Game industry business news

Both the GAME.co.uk and Gamestation.co.uk websites have been restored. Some functionality – such as Reward points earning and spending – is not yet active, but will be reinstated soon. Furthermore, other offers such as GAME and Gamestation gift cards will likely soon also be reactivated, despite recent reports to the …

Ahead of the release of Kinect Star Wars next week, Blockbuster has confirmed its intention to run a special midnight event on the night of Monday April 3rd. Held at its Clapham store (24-28 Clapham High Street), the branch will – as well as selling both the game and the …

Law firm Thrings LLP has warned GAME customers that they may never be able to redeem any outstanding gift cards they have from the retailer. This is despite the reinstatement of both the GAME Reward Card and Gamestation Elite Card yesterday. "In essence, the administrator cannot honour a liability on …

Games cancelled amid £54m digital restructure; UK franchises expected to stay strong

Further evidence has come to light suggesting that PlayStation Orbis is indeed the current codename for Sony’s PS3 successor. Kotaku spotted images on the website of design agency Coque Design. These were labelled "Illustrations & Sketches for new PlayStation Orbis features". The showed an EyeToy like device mounted on top …

Retailer Blockbuster is continuing its revitalised push into the games space with another 4.99 offer on new releases. Customers can today buy either EA’s Tiger Woods PGA Tour 13 or Namco Bandai’s Ridge Racer Unbounded for just 4.99. All they have to do is hand over a copy of one …

Sega is expecting a loss of 54m (7.1bn) as it restructures its US and European operations. Parent company Sega Sammy Holdings has today said it will carry out a ‘structural reform’ of Sega’s consumer business. It said it will ‘streamline’ its US and European video game operations and create a …

Continued profit declines have led US technology retailer Best Buy to close 50 of its big box stores. The chain reported losses of $1.7bn for the three months ended December 31st, 2011 – a staggering decline from the $651m in profits it reports in the same period last year, according …

Ad revenue 'to represent 6% of total market'; Asia 'to drive mobile business to $7.5bn'

Popular Street Fighter producer Yoshinori Ono says he will be ‘out of the limelight for a while’ following his hospitalisation. Ono was admitted to hospital last week after his physical condition "heavily deteriorated" during a game promotion tour across Asia. "I’ll be out of the limelight as fighting game series …