Game industry business news

Launching PS4 won’t impact Sony’s finances in the same way PS3 did

The damaging expense of launching the PS3 will not be repeated when the PS4 arrives later this year. Sony’s chief financial officer Masaru Kato told investors last night that the investment needed to design and produce PS4 was much lighter than the past platform”, according to CVG. Added Kato: When …

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Reliance announces endless running mobile game tie-in for After Earth

Reliance Games is currently working on a mobile game that will tie into the release of the Will Smith-starring film, After Earth. The running game will feature two modes – a story mode, and an endless running challenge mode. We are thrilled to work with Reliance Games to bring a …

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Sega suffers sales and operating income dip although Sonic and Aliens pass 1m units sold

Japanese publisher Sega Sammy has reported an 18.7 per cent drop in net sales for the year ending March 31st 2013. In total the numbers fell from 395,502m to 321,407m. Operating income dropped 67.3 per cent to 19,073m. However, a number of factors including sales of investment securities, employee pension …

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AMD confirms new ‘Volcanic Island’ GPUs for 2013 launch

The long-awaited Radeon 8000 series will be released this year, AMD has confirmed. It has also revealed the name the graphics card architecture will be known by – ‘Volcanic Islands’. The Sea Islands codename encompasses the PS4 chip, as well as the new mobile chips announced at CES, and the …

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Silicon Knights sell offices as Dyack confirms departure

Denis Dyack’s Silicon Knights may effectively be no more, according to new reports. Polygon believes that the studio is down to just a few employees, has closed its office and has sold off office equipment and game assets”. The studio is continuing to fight a legal battle with Epic Games. …

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The UK’s Best New Indie Retailers: Stark Computers

Our Indie Retail Month in association with Gem continues to look at the UK’s top new indie retailers with Stark Computers, one of the youngest stores in the category. MCV talks to Mark Ainsley about how the store has already outgrown its floor space. Stark Computers only opened in December …

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Xtra-Vision calls in receivers, announces 20 store closures

Irish entertainment retailer Xtra-vision has gone into receivership. InsideIreland reports that Ernst and Young’s Luke Charleton and Colin Farquharson have been appointed as joint receivers. The pair are actively seeking a buyer for the chain and claims to already be in talks with a number of interested parties”. Its first …

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