Game industry business news

Software Sales Monitor: Market drops 35%

The UK games retail market had a tough start to the New Year. Overall revenue generated for week one stood at 20.9m – a dip of 34.9 per cent year-on-year or 57 per cent over the week prior. Just shy of 1m boxed copies were sold last week, representing a …

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Just Dance IP grooves its way to 25m sales

Ubisoft’s powerhouse Just Dance series has now reached the 25m global unit sales barrier. The IP was propelled through this milestone by the success of Just Dance 3, which itself has now passed the 7m unit sales barrier. Ubisoft reckons that people” globally spend a collection 23m minutes playing Just …

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Ninja Gaiden 3 Collector’s Edition revealed

The special SKU for Tecmo Koei’s Ninja Gaiden 3 has been confirmed for the UK, although pricing is still to be announced. In the US it will be priced at $99.99 and sold exclusively through GameStop and EB Games, reports CVG. The Collector’s Edition will include a Ninja Gaiden 3 …

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US: Three Silent Hill games confirmed for March

Konami has announced US release dates for its trio of new Silent Hill releases, including Vita exclusive Book of Memories. This game will arrive on March 27th, boasting a fresh storyline and a co-op mode – a first for the survival horror series. But before the handheld title hits shelves, …

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Publishers to Microsoft: ‘Don’t kick us off the Flight’

Microsoft Flight could harm the simulation games market if the company doesn’t open it up to third-parties, publishers have told MCV. Firms such as Mastertronic and Contact Sales currently sell extra content for Microsoft Flight Simulator X.But its sequel Flight, a free-to-play digital PC title out this spring, will not …

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INTERVIEW: Jim Ryan, SCEE

If you’ve read any of the sensational press reports or naysaying analysts, you’ll know PlayStation Vita has its sceptics.Apparently, consumers want smartphones and tablets – not dedicated, ‘expensive’ gaming handhelds. And Vita’s soft Japanese launch is a sign that consumer tastes are changing. MCV put these concerns to PlayStation’s European …

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EA hits $1bn annual digital revenue target

In July of last year MCV ran a piece entitled Riccitiello’s $1bn digital dream”. Now, six months later, we can confirm that the EA CEO’s dreams have come true. Having confirmed the publisher’s achievement, Riccitiello described it as an incredibly important milestone". The most pleasing thing for EA is that …

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2011 US games market down 8% leaving UK as worst performer

NPD has confirmed that the US video games market declines eight per cent year-on-year to $17.02bn in 2011. That’s the same rate of decline that was seen in Japan last year, and sadly leaves the UK out alone as the worst performing video games market out of the traditional ‘big …

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£4bn wiped from Tesco value

Supermarket retailer Tesco has seen more than 4 billion disappear from its share price after issuing a profit warning and revealing that UK sales fell by 2.3 per cent over Christmas. Chief executive Philip Clarke said: "In a challenging economic environment, we made good progress internationally but despite record sales, …

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