Game industry business news

Channel Island VAT loophole closed

Low Value Consignment Relief will no longer apply to goods sent to the UK from the Channel Islands, the Government has announced. The controversial tax loophole is used by many of the biggest UK online retailers – most famously Play.com, The Hut Group, Asda and Amazon – to dodge millions …

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Exchange rates pull Ubisoft from profit to £32m loss

Paris headquartered publisher Ubisoft has reported a 32m loss for the first half of the financial year, despite preventative measures to curb expenditure. Revenues for the most recent three months, ending September 30th, were positive. Ubisoft sold 125m of goods for this period, up by about 40 million year-on-year and …

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Wii U could support two tablets after all

Nintendo engineers are working hard to upgrade Wii U so that it can simultaneously support two tablet controllers, sister site Develop understands. Nintendo and development partners had previously indicated that only one tablet controller could work with the system, due to technical limitations. But Develop’s source, speaking on the condition …

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DC Universe popularity surges 1000% after F2P switch

DC Universe Online has seen a 1,000 per cent increase of concurrent users since going free-to-play on the November 1st. The superhero MMO, managed by Sony Online Entertainment, has also gained 330,000 new players since the switch from a subscription model. The 1000 per cent rise suggests the game had …

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Batman: Arkham City gets PC release date

Warner Bros Interactive has finally dated the delayed PC version of critical and commercial hit Batman: Arkham City. The game will be released on the format in the UK on November 25th. The Xbox 360 and PS3 versions of the title hit UK retail October 21st and was welcomed with …

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Call of Duty: Elite suffers day one struggles

Hundreds of thousands of gamers are playing Call of Duty: Modern Warfare 3 RIGHT NOW, but the game’s launch has not been completely without hiccups. Call of Duty: Elite, the social network that will accompany the brand going forwards, is currently facing a number of issues as it struggles to …

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COUNTDOWN TO LONDON GAMES CONFERENCE: Last chance to book

Time is running out to secure your place at Thursday’s London Games Conference. The full schedule for the event is now online to read outlining the excellent talks we have planned from Valve’s Jason Holtman, Xbox Live’s Robin Burrowes, GameStop’s Mike Mauler, Sega’s John Clark, plus Nicholas Lovell, Nick Parker, …

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