Game industry business news

Sony will not bury the axe into its games division as the company prepares to slash some 10,000 jobs from its global entertainment empire, Develop understands. Information of the company’s restructuring operation suggests that the television, marketing and chemicals business will bear the brunt of the cut-backs. Targeting a six …

Valve will pursue its experiment with the free-to-play games model with a new plan to release its upcoming game DOTA 2 for free, the company’s managing director has said. Gabe Newell claimed Valve is not applying a wholly conventional freemium model for the online action strategy game.Usually, freemium games are …

Ten years of MCV Awards and, yep, things have changed. Even the most leaden-footed industry will have evolved in that time. But there was a sense last night of more shifts than usual over these past 12 months – and not just to a new venue. As the curtain rose …

Microsoft servers fail to keep up with demand

Activision will on Sunday hold what it is describing as a live outdoor advertisement” for upcoming action title Prototype 2. Taking place at an iconic London location” at 9:00pm on Sunday 22nd April, the game will recreate a gruesome and bloody confrontation” between the game’s stars. The performance will last …

Ubisoft owned developer RedLynx has said that its recent Xbox Live Arcade release Trials Evolution was downloaded over 100,000 times on day one. In fact, so high was the appetite for the game that publisher Microsoft has been forced to draft in additional servers. The game was released on Wednesday, …

Konami has revealed its first teaser for PES 2013. The video itself reveals little, and contains no gameplay footage. What it does have, however, is none other than former Manchester United pretty boy and current Real Madrid frontman Cristiano Ronaldo. Ronaldo, of course, would under normal circumstances be known as …

Attendees of last night’s MCV Awards 2012 were treated to a big-screen look at EA’s upcoming shooter Medal of Honor: Warfighter. The trailer gives a taste of the high-octane action including in the game, including several major cities and LOTS of explosions. The new Medal of Honor is due out …

Anonymous sources are claiming that a contract dispute is behind the delay of Prey 2. Bethesda yesterday dispelled rumours that the game had been canned, though did concede that it had been delayed to some point in 2013. Now ShackNews claims to have word from a secretive insider that the …

But the studio's co-founder hopes for future partnerships