News Broadcasting
Video game industry grows at 35 per cent: report
MUMBAI: The global video game industry had a 35 per cent aggregate revenue growth for the past fiscal year. It also had an aggregate operating income in 2002 of 11.5 per cent of revenue compared with an aggregate loss in 2001.
In its latest report research company Research and Markets however noted that these gains have not translated into stock price increases. The company estimated that the average video game company’s stock was down 51 per cent from January 2000 to January 2003.
The report is titled Market Leaders in the Video Game and Interactive Entertainment Industry. The company went on to note that there was a significant difference in the prospects of companies in the interactive entertainment industry. The report divides the companies into four categories.
The first category consists of the four market leaders: Electronic Arts, Microsoft, Nintendo and Sony. These are the dominant companies in the industry.
The report noted that in the past five years, Sony had emerged as the leading force in the video game industry. From fiscal 1995 to fiscal 2002, Sony reported $36 billion in revenue from video games, compared with $32 billion for Nintendo. On the other hand, Nintendo has reported significantly higher operating income.
Nevertheless, the momentum is clearly on Sony’s side. Nintendo has been consistently profitable, but their revenue has not significantly grown in the past ten years.
The report also examined the performance of European companies that have grown rapidly through expansion. They are Eidos Interactive, Infogrames, Ubi Soft and Vivendi Universal Games. These companies have large product lines but face the challenge of absorbing acquisitions, managing debt and building up a solid marketing infrastructure outside Europe.
The report also stated that Japanese-based companies Capcom, Konami, Namco and Sega are faced with the problems of a declining arcade business and a slow Japanese economy. Their biggest challenge will be expanding on an international basis.
News Broadcasting
CNBC India unveils new logo, rolls out refreshed identity across network
Debuted at IBLA, the redesign signals a sharper, digital-first future
MUMBAI: CNBC has unveiled a refreshed brand identity across its India network, introducing a new logo and visual system that reflects a more modern, digital-first direction.
The rebrand was officially revealed at the India Business Leader Awards held in Mumbai on March 14, marking the first public showcase of the updated design at one of the network’s most prominent platforms.
The overhaul is among the most visible brand updates for CNBC in recent years, aimed at aligning its look and feel with evolving audience habits and a growing multi-platform presence.
At the centre of the refresh is a redesigned logo that moves away from the network’s long-standing multi-coloured peacock motif, opting instead for a cleaner and more minimalist aesthetic. A key visual cue is a blue upward-pointing arrow embedded within the letter ‘N’, symbolising forward momentum, growth and a focus on the future.
The new identity is being rolled out across the entire CNBC cluster in India, including CNBC-TV18, CNBC-TV18 Prime, CNBCTV18.com, CNBC Awaaz and CNBC Bajar. The move brings a more cohesive and contemporary design language across television and digital platforms alike.
The rollout began on March 30, with the network aiming to create a unified viewer experience regardless of how audiences access its content, be it on broadcast, online or connected devices.
With this refresh, CNBC is signalling its next phase of growth in India, blending legacy credibility with a sharper, forward-looking identity designed for an increasingly digital news ecosystem.
