Game industry business news

Lauder Partners is new OnLive owner; Over half of staff "non-hired"

Existing OnLive investor Lauder Partners has been revealed as the new owner of the cloud gaming company. The value of the deal is unknown. Although the staff of and investors in OnLive are left with little doubt as to the value of their assets – absolutely nothing. Lauder Partners is …

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Team NSD wins Asia E-sports Cup India

Baroda-based Team NSD destroyed all opposition on its way to winning the finals of the Asia E-Sports Cup 2012 India finals for Counter-Strike 1.6. AEC 2012 saw 167 Clans from 13 cities participating in the qualifiers, and the finals were held recently in Navi Mumbai. Team NSD beat off competition …

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Steam top ten sellers chart: August 12-18

Valve has announced Steam’s top selling titles for the past week, with the latest in the Counter-Strike franchise holding its position at the top of the heap. ArmA II (runner-up) continues to sell as well while in the midst of many happenings for its popular DayZ mod. Elsewhere on the …

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Rumour: Black Ops 2 Wii U outed on LinkedIn

A Linkedin profile of a Treyarch QA tester suggests Call of Duty: Black Ops 2 will be making its way to Wii U. IGN dug up the resume in question that states the employee has been working on both the PS3 and Wii U versions of the game since May. …

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DotA 2 documentary unveiled as Valve’s movie project

Valve has confirmed previous reports and teases that the company is in production on a gaming-related film, unveiling a documentary focused on pro circuit players competing in the annual Dota 2 tournament The International. Gabe Newell revealed that his company is producing the film on GTTV late last week, providing …

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UPDATED: 1,600 users – the story of OnLive’s collapse starts to emerge

The truth about OnLive’s demise will take time to emerge – but already a solid picture is being formed. And at the heart of it are user numbers. OnLive has never given out detailed user numbers, beyond vague statement of phenomenal interest” and growing user bases”. But if the numbers …

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OnLive demise confirmed; ‘New’ OnLive hiring percentage of old staff

After a night of wild rumour and corporate denials, the demise of OnLive in its current form has been confirmed. And as suspected, a new company has emerged as part of pre-agreed bailout deal that will continue to operate the OnLive name and services. We can now confirm that the …

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UPDATED: Judgement day nears for OnLive, though it denies closure

Streaming games company OnLive has been forced to publicly deny reports that it is on the brink of closure. It started with a tweet from InXile Entertainment’s Brian Fargo, who bluntly stated that: Just received an email that OnLive is closed as of today!” This was followed by a report …

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IGN president quits, but will remain on the board

Roy Bahat, the president if IGN, has today resigned from his post. In an upbeat memo sent to all staff, he confirmed that he will remain on the board, but that CFO David Martin will become acting president. He said: "David has my and our Board’s full confidence. Before joining …

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IN BRIEF: What’s Happened Today? (August 17th 2012)

We’ve got more news trickling out from this year’s Gamescom. Capcom has some big plans in the works for its new IP, Remember Me. The publisher is planning on working with developer Dontnod on turning it into a long-term brand. Bohemia Interactive spoke about its fears on fan blacklash when …

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