KIDE- Low Float, Nice Financials ?? Message Board

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Non-Tech : KIDE- Low Float, Nice Financials ??

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To: Matt Kaarlela who wrote (171)	1/9/1999 12:50:00 PM
From: BulbaMan	Read Replies (1) of 227

Revenues from Zelda were bigger than the revenues of any Hollywood movie during the last six weeks of 1998. (Below is link to full press release. I also copied the first part of the press release.) Given Zelda's phenomenal popularity, it's hard to imagine KIDE won't be announcing some big Zelda licensing deals soon. nintendo.com NINTENDO'S 'ZELDA' VIDEO GAME OUTDRAWS TOP HOLLYWOOD HOLIDAY RELEASES: $150 Million 'Box Office' In Six Weeks REDMOND, Wash.--(BUSINESS WIRE)--Jan. 7, 1999--Nintendo's "The Legend of Zelda: Ocarina of Time" established a historic benchmark for the video game and entertainment industry as the tally shows it generated more retail revenues during the last six weeks of 1998 than any Hollywood feature film released over the same key holiday time period. Based on data from Nintendo and entertainment industry sources(1), Nintendo's Zelda title for the Nintendo 64 video game console generated approximate retail revenues of $150 million based on the nearly 2.5 million units sold at an average retail price of $60. The top grossing movie for the same time period was the Disney/Pixar production of "A Bug's Life," with approximately $114 million in box office receipts...

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