Game industry business news

Is Grand Theft Auto V the most expensive game ever made?

Grand Theft Auto V – which is out NEXT WEEK, don’t forget – might be the most expensive game ever made. That’s if the numbers from a report in The Scotsman are correct. It reckons that Rockstar’s game has a combined development and marketing budget of 170m. In 2010 predecessor …

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Nintendo suffers biggest share dip for two years; "Value of Nintendo franchises may be declining"

The markets have reacted negatively to Nintendo’s efforts to rejuvenate its hardware offer. Nintendo recently cut the price of Wii U and revealed its new 2DS handheld, but the company today suffered an 8.4 per cent drop in its share price – the biggest it has suffered since July 2011, …

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OPINION: PS Vita TV demonstrates Sony’s ambition, is dangerous for Ouya

Sony surprised the industry with the reveal of PS Vita TV this morning, but what does the device say about the company’s forward thinking? Put simply, it shows that Sony has ambitions to tap into what many perceive to be the biggest growth sectors open to core gaming. An alternative …

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VIDEO: See PS4, Vita Slim and PS Vita TV in action

Sony has released a new video that shows its new PlayStation ecosystem in action. The Japanese short details not only PS4 functionality but also shows the new re-designed PlayStation Vita in action. Also seen is Sony’s surprise new reveal – the PS Vita TV. Admittedly, all of the stars of …

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Bushnell: Nintendo could be on a path to irrelevance

One of gaming’s most legendary figures has questioned the long-term future of Nintendo. Speaking to the BBC, Atari founder Nolan Bushnell warned that the Japanese platform holder could be on a "path to irrelevance" and that changes to the games market have left in a "very difficult position". "I don’t …

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