Game industry business news

Japanese gaming giant Sega Sammy Holdings has reported a fall in both revenue and profit for the six months ending September 30th. Revenue fell to 1.2bn, a decline of 29.9 per cent. Net profit fell 83.7 per cent to 30m. Unsurprisingly the Japanese earthquake was the chief culprit in the …

Digital games developer Arkedo Studio has unveiled a new partnership” with publisher Sega. The first game to be born of the deal will be called Project Hell Yeah! Arkedo’s previous titles include Nintendo DS pair Big Bang Mini and Nervous Brickdown, as well as the Arkedo Series on the Indie …

The PlayStation 3 is to receive HD re-works of two Resident Evil light gun titles. VG247 reports that Wii titles Umbrella Chronicles and Darkside Chronicles are to be bundled together in a PS3 SKU designed for the PlayStation Move accessory. As well as improved graphics, the site speculates that both …

With its release still nearly two weeks away, a pirated version of Call of Duty: Modern Warfare 3 is reportedly doing the rounds in America. VentureBeat reports that a single disc two of the PC version of the game was stolen from a Californian shipping warehouse. It speculates that tight …

Rocksteady and Sports Interactive games first and third in UK sales chart

Nintendo will soon allow developers to create and sell virtual goods on 3DS games, according to reports. Japanese business paper The Nikkei claims Nintendo will lift its ban on microtransactions as early as November. Nintendo has yet to confirm the claim. If true, it could pave the way for a …

French publisher Ubisoft clearly sees 2012 as being a huge year for digital games sales, unveiling a huge number of new digital games at a US trade event yesterday. Several Xbox Live Arcade and PlayStation Network titles were announced which the firm hopes will build on the success of 2011 …

Samsung has become the largest manufacturer of smartphones on the planet. Shipments in the last quarter grew 44 per cent to give it 23.8 per cent of the market.The firm sold 27.8 million units in Q3, up nearly four times from a year ago, according to research firm Strategy Analytics.That …

Gamers shouldn’t be too worried about struggling to get their hands on a copy of Star Wars: The Old Republic at launch, EA has said. Despite saying it will ration” sales of Star Wars: The Old Republic upon its release to ensure it can maintain a working online service, the …

Publisher EA has countered the belief that digital will eventually cannibalise the packaged games market. The evidence, EA’s boss claims, comes from its FIFA series. FIFA has been a cornerstone of the console market for nearly 20 years but has in recent times expanded onto new platform such as iOS …