Game industry business news

THQ reports disappointing Q1, abandons Red Faction

Just a year ago Red Faction was being touted as THQ’s golden child. It had a TV series on SyFy, it had a brand new game that hoped to build on the success of the impressive Red Faction: Guerrilla. But how quickly things change. Last night THQ reported a disappointing …

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PS3 hardware sales down year-on-year

Sony sold 1.8m PS3 consoles in the quarter ending June 30th 2011. That’s around 600,000 fewer units than it sold in the same quarter last year. It’s a disappointing result for a machine that has shown such momentum in the last two years and looks set for a fantastic 2011, …

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3DS Euro price cut from August 12th, free games announced

Nintendo of Europe has confirmed it will be reducing the Europeantrade price of 3DS to retailers by around a third from 12thAugust 2011. The news is part of the hardware’s global trade price reduction initiative. Nintendo does not set the price for hardware or software in Europe so "the ultimate …

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Nintendo announces AU/NZ price drop for 3DS

Nintendo Australia has confirmed its plans to drop the suggested retail price of the 3DS in Australia and New Zealand, starting 12th August. The current SRP for the 3DS is AUD$349.95, and the price drop will see it retailing in Australia for AUD$249.95 or NZD$343.99 in New Zealand. Nintendo Australia …

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Nintendo cuts 3DS price

40 per cent has been knocked off the price of the Nintendo 3DS just five months after its launch – and similar cuts are on the way for Europe and the US. Nintendo, speaking in its quarterly financials today, said it was dropping the price after lower-than-expected sales of the …

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Captain America marketing starts today, 2 weeks after release

SEGA released Captain America: Super Soldier in Australia and New Zealand two weeks ago, but its marketing campaign kicks off today alongside the film. The heavy TV campaign started airing today, with 15 and 30 second spots on cable channels including Showtime Action, Movie One, Fox 8, MTV and others. …

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GAME expands its experiential retail concept

After a positive reception to its new ‘experience zone’ in Parramatta, GAME has confirmed to MCV its plans to rollout the design in multiple other retail stores. GAME Parramatta had its experience zone installed in June this year, which allowed customers to play around with 3D TV, Kinect and other …

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PSM3 gets redesign, promises ‘smarter Playstation gaming’

PSM3 Magazine Australia&NZ is undergoing a design change which Future Publishing promises will have active QR codes linking to digital content. PSM3 has been running for two years with Australian / New Zealand specific content. Its first redesigned issue featuring a Battlefield 3 cover lands early next month, and has …

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Wii U can do anything PS3 and Xbox 360 can do

Nintendo has released a new build of its Wii U dev kit and EA VP Andrew Wilson has said that, in terms of raw power, the new Nintendo machine can rival or perhaps even surpass what’s seen on Xbox 360 and PS3. I think we’ll be able to do anything …

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