Game industry business news

Xbox Live Spring Sale gets underway

Microsoft has kicked off its Spring Sale on Xbox Live, offering Gold and free users savings of up to 60% on several top games and DLC from now until 1st April. Included in the sale at half price are The Walking Dead, L.A. Noire and Dead Rising 2, as well …

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Battlefield 4 revealed with 17 minute single-player gameplay trailer

Battlefield 4 was unveiled today, as promised by EA, via an impressive 17-minute trailer showcasing the game’s single-player campaign. Powered by DICE’s next-generation Frostbite 3 engine, the game looks stunning as you would expect and it’s interesting that EA chose to reveal the game via the campaign, when the multiplayer …

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Global ad spend grew in 2012

After the disastrous collapse of 2009, global advertising revenue is again on the rise. That’s according to Worldwatch Institute’s Vital Signs Online service, which found that the 9.6 per cent drop suffer in 2009 in the aftermath of the global banking meltdown has been partially reversed thanks to a 3.3 …

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SoftBank to acquire majority stake in GungHo

Japanese telco SoftBank has announced its attention to significantly increase its stake in mobile gaming site GungHo. The company plans to spend 25bn ($265m) on over 73,000 shares, taking its overall share ownership from 33.6 per cent to 58.5 per cent. It will acquire the shares from Asian Groove, a …

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GAME customers name 1996 as gaming’s ‘golden’ year; Names Wii as best ever console

1996 has been named as video gaming’s ‘golden year’ by a survey of 2,000 GAME customers. Big hits released that year included Resident Evil, Super Mario 64, Tekken 2, Crash Bandicoot, FIFA 96 (which was the first in the series to use real-life licenses) and the mighty Tomb Raider. 2002 …

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Tomb Raider misses sales targets; Rogers in contention for board election

Square Enix’s big console releases are not performing as desired in the West. As part of the publisher’s latest financial report, the company described sales of Tomb Raider, Hitman: Absolution and Sleeping Dogs as weak” in both North America and Europe. Specifically, Tomb Raider has shifted 3.4m copies in three …

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