Game industry business news

Analysts are debating whether turmoil across the financial markets will damage Zynga’s bid to go public. The social gaming giant, which has routinely won praise as a worthwhile investment, now faces a market gripped by anxiety. Any company with an IPO planned for this week will probably pull it,” Dow …

Sony has announced another disc-based release in the PS3 SingStar series – Back to the ‘80s. Out in time for Christmas, the disc will include 30 tracks, though the playlist has not yet been revealed. Boxed releases in the SIngStar series on PS3 include Volume 2, Volume 3, ABBA, Queen, …

Microsoft’s upcoming racer Forza 4 is now the official racing game partner of the Le Mans series. That’s following an agreement between developer Turn 10 and the America Le Mans Series, Destructoid reports. For the game itself this means that all the official cars and tracks from the racing series …

Nintendo has announced that a fresh agreement with Wi-Fi provider The Cloud will grant free access to 3DS owners. Similar to the deal brokered for DS owners, users of the machine will be able to access the internet and online functions for free from any of the network’s 5,000 hotspots. …

Activision has announced that a DS version of Modern Warfare 3 is in development at Orlando studio n-Space. However, what it has not done is announce a version for Nintendo’s new 3DS handheld. Quizzed on the reasons for the decision on their forums, n-Space said that it’s simply doing as …

Trion World Europe has lent its weight to this autumn’s Games Media Awards, in association with Grainger Games. The Rift publisher is sponsoring the pre-drinks party, as it looks to roll out a second wave of marketing for the critically acclaimed title in Q4. Trion are proud to be a …

With more violence and looting likely to come, one leading UK industry figure has called for the industry to unite in the face of unprecedented High Street disruption. I think all of us who live in Britain have been saddened, devastated and disgusted in equal measure with the events of …

Nintendo may have taken the first step toward reversing the fortunes of its 3DS by cutting the price, but further action is needed. That’s according to analyst Billy Pidgeon of M2 Research, who told IndustryGamers that a change to its boxed software pricing strategy is also needed if the console …

With the barebones bricks and mortar retail charts becoming increasingly redundant, two US bodies have joined forces to bring digital sales figures into the fray. NPD and EEDAR have announced that they are to collaborate on future retail reports so that they combine both boxed retail sales and digital expenditure. …

EA stock down 9%; Activision down 5%; Take-Two down 9%; THQ down 8%; FTSE suffers record losses