Crucio: Harry Potter and the evil US$ 120million cost in delay this year

Posted Sep 9, 2008 at 8:52AM EST by QJ Staff

Listed in: Magazines, News Tags: Electronic Arts, SEC

Harry Potter: You will lose everything - Image 1

Big ouchy for Electronic Arts' fiscal report next year.

Following Electronic Arts' press release yesterday about their video game for Harry Potter and the Half-Blood Prince being delayed to summer of next year, an SEC document reveals some info on how much the company stands to lose.

Turns out that EA had actually already forecasted US$ 120 million worth of revenue that the game would have contributed to their yearly fiscal report ending on March 31, 2009. And since the game won't be released before then, that big chunk of 120 million will be glaringly absent in their revenue report. (What was that tagline in Year 5's movie poster again... Oh right.)

Note here that EA hasn't actually lost any physical money (yet?). It was only a forecast they had for their 2008 report. It'll only be a matter of time if this same US$ 120 million would eventually show up in their fiscal report for 2009.

Yesterday in their press release, EA confided that Half-Blood Prince would be delayed from a November 2008 release for the PS3, Xbox 360, Wii, PSP, DS, Mobile, Mac, and PC and moved to a 2009 summer release - that's over six months! - to coincide with the movie.

Via EA

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Crucio: Harry Potter and the evil US$ 120million cost in delay this year

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