Game industry business news

Crytek’s Ryse, new Forza game to be new Xbox launch titles – report

Crytek’s Kinect action game, Ryse, is now a launch title for the new Xbox, as is a new Forza game with super life-like” visuals, a new report has suggested. Rumours of Ryse being moved to next-gen have been doing the rounds for a while, although Crytek has remained tight-lipped on …

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UK boxed game sales jump in March

2.67m boxed games were sold last month in what was a decent March for retail. That number is a slight 1.5 per cent drop over the same period in 2012, but it’s a big improvement over the significant declines posted in January and February. In fact, games stores generated 70.6m …

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Retail to make a killing with The Walking Dead

The High Street will find new life in the undead next month as The Walking Dead arrives on shelves. The award-winning title was originally released last year as episodic downloads by Telltale Games, with 8.5m episodes purchased by the end of 2012. Retail will be able to cash in on …

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3DS version of Ni No Kuni could be on the cards

Hopes of a Western release for a 3DS version of Ni No Kuni have been resurrected. The game enjoyed tremendous critical success upon its European PS3 release in January, but it actually debuted as a DS title in Japan back in 2010. Now Pocket Gamer reports that an un-named Namco …

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OFT to investigate in app purchases and the way publishers target kids

The Office of Fair Trading is to investigate in app purchases used in smartphone and web games. The moves is a result of concerns that some customers – primarily children – are unwittingly spending sizable sums on content in games which, when they are initially downloaded, are presumed to be …

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Prince of Persia 2 remake in the works for mobile devices

1993 release Prince of Persia 2: The Shadow and the Flame is being remade for tablets and smartphones, Ubisoft has announced. PoP creator Jordan Mechner revealed on his blog that the new game "will feature updated graphics, sound and touch controls in the spirit of Prince of Persia Classic," instead …

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Report: 2012 sees record numbers for mergers and acquisitions

The video games industry saw record consolidation in 2012, with total spending on buyouts and mergers hitting $4.2bn. Games Industry reports on research from investment bank Digi-Capital that took a closer look at last year’s acquisitions. While there were 26 per cent fewer deals during the period versus 2011, a …

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Ubisoft assumes full ownership of Anno developer

Ubisoft has announced it has wholly acquired Related Designs, one of the studios developing the publisher’s Anno franchise. The firm previously owned nearly 30 per cent of the studio, and has recently purchased the remaining 70 per cent in cash. Terms beyond that information weren’t mentioned. The company states that …

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