Game industry business news

Studio ‘overhaul’ for Ubisoft

Ubisoft has reorganised its studios, the firm said in its half-year financial earnings statement today. Although exact details were not provided, the publisher said it was "reorganizing the roles and operations of its studios" so it could "adapt its structure to the major changes in the industry". That means the …

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Music trade expo introduces new gaming & app pavilion

Looking to create the next Guitar Hero or Just Dance? You could do worse than head over to California in January for the world’s largest music products event. Held at the Anaheim Convention Center from January 13th-16th, the NAMM Show covers everything from instrument to recording technology, sound and lighting. …

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Ubi sees sales jump 57%

Sales for the first six months of the 2010-11 financial year, a period ending September 30th, came to €260m – up 56.7% (or 46.0% taking into account exchange rate variance) on the €166m recorded for the same period last year. Gross profit stood at €146.2m. Losses did increase overall – …

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Nintendo ponders Metroids future

Nintendo has admitted that it will fall far short of selling the 1m units it had predicted for September’s Wii release Metroid: Other M. The game has a respectable Metacritic average of 79 per cent and managed to finish in the September Top Ten in the US. However, despite managing …

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Asda: Publishers understand need for pre-owned

Andrew Thompson, the head of games at supermarket Asda, has told MCV that increasing competition in the games sector forced it to adopt a pre-owned games strategy. Tesco, Argos and Best Buy all let customers trade in against anything in store. And he adds that publisher’s do understand the retailer’s …

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ANALYSIS: Asda Pre-Owned

Retail’s defence of pre-owned is a simple one.Consumers trade in their games so they can buy new ones. It helps inflate sales of newly released titles, and the specialist retailers all have stats to back up this claim, too. But unfortunately that argument has broken down now the likes of …

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Fable III Understone DLC announced

Microsoft has revealed details of its first add-on pack for Xbox 360 exclusive Fable III. Owners of the action RPG will be able to purchase the Understone Quest Pack for 400 Microsoft Points (around 4) on November 23rd. The DLC includes three quests that take place in a secret town …

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NESTA fronts new publishing coalition

A consortium of eight UK studios will band together under with a mission to build their own publishing business, in a new scheme backed by key trade associations and the government. This collaboration of digital, social and independent UK developers already has the support of creative industry investment group NESTA, …

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