Game industry business news

In the face of one of the most hostile times in the history of games retail, global games retailer GameStop has reported net earnings of $75.2m for its fiscal Q1 ending May 1st 2010 – a jump of 6.8 per cent year-on-year. Total sales were up 5.1 per cent at …

We’re giving away five copies of Namco Bandai’s upcoming action title Clash of the Titans. This competition is only open to those who work in games retail. To be in with a chance of winning, simply answer the following question: What happens to those who stare into the eyes of …

Global entrepreneur Richard Branson is set to surprise the industry when his Virgin brand returns to games next month. While the company hasn’t confirmed the news direct (although our source is watertight), I reckon Virgin’s move into online gaming proves two things. Firstly, it speaks to the relative stability, attractiveness …

Just 24 hours after it was suggested that RTS maestros Creative Assembly was developing a new sports title, anonymous sources have now claimed the project in question is an Olympics game. An anonymous source told news site Eurogamer that Creative Assembly’s Australian studio is tasked with developing a game to …

Publishing business prepares direct assault 'on the pre-owned market'

The pre-owned ambitions of Argos have seemingly taken a big stride forward with a brand new cut-price offer on two upcoming new releases. The retailer is offering either Red Dead Redemption of Split/Second, both of which are out this Friday, for just 9.99 when customers trade in two titles from …

A 13 per cent year-on-year increase in traffic is the headline figure to emerge from Future Publishing’s H2 fiscal results. The media company reported a profit of 3.6m for the period – 13 per cent up on the same period the year before. However, revenues fell seven per cent in …

A pleasingly positive report on Rockstar’s Red Dead Redemption in The Daily Mail has pegged the development budget of the game at up to $100m”. If true, the figure places the title in contention to be the most expensive game ever produced. A report earlier this year named Grand Theft …

Truth or Lies – an upcoming casual multiplayer game that uses a microphone to allegedly tell if players are lying – has been announced by THQ. The game allows up to eight users to take part in a roundtable-style experience, each answering a range of questions in turn. It uses …

The latest instalment in one of the world’s largest RPG series has finally been given a UK release date. Dragon Quest IX: Sentinels of the Starry Skies is the first in the series to be released exclusively on a handheld, and will hit DS on July 23rd. It’s scheduled to …