Game industry business news

70% of GTA V gamers have played GTA Online

GTA Online was the single largest contributor to Take-Two’s digital revenue over the three months to Christmas, the firm has told MCV. The company revealed that the free online game – which was bundled with GTA V but released later – has been a huge success, despite a slow start …

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Take-Two reports better than expected Q3 results as GTA V tops 32.5m

Take-Two has smashed its predicted earnings and has raised its outlook as GTA V shipments surpass 32.5m. The firm’s Q3 revenue (Non-GAAP) has reached $767.7m (470m) (GAAP revenue hit 1.86bn), with a net income of $578m. The results are primarily down to the performance of GTA V and Grand Theft …

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Yamauchi family offering up shares for Nintendo’s proposed buyback

The founding family of Nintendo will offer up its shares as the platform holder prepares to detail its share buyback scheme tomorrow. Bloomberg reports that the Yamauchi family will sell part of its holdings in the company – estimated to comprise around ten per cent in total – as part …

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Amazon to increase price of Prime membership due to increased delivery costs

The cost of membership to Amazon’s popular Prime service is going up, the retailer has said. The 49.99 per year service offers unlimited free one day delivery on a significant proportion of the retailer’s stock, as well as free access to many of its Kindle digital book titles. However, Amazon …

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Nintendo’s decline ‘could be detrimental to the market’, Sony says

Any declines suffered by Nintendo will come at a cost for the wider market unless platform holders act. That’s according to UK PlayStation boss Fergal Gara, who told TrustedReviews(as spotted by NintendoLife): "[The decline of Nintendo] could be detrimental to the market, unless people like us raise our game and …

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PS4 1.6 system update arrives tomorrow, brings new headset support

Sony will tomorrow (February 4th) release the 1.6 firmware update for PS4, bringing with it support for Sony’s 7.1 Pulse Wireless headset. The platform holder has also announced its 79.99 7.1 Wireless Stereo Headset 2.0 for PS4, which will be released on February 10th. It’s compatible either with PS4 using …

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Carphone Warehouse rebranding 60 of its stores as Samsung-only

Samsung smartphones are to receive their own dedicated retail presence on the UK High Street. Carphone Warehouse has announced plans to rebrand 60 of its 2,000 stores as dedicated Samsung outlets. These will roll out in the next three months across seven countries including the UK, which is expected to …

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Games With Gold Xbox One details ‘soon’ says Spencer

Microsoft will soon share its plans for Games With Gold on Xbox One. The service – seen as a direct answer to Sony’s excellent Instant Games Collection on PSN – rewards Xbox Live subscribers with access to a changing selection of free titles. So far it has only been available …

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PlayStation Plus: Sound Shapes on PS4 free for Indian users in February

Indian PlayStation Plus members will receive Sound Shapes as the PS4 Instant Game Collection title for the month of February, Sony has announced. Sound Shapes replaces Outlast, which is the free PS4 game for the rest of the PAL region, but the survival-horror game is, for reasons unkown, not available …

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Yogscast: We would never compromise our integrity

UK YouTube giant Yogscast says it can help publishers sell games, but it will never compromise its integrity. The company’s comments come as Microsoft and EA suffer criticism for encouraging YouTube bloggers to post positive coverage about its games in exchange for money. Yogscast is a value-led business and the …

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