Game industry business news

Morgan Stanley fined over Facebook IPO

Financial services corporation Morgan Stanley has agreed to pay a $5m fine to settle charges that it improperly handled crucial information regarding Facebook’s earnings ahead of the social network company’s dreadful initial public offering. A Massachusetts securities regulator charged that Morgan Stanley coached Facebook on how to present lowered earnings …

Read More »

The War Z devs defend Steam release, says players "misread" product description

The executive producer of The War Z has apologised for the furore that has surrounded the release of the game on Steam, although it’s clear that he thinks much of the criticism is unfair. MCV reported yesterday that users had taken exception to a number of claims made in the …

Read More »

Godus faces nail-biting Kickstarter close as it nears £450k target

Peter Molyneux’s Godus faces a tense last two days as the Kickstarter project slowly closes in on its 450,000 target. At the time of writing Godus stands at 418,000 – just 32,000 short of its goal. But with only 56 hours to go, it’s very much squeaky bums time down …

Read More »

EA holiday sale drops top iOS games to Rs 55

Several iPhone and iPad games from EA Mobile have dropped down to just Rs 55 as the publisher kicks off its holiday sale. Games such as Need for Speed: Most Wanted, FIFA 13, Burnout Crash, Monopoly, Scrabble, Mirror’s Edge and more, many of which normally retail for Rs 270, are …

Read More »

Resident Evil 6 multiplayer modes out now on Xbox Live

Three new multiplayer modes for Resident Evil 6 are now available exclusively to Xbox 360 owners. The three modes include: Predator: A series of quick fire rounds, where up to six players take turns as the Ustanak with full access to its weapons, while the others must avoid capture or …

Read More »

First Star Wars: The Old Republic expansion skips retail

BioWare is working on the first major add-on or its Star Wars MMO, The Old Republic – but it won’t be coming to the High Street. The Rise of the Hutt Cartel is due for release this spring and will only be available via download, according to IGN. The title …

Read More »

Wargaming.net targets Brits in World of Tanks campaign

London commuters might have noticed Winston Churchill and Oliver Cromwell riding a cartoon tank in recent weeks. It’s an eye-catching ad and one that’s part of a massive games marketing campaign, but it’s not for the traditional war games like Call of Duty or Medal of Honor – it’s for …

Read More »

What the top Google searches say about the industry in 2012

It may come as no surprise that core games and Q4 blockbusters were among the most common search terms of the year when it comes to gaming. Google supplied MCV with an alphabetised list of the Top 10 console video game queries from January 1st to December 11th 2012, and …

Read More »