Game industry business news

Top Sony exec to skip bonuses and cut wages as fourth annual loss nears

Sony is expected to report its fourth annual loss in succession tomorrow. The Wall Street Journal reports that as a result chief executive Kazuo Hirai and some of the company’s other top bosses are to forgo their bonuses and take a 50 per cent cut in pay. All of which …

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CeX Glasgow to trial Bitcoin for three days

The upcoming vote on Scottish independence has lead to a pioneering experiment in the Glasgow branch of CeX. Retail Week reports that the store is for three days only accepting purchases made with digital currency Bitcoin. It will also pay out for trade-ins in the currency. Apparently it’s an effort …

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Microsoft to cut Xbox Live Gold subscription requirement for media apps – report

Services such as Netflix and Hulu will soon be free to access on Xbox One and Xbox 360, a new report has claimed. Traditionally streaming video and other apps have been reserved only for those who subscribe to Xbox Live Gold, which has always placed Microsoft at a strategic disadvantage …

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Half-Life 2, Portal now available on Nvidia Shield

A pair of Valve classics have launched on Google Play, though they’re exclusive to Nvidia Shield devices. The two companies revealed in a joint announcement that both Half-Life 2 and Portal can now be purchased from Google’s store for Nvidia’s handheld. "Nvidia has done a remarkable job bringing both Half-Life …

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PC platform driving Sanctum 2 sales, developer regrets console launch

PC and consoles indie title Sanctum 2 has earned around 95 per cent of its revenue from Steam, according to developer Coffee Stain Studios. In a postmortem on Gamasutra, Coffee Stain’s Johannes Aspeby explains that the simultaneous console launch on Xbox 360 and PS3 hardware only caused the developer additional …

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Multiple EA execs sell off company shares

A trio of EA’s top executives have sold off either all or a significant portion of their company shares, according to new SEC filings from the firm. GameSpot highlights the filing, which states executive vice president Patrick Soderlund and general counsel Stephen Bene have sold off all of their stock …

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WWE reduced its royalty payment to convince 2K to make WWE 2K14

2K Games was only convinced to release WWE 2K 14 last year after the wrestling organisation agreed to reduce its royalties. That’s according to CageSideSeats.com, which has word from the Wrestling Observer newsletter writer Dave Meltzer that the publisher instead wanted to hold back its first WWE title since its …

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Diablo III: Ultimate Evil Edition dated for PS4 and Xbox One

Blizzard has confirmed a release date for Diablo III: Ultimate Evil Edition on PS4, Xbox One, PS3 and Xbox 360. It has been pencilled in for August 19th, which could well translate to August 22nd in the UK. The developer has also confirmed that those who already own the current …

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DriveClub WILL offer microtransactions

Sony’s upcoming PS4 racer will employ microtransactions, despite the director previously describing the payment model as a ‘plague’. It’s been a hot topic of late inside gaming, and we’ve been very keen to take on board the feedback from gamers and make sure we don’t upset anyone," DriveClub director Paul …

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Capcom promoting female roles to bolster company diversity

Japanese publisher Capcom has said that it is looking to up the number of women in senior management roles. Capcom is fully recognising the importance of diversity of human resources in recent years while actively utilizing female workers and making evaluations according to performance and not based on gender, age …

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