Game industry business news

There will be at least five games from Ubisoft at E3 next month – but none of them will be for Nintendo platforms. "We won’t be showing off any Nintendo games at E3 this year," a Ubisoft rep told Nintendo World Report. Ubisoft has been one of Wii U’s most …

Sony CEO Kaz Hirai predicts the PS4 could become more profitable than the PS2. It is likely that PS4 will become the platform which exceeds the profits earned with PS2,” he told investors, according toImpress Watch,as translated byEurogamer. That’s a lofty goal, considering the PS2 sold approximately 155m units worldwide …

Harmonix has successfully achieved its crowdfunding goal for an HD remake of its cult rhythm action game Amplitude. The Rock Band and Guitar Hero creator’sKickstartercampaign surpassed its funding goal of $775,000 with just 21 hours left to go. Just one week ago it stood at just $250k and seemed to …

I mean, of course it’s being worked on, right? But if it’s being worked on, then where the hell is it? Etcetera etcetera. On what side of the fence you fall will completely dictate whether the following does or does not qualify as news. Nonetheless, here it is regardless: Former …

One of Nintendo’s less successful IPs could very well be on track for a Wii U resurrection. Patents unearthed by NeoGAF look very much like Wii U Music and show how a player can assume the role of several musicians within a composition. Specifically the documents outline a method via …

After a wait of nearly two years, Watch Dogs is very nearly with us. Having missed the next-gen launches of both PS4 and Xbox One last November, Ubisoft’s open-world hackfest will at last arrive on PS4, Xbox One, PS3, Xbox 360 and PC next Tuesday (May 27th). A Wii U …

Global games retailer GameStop has seen sales and earnings have shot up after an expectation-hitting Q1. Total global sales for the quarter ended May 3rd climbed seven per cent to $2bn with like-for-like store sales jumping 5.8 per cent. Net earnings grew 24.5 per cent to $68m The retailer said …

Digital may be the industry’s biggest market, but consumers still prefer to buy games in a box. Analysts Kantar WorldPanel revealed that two-thirds (72 per cent) of consumers are buying boxed products only. It follows estimates from Screen Digest, which showed that digital games last year generated more revenue than …

Mobile and electronics firm wants to beat Oculus Rift and Project Morpheus to market, sources claim

Amid uncertainty in the games market, GAME has decided it is time to float on the stock market once again. Risky? Martyn Gibbs tells MCV why it is anything but… Why IPO now and what’s the aim? It has been a lot of work getting us to today. But the …