Game industry business news

EA says NPD stats "totally irrelevant"; NPD defends itself

It’s an irrelevant measure on the industry. It’s totally irrelevant. We don’t even really look at it internally anymore.” Those are the thoughts of EA Labels boss Frank Gibeau, who claims that the current perception of a games industry in trouble is mistaken. "I think one of the problems with …

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NPD: $3.4bn spent in US during Q1 2012, nearly half via digital

Telling signs of the consumer shift to digital in the US have arrived courtesy of NPD’s latest report. The report covers Q1 2012, with over $3.4bn spent on gaming for the period. Out of that total $1.38bn, just over 40 per cent, was linked to digital purchases across all platforms. …

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NPD: Europe’s Q1 used, digital and social market worth £798m

The combined sales of the used, rental, digital and social games markets was worth 798m across the UK, France and Germany, says a new NPD report. The combined sales of used and rental games content totalled 191.5m. Meanwhile, digital sales, which included full games, add-on content, subscriptions, mobile and social …

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VIDEO: Sony announces PlayStation Move Racing Wheel

Sony has shown off its latest peripheral the PlayStation Move Racing Wheel. The wheel utilises Sony’s motion controller to create a racing wheel for driving, motorcycles and flying. It features adjustable handles, a twisting grip for motorcycle games and rumble on each side. Games that will support the wheel include …

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Analyst predicts iPad mini launch this October

Apple with this October launch an iPad Mini to rival Google’s new Nexus 7, a US analyst has predicted. The new device, Pacific Crest analyst Andy Hargreaves told CNet, will boast a 7.85 inch screen, carry 8GB of internal storage and retail for $299. Hargreaves predicts sales of 10m in …

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Assassin’s Creed III Limited Edition announced for North America

Ubisoft has revealed a Limited Edition of Assassin’s Creed III exclusive to North America and Latin America. The extras-enhanced version of the upcoming title will release on both Xbox 360 and PS3, while a Digital Deluxe Edition with its own share of goodies is currently in the works for the …

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THQ fends off NASDAQ delisting through reverse stock split

With its position on US tech exchange NASDAQ under threat, THQ has confirmed that it is to instigate a reverse stock split. The process means that every ten shares in the publisher will be converted into a single share, effectively raising the value of said shares. The move will reduce …

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MS made ‘Conscious’ effort to downplay Kinect at E3

Microsoft intentionally let the Kinect controller take a backseat at E3. With its strategy this year being about core games, entertainment services and SmartGlass, the format holder seemed happy to only demo Kinect voice functions in new blockbusters. And that was the point, Microsoft Studios boss Phil Spencer told MCV, …

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