ZOO Digital warns after distribution problems
- Dec 20, 2002
The company, which develops games, a new, interactive DVD technology and web-enabled touchscreen consoles in pubs and bars, said the problems would impact on its loss for the year to 31 December but claimed revenues would pick up in the New Year.
Sales of its titles, 'Who Wants to be a Millionaire?' and 'The Pepsi Chart Music Quiz' were restricted due to distribution problems and its acquisition of the 'Premier Manager' game for the PS2 console also ran into delays. Its retail partners have also delayed taking on its Home Creative Studio PC product until February 2003.
The firm recently borrowed £600,000 from CEO Ian Clifford to fund the development and publication of new products early next year.
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