Game industry business news

Blueshore Global Equity acquires 8% of GAME’s shares

A company called Blueshore Global Equity has today acquired 29m GAME Group shares, giving it an 8.35 per cent stake in the retailer and limited voting rights. Blueshore, a global equity fund based in New Jersey, was founded in 2006 by Harsha Gowda. It specialises in equity and pooled investment …

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FEATURE: Rush to cash in store credit could expedite GAME demise

GAME’s Spring Clean sale has certainly proved popular with customers. But has it helped or hindered GAME’s current plight? Go into any GAME or Gamestation outlet today and ask customers what they are doing. Many will tell you they’re using up the last of their store credit in case GAME …

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Kid Icarus not available at GAME

Nintendo’s 3DS title Kid Icarus: Uprising will not be stocked at GAME or Gamestation. The confirmation comes from Nintendo, which lists Argos, Asda, Blockbuster, Tesco, Dixons Stores Group, GameStop, HMV, ShopTo, Sainsbury’s, Smyths Toys, Toys R Usor online at Amazon, The Hut, JohnLewis.com,Littlewoods.com,Play.com andzavvi.co.uk. Nintendo joins the likes of EA, …

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Win an Xbox 360 and Kinect… by dancing

Have you got The Moves? Are you a Dancing Queen (or King)? Prove it and you could take home an Xbox 360 Kinect bundle and Just Dance 3. Ubisoft has teamed up with MCV to host a special games industry dance-off, marking the approaching release of new Wii compilation Just …

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REPORT: HMV denies "receiving extra EA support" amidst GAME crisis

There is a sad truth to the seemingly inevitable demise of GAME Group – it’s potentially good news for other video game retailers, in the short term at least. But more than simply picking up GAME’s lost sales on key titles such as Mass Effect 3 and Street Fighter X …

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Resident Evil 6 pre-orders smash series records

Pre-orders for this November’s Resident Evil 6 has surpassed the performance of all previous entries in the popular franchise. The game was announced back in January with a surprise reveal trailer and Capcom reports that fans have flocked to stores to secure a copy. "The pre-orders for Resident Evil 6 …

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Future Sonic 4 episodes canned

Sega has revealed it has no more plans to continue Sonic 4 beyond the upcoming Episode II. The first episode of the download-only platformer was released way back in 2010, and the second is due for release later this year. Beyond that, there will be no more outings for Sonic …

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FIFA Ultimate Team patch bolsters security

EA is cracking down on scammers with an update for FIFA 12 which includes new security and game features. It predominantly affects the game’s Ultimate Team online mode, which allows players to buy, sell and trade virtual player cards for in-game coins, or purchase packs for real money. There have …

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Microsoft: Gamerscore reset problem resolved

An error that caused gamers to lose their Xbox Live achievements and Gamerscores has now been fixed, Microsoft says. Yesterday hundreds of Xbox 360 owners had reported that their Gamerscore had been reset to 0, while their gameplay history and specific achievements had seemingly disappeared. Microsoft says this was due …

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