Activision cans Trinity and other titles
Financials down, but third quarter should be much stronger.
Activision has announced its financial results for the second quarter of this fiscal year, announcing lower net revenues than the equivalent period last year and a $10.1 million loss, blaming "a significantly smaller release schedule" and pointing to a number of big releases in its third quarter, including Tony Hawk's Underground, True Crime, Call of Duty (those two are out today in Europe) and Empires: Dawn of the Modern World. Titles due out after Christmas include Tenchu: Return from Darkness on Xbox, Pitfall and MTX: Mototrax for PS2.
Over to president Ron Doornink: "We had a light release schedule for the second quarter, however, our main focus for this fiscal year remains our third quarter releases - Tony Hawk's Underground, True Crime: Streets of LA, Call of Duty and Empires: Dawn of the Modern World."
The publisher also confirmed that a trio of titles have been cancelled. Shaun Palmer's Pro Snowboarder 2 will no longer be making an appearance on Activision's O2 label, and there will be no sequel to Street Hoops. Perhaps most interestingly, the company has also decided to can Trinity, Gray Matter's PC/Xbox first-person shooter.
Finally, Activision reiterated what we already know about Doom III, that the publisher has moved it into the next fiscal year "for planning purposes". Other titles of note due out during fiscal year 2005 include Spider-Man 2, Lemony Snicket's: A Series of Unfortunate Events, DreamWorks' A Shark's Tale, Call of Duty: Finest Hour (consoles), Vampire: The Masquerade - Bloodlines, Rome: Total War, Peter Molyneux's The Movies and X-Men Legends.