Game industry business news

Price cut could double Wii sales

Despite falling sales and the announcement of its successor, Nintendo reckons that Wii may have only hit 50 per cent of its potential lifetime sales. We all know that the PS2 continued to sell in big numbers despite the arrival of newer hardware, mainly due to its significantly decreased ticket …

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Sony accuses Anonymous in PSN hack case

The fanatical online activist group Anonymous has been named by Sony as a suspect of the PlayStation Network data breach. We discovered that the intruders had planted a file on one of our Sony Online Entertainment servers named ‘Anonymous’ with the words ‘We are Legion’,” the company said. The "we …

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SWTOR removed from EA release schedule

As of last night, Star Wars: The Old Republic no longer appears in EA’s release schedule. Earlier this year MCV revealed that EA was targeting a September 2011 release for the game. The story was greeted with disdain and abuse from a large contingent of BioWare’s fanbase in the MCV …

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Mass Effect 3 delayed

EA has confirmed a delay for BioWare’s anticipated RPG release Mass Effect 3. Previously the game had been scheduled for a holiday 2011 release, but as part of its financial report last night EA confirmed that the game will now ship at some point in Q1 2012. Developer BioWare has …

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EA slashes losses with strong Q4

Publisher EA has reported an annual loss for its last financial year of $276m – that’s a 59 per cent improvement on the $677m lost in the year before. Revenue reached $3.59bn, which is slightly down on last year’s $3.65bn. However, Q4 was strong with revenues up over 400 per …

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Direct2Drive hits Germany

Digital games retailer Direct2Drive has announced the launch of a German version of its popular portal. Found at www.direct2drive.de, the site is currently in beta though already boasts titles from the world’s largest publishers such as EA, Activision and Ubisoft. As a welcome gesture, the site will be offering customers …

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UKIE sponsoring Dare to be Digital

UK games trade body UKIE has been confirmed as the sponsor of this year’s Dare to be Digital video games design competition. Run by University of Abertay, Dundee, the competition received some high-profile backing earlier this year when it was endorsed by the Livingstone-Hope skills review. UKIE is delighted to …

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Mobile games claim half of all game downloads

Digital games downloads for mobile games devices now account for around half of all full game downloads. That’s according to a new report entitled Online Gaming 2011 from US stats body NPD. The figure does not include money spent on micro-transactions or game add-ons. Mobile gaming represents one of the …

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Stringer’s position under threat

The positions of both chief executive SIr Howard Stringer and corporate executive officer and executive VP Kaz Hirai are under threat as a result of the ongoing PSN saga. That’s the opinion of two fund managers speaking to UK newspaper The Guardian. "The way Sony handled the whole thing goes …

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