BNET Industries
Market Cap:$34.6M
Last Fiscal Year Sales:$63.8M
- Public
- US
Dow Jones Description
We are a provider of interactive entertainment products. We sell our products primarily to large retail chains, specialty retail stores, video game rental outlets and distributors. We also sell our products internationally through distribution agreements with other publishers. We have developed our retail and distribution network over our 22-year history. We publish video game software for most major interactive entertainment hardware platforms, including Nintendos Wii, Game Boy Advance, or GBA, DS, Sonys PlayStation 3, or PS3, PlayStation 2, or PS2, and PlayStation Portable, or PSP, Microsofts Xbox, Xbox 360, the personal computer, or PC, and other mobile devices. Our video game titles are targeted at various demographics at a range of price points, from lower-priced value titles to more expensive premium titles. In some instances, these titles are based on licenses of well known properties, and in other cases based on original properties. We collaborate and enter into agreements with content providers and video game development studios for the creation of the majority of our video games. Our business model and product strategy is primarily focused on games with relatively lower development costs for both console and handheld systems targeting mass-market consumers. We believe this strategy allows us to capitalize on our strengths and expertise while reducing some of the cost and risk associated with publishing a large number of premium console titles. ...
CEO
JESSE SUTTONNumber of Employees 96
Peer Companies
NAICS Code Software Publishers: 511210
Recent Events
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A Boy and His Blob: Trouble on Blobolonia Releases on Wii Virtual Console
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Majesco Entertainment Releases the Original 'A Boy and His Blob: Trouble on Blobolonia' on Virtual...
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Majesco Entertainment Celebrates Hello Kitty'sR 35th Anniversary With 'Hello Kitty Party' For Nintendo DSTM Join...
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To be released in late 2010
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Majesco Entertainment Releases A Boy and His Blob For Wii
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Majesco Releases Our House Party! For Wii and Our House For Nintendo DS
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Game Publisher Majesco to Raise $9.63 Million in Offering
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GetFugu Partners With Majesco Entertainment to Make Video Game Ads and Packaging...
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Kroger, Best Buy Drop; Teradyne, Yahoo Rise
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Majesco Entertainment joins forces with Tetris Online inc.
News & Analysis
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majesco entertainment co. and seeking alpha - All News and Analysis
Majesco Entertainment F3Q09 (Qtr End 7/31/09) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from Sean MacGowan from Needham. Sean MacGowan - Needham & Company Thanks, a couple of questions, if I can -- whether it’s Jesse or John, whoever would prefer to answer it, how much of the reduction in the...
Majesco Entertainment Company F2Q09 (Qtr End 04/30/09) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Sean McGowan – Needham & Company Sean McGowan – Needham & Company I have two questions, the first of which is could you comment on what feedback you’re getting from retailers regarding the sell through of...
Majesco Entertainment Company, Inc. F4Q08 (Qtr End 10/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Michael Pachter - Wedbush Morgan Securities. Michael Pachter - Wedbush Morgan Securities You guys are guiding to relatively flat margins on revenues that will be at least 10% higher so if I am...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| JESSE SUTTON | CEO |
| Jan E. Chason | CFO |
| John Gross | CFO & Executive Vice President |
| Kevin Ray | Chief Technology Officer |
| Joseph Sutton | Executive Vice President, R & D |
| Adam Sultan | General Counsel, Secretary & Senior Vice President, Business & Legal Affiars |
| Dick Wnuk | |
| Larry Aronson |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Allan Grafman | Chair of Board |
| Keith McCurdy | Board of Directors |
| Laurence Aronson | Board of Directors |
| Laurence Aroonson | Board of Directors |
| Louis Lipschitz | Board of Directors |
| Mark Stewart | Board of Directors |
| Peter Cuneo | Board of Directors |
| Steven Wilson | Board of Directors |
As CEO, Jesse Sutton oversees all aspects of our day-to-day operations. As a Majesco co-founder, Jesse brings to our company more than 20 years experience in business management and has been instrumental in developing and overseeing all of Majesco's key strategic alliances.
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | CEO | Current |
| Majesco Entertainment Company. | Board of Directors | Current |
| Majesco Entertainment Company. | President | Former |
| Pipe Dream Interactive Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | CFO & Executive Vice President | Current |
| Rare Medium | Chief Financial Officer | Former |
| FactSet Research Systems, Inc. | Cfo | Former |
| FactSet Research Systems, Inc. | Vice President, Corporate Development | Former |
| PepsiCo, Inc. | Former | |
| Cadbury Schweppes plc | Former |
Kevin Ray / Chief Technology Officer. Kevin Ray has 14 years of experience in engineering and programming, including seven years in the interactive entertainment industry. Previous positions include CTO of Mattel Interactive, VP of Engineering at Games.com, Director of Technology at Hasbro Interactive and Principle Engineer at MicroProse. Prior to this, Mr. Ray was Director of OzzLab at Ozz Research and Director of Engineering at Byte by Byte Corporation, where he worked on the development of one of the first commercial 3d modeling, rendering and animation programs, Sculpt 3d.
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Chief Technology Officer | Current |
| Games, Inc. | Vice President of Engineering | Current |
| Hasbro Interactive | Director of Technology | Current |
| Principle Inc | Director of Technology | Current |
| Byte.Com | Director of Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Executive Vice President, R & D | Current |
| Majesco Entertainment Company. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | General Counsel, Secretary & Senior Vice President, Business & Legal Affiars | Current |
| Majesco Entertainment Company. | General Counsel | Former |
| Fordham University | Law Degree | Former |
| Fordham University | Degree | Former |
| Rutgers University | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Current | |
| Konami Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Current | |
| Warner Lambert | vice president of Sales | Former |
| Procter & Gamble | vice president of Sales | Former |
| University of Massachusetts Amherst | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Mercury Capital Partners, L.P. | Principal of Mercury Capital Partners III | Current |
| Mighty Crusaders | Current | |
| Majesco Entertainment Company. | Chair of Board | Current |
| All Media Ventures | President | Former |
| Archie Comics Entertainment, LLC | President | Former |
| Hallmark Entertainment Inc. | Cfo | Former |
| Hallmark Entertainment Inc. | Executive Vice President | Former |
| ZVUE Corporation | Board of Directors | Former |
| Columbia University | MBA | Former |
| Indiana University | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Board of Directors | Current |
Mr. Aronson has served as one of our directors since November 4, 2004. From 2003 to the present, Mr. Aronson has served as the President and Chief Executive Officer of Cartwheel LLC, a marketing services company. From 2000 to 2003, he was the President of North American Sales and Customer Marketing at Revlon. Prior to that he held senior leadership positions at Procter & Gamble and Warner Lambert/Adams USA.
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Board of Directors | Current |
| Cartwheel LLC | Chief Executive Officer | Former |
| Revlon, Inc. | President | Former |
| Cartwheel LLC | President | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Gennisi | Executive Vice President, Chief Financial Officer | Current |
| Forward Industries, Inc. | Director of New Alternatives | Current |
| Finlay Enterprises, Inc. | Director of New Alternatives | Current |
| The Children's Place Retail Stores, Inc. | Director of New Alternatives | Current |
| Majesco Entertainment Company. | Board of Directors | Current |
| The Children's Place Retail Stores, Inc. | Board of Directors | Current |
| New Alternatives, Inc | Board Member | Current |
| New York & Company, Inc. | Board of Directors | Current |
| The Henry H. Kessler Foundation, Inc | Board of Directors | Current |
| Finlay Enterprises, Inc. | Board of Directors | Current |
| Forward Industries, Inc. | Board of Directors | Current |
| New Alternatives for Children, Inc | Board of Directors | Current |
| Toys "R" Us, Inc. | Chief Financial Officer | Former |
| Toys & Co. | Chief Financial Officer | Former |
| Toys & Co. | Executive Vice President | Former |
| Toys "R" Us, Inc. | Executive Vice President | Former |
| Hunter College of the City University of New York | B.S. In Accounting | Former |
| Boston College | Former |
Mr. Stewart has served as one of our directors since January 17, 2007. Mr. Stewart previously served as Chief Executive Officer of Kodak Polychrome Graphics. Prior to that, he served as Chief Financial Officer for Qualex Inc., Liggett Group, Inc. and Simon & Schuster's trade publishing group.
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Board of Directors | Current |
| Qualex Inc. | Chief Financial Officer | Former |
| Liggett Group Inc. | Chief Financial Officer | Former |
| Simon & Schuster, Inc. | Chief Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Majesco Entertainment Company. | Board of Directors | Current |
| Remington Products | CEO | Former |
| The Black & Decker Corporation | president | Former |
| Remington Products | president | Former |
| Harvard Business School | MBA | Former |
| Alfred University | BF in Ceramic Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Camelot Equity Partners, LLC | Partner | Current |
| L.E.K. Consulting LLC | Board of Directors | Current |
| Brock Capital Group LLC | Board of Directors | Current |
| Knobias, Inc. | Board of Directors | Current |
| Building Excellent Schools | Board of Directors | Current |
| Majesco Entertainment Company. | Board of Directors | Current |
| Advantage Schools | CEO | Former |
| The Franklin Mint | President | Former |
| Footstar, Inc. | Chief Financial Officer | Former |
| Bridge Information Systems | Chief Financial Officer | Former |
| The Reader's Digest Association, Inc. | Executive Vice President and Chief Financial Officer | Former |
| The Edison Schools, Inc. | Executive Vice President for Product Development | Former |
| Bridge Information Systems | Executive Vice President | Former |
| Footstar, Inc. | Executive Vice President | Former |
| The Center for Business | Fellow | Former |
| Harvard University | Fellow | Former |
| Footstar, Inc. | Supplemental Executive Retirement Plan | Former |
| Newport News Shipbuilding | Board of Directors | Former |
| Harvard University | M.B.A. | Former |
| Annapolis.Com | B.S. | Former |
| John F. Kennedy School of Government | Former |
Executive News
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Majesco Entertainment Announces 'Cooking Mama 3' For Nintendo DS(TM)
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Majesco Entertainment Announces 'Cooking Mama 3' For Nintendo DS(TM) Now You Can Shop for Ingredients and Create Your Own Dishes With the Infamous Kitchen Matriarch
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