Game industry business news

The MCV iPad app has hit a new milestone this week with total subscribers passing the 6,500 mark, with 2,000 new issue downloads per week. And this week’s edition is the perfect time to check out the digital version as it includes an exclusive behind-the-scenes look at the making of …

There are lots of opinions about why the PSPgo failed to establish itself in the market, but GamesBrief analyst Nicholas Lovell believes it’s rocky relationship with retail was the chief cause of its commercial struggles. News broke earlier this week that the handheld has been discontinued by Sony. "The death …

Major sports brand joins the social network fray

Having slipped from the top of Media Create’s Japanese hardware charts last week, Nintendo’s 3DS has regained the crown it briefly relinquished. Andriasang reports that the new handheld sold 28,252 units last week. That’s actually down on the 32,910 sold the week before, but with PSP hardware sales falling 13k …

Apple has posted net profits of $5.99bn for the quarter ending March 31st – that a jump of nearly 100 per cent compared to the $3bn reported in the same quarter the year before. Revenue for the period was up 83 per cent at $24.67bn. iPhone sales were the champion …

Gamers could face a wait of up to three years before successors to the Xbox 360 or PS3 are launched, anonymous sources have supposedly told Kotaku. It says that 2014 is the date being banded about internally at both companies, though both would also consider a 2013 launch if market …

It’s far from a concrete announcement, but Nintendo has given real hope to fans that Super Mario 3DS could be released some time in 2011. Speaking in an interview with French site Gamesblog, as translated by Eurogamer, Nintendo’s design boss Shigeru Miyamoto stated: "I promise to do all I can …

PC kingpin Valve has insisted it is not interested in handing over data for a digital games chart. The Bellevue-based studio is thought to control in excess of half the PC download market. The man in charge of its Steam platform told MCV charting such content is less useful in …

Security researchers unveiled the scandalous discovery that Apple’s iPhone and iPad are recording the user’s geographic location to a secret file. Revealing the discovery at the O’Reilly Where 2.0 Conference in Santa Clara, researchers Alasdair Allan and Pete Warden said that iPhone and iPad have been "storing a long list …

In a move loaded with strategic significance, Sony is on the verge of buying digital distribution firm Ztorm. There is no official confirmation of the deal as yet, but MCV understands that long-running discussions are on the brink of a successful conclusion. Ztorm said it has no comment on the …