Game industry business news

Activision Blizzard: World of Warcraft lost 1.3m subs last quarter

Activision Blizzard’s MMO World of Warcraft lost 1.3m subscribers during the first three months of 2013. The firm revealed the decline in its quarterly financial report, adding that the game still boasts 8m subs and remains the number one subscription-based MMORPG in the world.” The majority of the drop-off occurred …

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Activision Blizzard reports better-than-expected earnings

Activison has reported better-than-expected earnings for its Q1 2013, but remains cautious about the hurdles that still lie ahead for the rest of the year. The publisher brought in net revenues of $1.32bn during the three month period that ended March 31st. The result was a 13 per cent improvement …

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Sony adds Indie Games section to PlayStation Store

Sony has introduced a new indie games category on the PlayStation Store, aiming to give indie devs additional exposure for their titles. This week, together with the Sony Network Entertainment team, we are happy to introduce a new indie game area to the PlayStation Store,” SCEE director of publisher and …

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Capcom thinks next-gen development costs "will soar"

Developing titles for PS4 and the new Xbox will be significantly more expensive than current-gen programming, according to Capcom. The result, it has told investors, is that release schedules – which are already experiencing quite severe levels of drought – are liable to become even leaner in the future. Even …

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GAME plots summer of events to counter video games drought

High Street giant GAME says it will reach out to software-starved consumers with a series of major events this summer. The firm responded to MCV’s story last week about a lack of games coming out over the next four months. It said it would work ‘smarter’ to entice consumers, before …

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THQ’s Rooke joins Creative Assembly

Former THQ marketing boss Jon Rooke has crossed over to the development sector as brand director at Creative Assembly. Sega has been building dedicated PR and brand teams around its key studios, and Creative Assembly already has a growing team that includes global PR manager Rebecca Attard and communications manager …

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Capcom reports reduced profits

Following the profits warning issued last month, today’s financial report from Capcom was never going to be pretty. The Japanese publisher registered a net income of 3bn for the last financial year, almost exactly in line with the modified forecast it released in April. That’s still a profit, of course, …

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Disney Interactive was Disney’s only loss-making business during last quarter

Perhaps this explains why Disney decided to ditch LucasArts? Disney has reported a ten per cent increase in profits for the first quarter of 2013 with net income climbing 32 per cent to $1.5bn. In fact, it was all good news for Disney with one exception. Disney Interactive posted a …

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GTFO: A Film About Women in Gaming hits Kickstarter target

Shannon Sun-Higginson is celebrating the Kickstarter success of her movie GTFO: A Film About Women in Gaming. The project, a documentary about the abuse suffered by female gamers and female games industry professionals, has successfully reached its $20,000 target. At the time of writing it stands at $28,500 with 52 …

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EA confirms Frostbite 3-powered Star Wars games… but not this year

Publisher EA has said it won’t be releasing any Star Wars games in its current fiscal year, which ends March 31st 2014. EA earlier this week announced a deal with Dinsey to produce core games based on the famed sci-fi licence across consoles, PC, mobiles and tablets. It has now …

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