Game industry business news

Cowen & Company’s VP Doug Creutz has estimated some 1.5m in console sales recorded during Mass Effect 3’s launch month of March 2012. Creutz described the release window as ‘challenging’ for the title in an investor note via GameSpot. The analyst also reaffirmed Michael Pachter’s recent predictions that software sales …

Sony has announced it anticipates a $6.4b loss for the past year (ending in March 31st), upped from a previously announced forecast of $2.7b. Those math magicians can work out that’s a $3.7b difference in the wrong direction. The news follows Japanese outlet Nikkei’s report that Sony may be about …

Two days left to pledge support for developers

'We'll continue to support UE3 for as long as it makes sense for us to keep doing it', says Mike Capps

Guild Wars 2’s biggest fans can play the game early by buying the title in advance. Fans who pre-purchase one of the upcoming MMO’s three editions (Standard, Digital Deluxe or Collector’s) from today, will be able to access all Beta weekends and will gain access to the product three days …

Epic’s Cliff Bleszinski says that the existence of on-disc DLC is an ugly truth of the gaming industry” that won’t change until the transition to digital. The subject of on-disc DLC was thrust into the limelight again recently when Capcom admitted that DLC for Street Fighter X Tekken is already …

Almost three quarters of all Metal Gear Solid gamers play the titles on the PlayStation family of consoles. Last month the Metal Gear Solid franchise went into three dimensions with Metal Gear Solid: Snake Eater 3D.The series receives consistently high praise and celebrates its 25th birthday this year. This week …

The CV of a character animator at Rockstar North has apparently suggested that Grand Theft Auto V will be released in October 2012. Joystiq reports that the CV of Alex O-Dwyer has since been removed – as has the reference to the date on his LinkedIn profile. Other than GTA …

Work had begun on a sequel to People Can Fly’s Bulletstorm but the project has since been cancelled, it has been revealed. Bulletstorm came out in early 2011 and was well received by critics. And now the president of People Can Fly owners Epic, Mike Capps, has said that the …

Vox Games, as it has been called since its announcement in January, has now received its official branding – Polygon. The idea, the site claims, steams from the Greek poly gonia”, meaning many angles – this is supposedly a reflection of the editorial strategy put in place by the new …