Game industry business news

HMV sells MAMA Group for £7.3m

HMV Group has confirmed the sale of MAMA Group Limited and its subsidiaries – plus its separately held interest in 50 per cent of Mean Fiddler Group Limited – to Juno Newco Ltd. The buyer is a wholly owned subsidiary of Lloyds Development Capital Limited. Interestingly, Juno Newco Ltd has …

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UPDATED: SOE president lambasts Planetside 2 hackers

No-one likes a cheat, of course, but sometimes things should maybe be put in a little more perspective. At a time when games journalists and PRs are being targeted for even the slightest mishap or risk comment, the president of Sony Online Entertainment John Smedley has embarked on a possibly …

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PS3 is Netflix’s most popular platform

Popular streaming movie and TV service Netflix has announced that Sony’s PS3 is the most popular platform with its customers. "PS3 is our largest TV-connected platform in terms of Netflix viewing, and this year, at times, even surpassed the PC in hours of Netflix enjoyment to become our number one …

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Metal Gear Rising themed PS3 scheduled for Japan release

Konami and Sony have teamed up to release a limited edition Metal Gear Rising Revengeance PS3 console in Japan. Planned for a February launch, the hardware will include a 250GB hard drive, additional colouring on the console itself and a dark blue translucent controller, as well as some additional in-game …

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Business Insider: "Microsoft can no longer afford to keep investing in Xbox"

Financial news site Business Insider has questioned Microsoft’s ongoing ability to keep throwing money at its Xbox platform. Almost one year ago today, we laid out the nightmare scenario for Microsoft that could lead to its business collapsing,” the site wrote. After laying it all out, we concluded, ‘fortunately for …

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Lay-offs issued as part of NCsoft Seattle realignment

NCsoft has confirmed an unspecified number of employees and contractors have been let go from its Seattle offices. The company, responding to an inquiry by PC Gamer, denied murmurs of the Seattle branch closing entirely, but did reveal several jobs had been cut in a realignment” effort. NCsoft is realigning …

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Resident Evil 6 multiplayer DLC lands on Xbox 360 this month

New multiplayer DLC for Resident Evil 6 has been revealed by Capcom, with Xbox 360 grabbing exclusivity of the content for the time being. Three new multiplayer modes including ‘Predator’ (a one versus all affair), ‘Survivors’ (which adds to regular versus mode by turning killed players into zombies), and ‘Onslaught’ …

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Epic Games president Mike Capps retires, remains on board of directors

Epic Games’ Mike Capps has announced his retirement from his role as president, but will stay on with the company’s board of directors in an advisory role. In a post on Epic’s official site, Capps explains that with a child on the way his transition plans include being a stay …

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Square Enix pulls controversial Hitman Facebook app

A Hitman: Absolution promotional Facebook app that challenges gamers to kill their friends because of their breast or penis size, has been pulled. The app, quite understandably, received consumer backlash when it went live earlier today. The product challenged fans to put a ‘hit’ out on their Facebook friends. Amongst …

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