Game industry business news

UPDATE: GAME.co.uk "down for maintenance"

The websites for both GAME and Gamestation have this morning been taken down. GAME.co.uk is down for maintenance,” a message on the site currently reads. We apologise for any inconvenience this may cause.We hope to be back up and running very soon. If you require assistance with an existing order …

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FEATURE: Toy Views

More than 384 million toys were sold during 2011, with the total market up three per cent year-on-year to 2.96 billion. The editor of MCV’s sister publication ToyNews, Samantha Loveday, gives us an overview of the business… IS THE toy industry really recession proof?” is a question I’ve been asked …

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Pachter thought Riccitiello "was a complete moron"

Beginning a guest presentation by calling your chief speaker a moron” isn’t a typical approach. But then, Michael Pachter isn’t your typical analyst. I’ve been doing one-sentence intros, but I have a couple of sentences for John Riccitiello,” Pachter said at the start of his Q&A with EA boss John …

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900k sales for Mass Effect 3 in first 24 hours

EA has confirmed that it sold 900k copies of BioWare RPG Mass Effect 3 during its first 24 hours of availability. That’s a US sales figure. We don’t know the UK sales figure, but with the game shooting straight to the top of the listings – and breaking the combined …

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Mass Effect 3 sales reinforce Riccitiello’s chilling GAME warning

Today’s success of Mass Effect 3 in the UK charts may be great news for the industry, but it’s a bad sign for troubled retailer GAME. Had the game failed to hit expectations, perhaps missed No.1 or fallen below the week one sales number of its predecessor, EA would this …

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UK CHARTS: Mass Effect 3 shatters series records

EA’s Mass Effect 3 has made a strong debut at the top of the UKIE GfK Chart-Track All Formats Top 40 this week. It amassed more sales that 2012’s four previous No.1’s – SSX, Uncharted: Golden Abyss, UFC Undisputed 3 and Kingdoms of Amalur: Reckoning. It also smashed the combined …

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GAME stock plummets below 1p

It’s a sorry Monday morning for beleaguered retailer GAME today with stock in the company dropping to an all-time low. Having closed on Friday evening at an already rock-bottom 3.51p per share, GAME’s stock opened Monday morning on a bewilderingly low 1.75p. In the minutes that followed it fell as …

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Activision wins first round in West/Zampella lawsuit

One of the two fraud charges levelled at Activision by former employees and Infinity Ward founders Jason West and Vincent Zampella has been dismissed by a US court. The remarkable story of the corporate fallout between Activision and the development pair began in March 2010 when it was revealed that …

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