Game industry business news

Pachter: "I don’t know why Iwata is still employed"

Wedbush Morgan analyst Michael Pachter has stepped up his media onslaught on Nintendo by saying that president Satoru Iwata should be sacked. "I don’t know why Iwata is still employed," Pachter told the Game Monetization USA Summit in San Francisco, GamesIndustry reports, adding that the Wii U’s commercial performance has …

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PS4: Sony to price first-party games at Rs 3,999

PS4 games published by Sony will be priced at Rs 3,999 in India. PlayStation India head Atindriya Bose confirmed the pricing to MCV at the Gran Turismo 6 launch event in Mumbai earlier today. First-party game pricing is significant as several third-party publishers tend to take their pricing cues from …

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Games TM’s Samuel Roberts becomes PC Gamer editor

Former Games TM editor Samuel Roberts is the new editor of Future mag PC Gamer. His previous roles include deputy editor at Play magazine and SciFiNow. He was also a finalist in the Rising Star category at the 2009 Games Media Awards. He begins at PC Gamer on December 11th. …

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Go on, empty that cupboard…

Gamesaid has begun a Christmas campaign to get games firms to donate unwanted merchandise to its eBay activity. The UK games industry charity raises money throughout the year and is distributed annually, as per the votes of Gamesaid members. Almost 1m has been raised since Gamesaid was founded five years …

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Play.com predicts Wii U dominance this Christmas

Play.com owner Rakuten has claimed that Nintendo’s Wii U has seen a 75 per cent sales spike in October. The company predicts that Wii U and iPad will be more popular than Xbox One and PS4 amongst children this Christmas. It adds that a Twitter analysis has revealed that its …

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Atari to exit bankruptcy

A U.S. judge has approved Atari’s plan to leave bankruptcy protection a little less than a year after filing for Chapter 11 in January. The Wall Street Journal reportsthat Judge James Peck of the U.S. Bankruptcy Court in Manhattan not only signed off on the deal Thursday, but actually thanked …

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Microsoft shuts down Victoria studio

Microsoft has shut down its Canada-based studio in Victoria, leaving 30 employees out of the job. The firm told Times Colonist that the closure was part of a resource consolidation plan, adding that its working closely with all employees affected by this change to identify open positions in other studios.” …

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