Game industry business news

The PSN crisis may be distant memory in the West, but it’s a different story in Japan where full restoration has finally been confirmed for this Wednesday (July 6th). Though most PSN services were restored in the country around the same time they were reactivated in the West, the Japanese …

It’s the silent success story of modern gaming. It’s growing. It’s bigger than you realise and it becomes more influential every day. And it believes video games should be free. That’s the realisation that could well this morning be hitting the industry’s top level execs right in the face following …

It has been a tough year for the games industry, but not for Take-Two. Why do you think that is?Fiscal year 2011 was a terrific 12 months for Take-Two. We generated substantial revenue growth and earnings. Our strategy is to produce a select number of triple-A titles and support them …

Casual games giant makes first move towards stock flotation

Staff claim publisher probably always planned to close studio since last year's layoffs

Call of Duty and Assassin’s Creed may have proved that the annual release model can be a success outside of the sports genre, but analyst Michael Pachter has warned others about following the model. "We question the strategy of annual franchises for any game except sports simulations," he said in …

US analyst Michael Pachter believes that the PS Vita will achieve what the PSP did not and eat into Nintendo’s handheld market share. However, it’s not all good news – he also predicts that the overall portable games market will decline at the expense of smartphone gaming growth. "We continue …

2007 PC title Crysis could be due for a long-awaited console release on Xbox 360. That’s if the rumours coming from Korea, and published by Kotaku, are found to be correct. A new listing from the Korean ratings board lists Crytek’s game for the console and names the publisher as …

UK studio Media Molecule has revealed that it’s work on Sony’s LittleBigPlanet franchise is over. For now at least. According to a Tweet from Edge, the studio’s Siobhan Reddy told at audience at Barcelona’s GameLab 2011 event that: We’re stepping away from Little Big Planet to focus on some new …

The previously announced free-to-play update for Funcom MMO Age of Conan has gone live. Massively reports that the change arrives alongside a host of new content for the title, including two new dungeons as well as new solo and raid missions. Conan continues what has become a tidal wave of …