Game industry business news

Transformers writer in talks for Tomb Raider movie reboot

The re-launch of the Tomb Raider movie franchise appears to have found its director and writer. The currently untitled film is said to be a reboot of the series, which previously saw two instalments – 2001’s Lara Croft: Tomb Raider and 2003’s Tomb Raider: The Cradle of Life – both …

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EA’s past acquisitions ‘spotty at best’, admits CFO

EA has vowed to be more ‘careful’ about purchasing companies in the future, accepting that it has made mistakes with past acquisitions. Speaking at the UBS Global Technology Conference (as reported by GameSpot), CFO Blake Jorgensen said that the inconsistent hit rate of studios and firms picked up by EA …

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Spend-happy mobile gamers have similar habits on consoles – Newzoo

Research firm Newzoo has published a new report on mobile power users,” highlighting data that indicates those that spend significant money on smartphone games are likely to do the same for console titles. The report details the intersts, behaviors, and spending habits of these power users, specifically pointing to an …

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Canada’s game industry sees significant growth over past two years – ESA

Game development studios in Canada are on the rise, according to new data published by the country’s ESA chapter. The Entertainment Software Association of Canada’s research shows the industry has risen 24 per cent over 2013, growing to 20,400 people employed by 472 individual studios throughout the region. Though it’s …

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Square Enix sees increase in six-month sales and profits

Square Enix has reported financial results for its most recent six-month stretch, with the publisher showing increases in both sales and profits for the period. Square’s digital entertainment segment, which includes the firm’s video game division, grew 37.5 per cent year-over-year thanks to the performances of PC and mobile titles …

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MCV Awards 2016: Submit your entries

We need your entries for the MCV Awards 2016 to be submitted to us by December 16th – that’s just four weeks away. Two additional categories have been added for 2016 (which make a return from previous years): Mainstream Retailer and Events Team. For a full list of categories and …

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GAME plans biggest ever Black Friday weekend

High Street retailer GAME says that this coming Black Friday period will be its biggest yet. Black Friday this year falls on November 27th, with GAME’s deal continuing through to the following Monday, November 30th. As a part of this, GAME is sending Black Friday Daily deals straight to consumer’s …

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Chinese eSports organisation Team DK shuts down

One of the largest multi-discipline eSports organisations in China closed its doors yesterday as Team DK chose to disband all its squads. The Chinese organisation, which had premier teams in Dota 2, League of Legends and Heroes of the Storm made the announcement via social media site Weibo. In the …

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Zombi is coming to physical retail

Ubisoft’s survival horror title Zombi is set for a boxed release. The publisher has announced that it will bringing the roguelike horror game to PlayStation 4, Xbox One and PC in a physical release on January 21st, 2016. The game was initially a Wii U exclusive, entitled Zombi U, and …

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Pachter: Nintendo NX is ‘doomed’ without third-party backing

Games industry analyst Michael Pachter has said that third-party support is vital to the success of Nintendo’s next home console. Writing in a column published by SIFTD (and then reported by Nintendo Insider), the Wedbush analyst said that the NX would be ‘doomed’ from the off if it fails to …

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