Game industry business news

Silent Hill: Book of Memories on Vita delayed

Silent Hill: Book of Memories will miss its March 27th release date, and it appears it’ll be months before we see the survival horror franchise’s debut on the PS Vita. Online retailers Amazon and Gamefly have both listed a May 31st placeholder release for the title, but at the moment …

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Report: GAME talks collapse, administration sell-off imminent

Talks to save GAME have reportedly collapsed, with reports suggesting that it will enter administration tomorrow when an immediate sell-off of assets will begin. The Express reports that the move will trigger a sale of GAME’s most valuable assets in what it describes as the biggest retail failure since Woolworths”. …

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Royal Bank of Scotland tables GAME bid, papers claim

It appears to be a day of conflicting newspaper reports, with The Sunday Times reporting that RBS has offered to buy GAME out of administration. It follows a report in The Express, which says the deal to save GAME has collapsed. The Sunday Times writes that the state-owned bank is …

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HMV exits Channel Islands and returns to UK

HMV will close its Guernsey warehouse and now run its website from the UK. It follows the end of Low Value Consignment Relief (LVCR), which has allowed online retailers to sell goods tax-free into the UK. As of April 1st, there will be no tax advantage to having a warehouse …

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‘One clear front runner’ for GAME

There is one clear front runner to buy GAME as part of a post-pack administration, sources close to the administrators have told MCV. GAME is not officially in administration yet. The High Street chain will name Mike Jervis and Stuart Maddison of PWC as their administrators. According to the Financial …

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UK games retail revenues drop to £14.1m

UK games retail generated 14.1m last week – a dip of 21.2 per cent from the 17.9m made during the week prior. Unit sales also dropped 11.2 per cent to 570,969 forthe week ending March 17th. EA continued its chart dominance last week with four games in the Top Five. …

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ANALYSIS: Nintendo 3DS – One Year On

Following the phenomenal success of Nintendo DS was always going to be a tall order. The handheld has sold 13m units in the UK alone since its 2004 debut, making it the largest-selling games machine to hit the market. One year ago this coming Sunday (March 25th), Nintendo’s answer to …

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PC downloads cross the tipping point in the UK

Digital downloads now represent more than half of all PC games sold in the UK and the US. Sony DADC, which powers the download services of over 25 retailers and publishers like Metaboli and EA, says this figure will only rise. The firm’s Matthew Hatton, who looks after sales for …

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UKIE targets "total" market coverage for download charts

UK games industry trade body UKIE wants to cover 100 per cent of the digital market with its charts. The first ever PC download chart was issued earlier this month, with EA’s Star Wars: The Old Republic crowned No.1 for January. The data is compiled directly from publishers and currently …

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