previous post that WWF-video games have been waning in popularity recently, so I thought that it should give a rationale for this statement.First of all THQ derives a very large percentage of its revenue from WWF games. The video game industry is very "hit-driven", and games like Smackdown are the real money makers for video game companies.Here is THQ's console publishing market for the past 3 weeks:Week of Dec 15 4.20%Week of Dec 22 3.70%Week of Dec 29 3.10%As you can see, they have lost around 0.5% in market share in each of the last couple of weeks. I don't have any figures for the individual WWF games, but given that they make up the bulk of THQ's sales, they probably follow a similar pattern. A growing console market should help to make up for this loss in market share.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS