Game industry business news

Investors abandoning interest in Star Wars: The Old Republic

Namco Bandai has generated gross profit of 1.3bn (167.5bn) for its financial year ending March 2012, but expects fewer games to arrive over the next 12 months. This represents a year-on-year increase of around 20 per cent. Meanwhile, net sales jumped 15 per cent to 3.5bn (454.2bn), and net income …

Richard Wilson, CEO of games industry association TIGA responds to criticism from Zee-3 and Pickford Bros co-founder Ste Pickford, arguing that there is value in being a member of a network of developers and digital publishers

Sony doesn’t intend to bring the Crystal White PlayStation Vita to European shores. As reported earlier, the white version of the handheld will launch in Japan on June 28th. But at this point in time Sony says it will not arrive elsewhere. We do not have plans currently to bring …

PC hit Minecraft has been given the alcoholic drinks treatment by gaming caf Loading. The Cornwall-based company – which was nominated for the Star Store MCV Award earlier this year – produced the themed drink set using 81 shot glasses and 162 measures of alcohol. It’s been built as a …

PopCap and Playfish also developing casual titles

Microsoft faces China import ban; Legal fees so far 'could finance a small country'

Neelie Kroes 'observing political reality' by playing down treaty's chances of success, says spokesman

'Britain is being frozen out of the next industrial revolution' says former BT CTO

Yet another retailer has made a new move for video games market share – Blockbuster. Called Blockbuster VIP Gamer, the retailer boldly claims its new loyalty program will provide gamers with the most rewarding experience in the gaming market”. Unlike other schemes this new offer doesn’t just reward consumers for …