Game industry business news

Saturo Iwata takes control at Nintendo of America

Nintendo’s global president Saturo Iwata is taking on a second job – CEO of Nintendo of America. The move is unexpected considering the relative strength of Nintendo’s American performance in its otherwise disappointing financial results released this morning. Current NoA boss Tatsumi Kimishima is to become Nintendo’s global MD and …

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Nintendo misses income target by half, posts second successive annual loss; Wii U sells 3.45m units

As predicted by analysts, Nintendo has failed to return to profitability and posted its second successive annual loss. For the year ended March 31st net sales reached 635.422 (4.2bn) – 5.2 per cent short of the company’s 670,000m (4.42bn) forecast. Net income missed its 14,000m (920.3m) target by a whopping …

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Farming Simulator ripe for console success

Koch Media expects retailers to harvest plenty of sales from the upcoming console version of Farming Simulator 2013. Heading to Xbox 360 and PS3 in September, the cult hit has sold more than 800,000 units globally since the PC SKU launched in November. It has been a regular in the …

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So Deep Silver went ahead and shipped the Dead Island Riptide Zombie Bait Edition regardless

We sincerely regret this choice.” Those were the words of a Deep Silver rep in January of this year following the backlash that greeted its unveiling of the Dead Island Riptide Zombie Bait Edition. For those who don’t remember, the SKU comes bundled with a bust of a dismembered female …

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VIDEO: Oculus Rift + omnidirectional treadmill = the future of gaming?

If immersion is your currency, then it’s hard to imagine a richer setup than this. The video below depicts users playing Valve’s Team Fortress 2 using touted virtual reality headset Oculus Rift, a compatible gun controller and a prototype Virtuix Omni omnidirectional treadmill which, as the name suggests, allows users …

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VIDEO: Ratchet & Clank movie coming in 2015

Sony’s Ratchet & Clank franchise is getting the big-screen treatment. The film, due out in 2015, is already in production at Blockade Entertainment and Rainmaker Entertainment. It’s being penned by T J Fixman, who was also the author behind the pair’s recent games outings. The truth is, we’ve wanted to …

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Nintendo: This is the year of the 3DS

The 3DS story has been one fraught with ups and downs. A high price, coupled with negative press reports, a poor launch line-up and confused advertising forced Nintendo to cut the console’s price just three months after launch. The 3DS’ unique selling point – a 3D screen – quickly lost …

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