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Specialist magazine house Future Publishing has blamed poor US performance for a fall in profits of 61 per cent, from £9.5 million to £3.7 million, for the year ended September 30.
The company, which publishes the official PlayStation, Xbox 360 and Nintendo magazines, along with online sites Edge Online and Gamesradar, saw revenues fall 13 per cent to £153.1 million.
Microsoft has launched its streaming film and television content service in association with Sky TV for the UK and Ireland today.
The Sky Player for Xbox 360 will allow Xbox Live Gold members to watch programmes from 24 different channels live, with an additional selection of on-demand channels featuring key shows from the past month as well as over 400 movies on offer from the current Sky Movies channels line-up.
For Gold members that already have a subscription to Sky, the content will be free, depending on that level of subscription - Sky Sports and Sky Movies content will require appropriate accounts - although as with the PC-based Sky Player users will also need to pay a GBP 5 Multi-Room charge if they don't already.
