Game industry business news

The biggest challenge for Nintendo and the 3DS was always going to be advertising a feature that can’t be shown via traditional mediums. And that’s exactly what Nintendo president Saturo Iwata has blamed for what he describes as lower than expected sales of the device. "Nintendo 3DS has not been …

With the catastrophic security failure that has blighted PSN all over the national press this morning, Sony has attempted to address the main criticism currently being thrown its way – why did it wait six days to inform customers? "There’s a difference in timing between when we identified there was …

Chris Bell will become GAME’s new non-executive chairman on June 15th. He takes over from current chairman Peter Lewis, who is retiring. Bell has been a member of the GAME board since 2003 and currently acts as senior independent director. His previous employers include Ladbrokes and Allied Domecq. "Under Peter’s …

Peter Lewis, the outgoing chairman of retailer GAME, has insisted that the chain remain competitive and is in a strong position despite falls in both sales and profit in the last financial year. Key for GAME is the fact that it held or increased its market share in all territories …

Retailer GAME has reported profits in line with its January forecast, though it has suffered notable drops in both sales and profits for the year ending January 2011. Turnover fell from 1.772bn to 1.625bn, with overall sales falling 8.3 per cent year-on-year. UK & Ireland sales fell by 12.8 per …

Sony opens up on a massive network breach

Security alert as millions of PlayStation Network users are told of â??maliciousâ?? attack

PlayStation platform holder Sony has confirmed many users’ worst fears – the intrusion” that saw PSN taken down last week has resulted in some personal information being compromised and the theft of some data. We have discovered that between April 17th and April 19th 2011 certain PlayStation Network and Qriocity …

Company warns: Sensitive user information may be exposed from 'malicious hack'

Warner Bros Seattle studio boss to head Brighton conference's business track