Game industry business news

Nvidia names former Microsoft exec as new CFO

Nvidia has announced the appointment of Collette Kress as the company’s new executive vice president and chief financial officer. A 24-year veteran of the tech industry with a resume, Kress boasts a stout resum that includes work with Texas Instruments as well as executive stops at Microsoft and –most recently …

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Report: Sega purchases Atlus parent company Index

Sega Sammy Holdings will reportedly acquire publisher Atlus’ parent company Index later this year. According to a Nikkei Japan report translated by Gematsu, the deal will be worth roughly $140m and take place sometime in November. Reports last month had Sega among 20 individual companies competing to purchase Atlus outright …

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Blizzard to remove Diablo III Auction House

Blizzard has u-turned on its declaration to keep the real-money and gold auction houses as a fixture in Diablo III, announcing that both will be removed in March 2014. Speaking in a development update, production director John Hight and game director Josh Mosqueira revealed Blizzard’s plans to remove the controversial …

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Wilson steps up as new EA CEO

After six months, the search is over, EA’s board of directors has picked the firm’s new CEO. EA Sports boss Andrew Wilson has been named the firm’s new exec leader, announced by the firm in a corporate blog post tonight. According to board executive chairman Larry Probst, EA has been …

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Another EA price hike; FIFA 14 now Rs 3,799 on consoles, Rs 2,799 on PC

EA game prices have received another updwards adjustment, but while the earlier hikethat caused a bit of an uproar was a strategic decision by the publisher, this time it’s due to unfavourable foreign exchange rates. FIFA 14 is now priced Rs 3,799 on PS3 and Xbox 360, and Rs 2,799 …

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Sony: We don’t do mid-sized games any more

A lot has been written about PlayStation’s remarkable journey over the last few years. It has turned PS3 into a winner after a tumultuous launch, and has seemingly denied Xbox an easy win on the start of the next generation. But its real victory lately has been reengaging with the …

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Skylanders revenue hits $1.5bn

A day after Disney hailed the success of Disney Infinity, rival Activision has emphasised the on going dominance of its own toy/games crossover brand. The publisher has announced that the Skylanders IP has to date generated over $1.5bn in global revenue and has been the best selling console and handheld …

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Here’s how to upgrade to next-gen Call of Duty: Ghosts

Those wanting to buy both the current and next-gen versions of Call of Duty: Ghosts have a number of options open to them. The process is slightly different depending on which version you opt for you, according to Eurogamer. PS3 copies of the game, which is out on November 5th, …

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2m mentions in 24hrs for Grand Theft Auto V on Twitter

As well as taking retail by storm, Grand Theft Auto V has also dominated social networks. Twitter UK has revealed that in the last 24 hours alone Rockstar’s game has been mentioned more than two million times on the service. GTA V has also been gaining wide attention across the …

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