Game industry business news

RETAIL BIZ: Modern Warfare 2 retakes console charts

MCV’s vital weekly retail digest, RetailBiz, is now available to view online and download now. Call Of Duty: Modern Warfare 2 has fortified its position in the individual format charts this week, securing the top spot on consoles. Despite its recent defeat in the All Formats Top 40 at the …

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Apple profits soar 50%

Tech lifestyle leader Apple has revealed a 50 per cent year-on-year jump in profits for the quarter ending December 26th. Income for the period hit $3.38bn, drastically up from the $2.26bn in the same period in 2008. Sales climbed from $11.9bn in 2008 to $15.7bn this time around. The numbers …

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Online retail explodes over Xmas

The Christmas break may be a time to focus on family and loved ones, but it now seems that it has become the prime opportunity for online shopping – and Xmas 2009 looks to have been the most successful yet. The Retail Bulletin reports that number from the Interactive Media …

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GoW III aiming for March 19th

Sony has told MCV that God of War III’s release date is not yet set in stone in the UK, though March 19th is looking increasingly likely to be the day that Kratos makes his next-gen debut on these shores. In the last hour reports had started circulating that Sony …

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INDIA: Games The Shop debuts

Emerging market India is on the verge of welcoming its first dedicted national chain of video games retailer with the opening of the interestingly titled ‘Games The Shop’ in Mumbai’s R-City mall. The owners plan to open an additional 15 stores over the coming year, all of which will stock …

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Google founders to sell up

The two men who set up internet and cloud computing giant Google are reportedly looking to sell their controlling stake in the tech behemoth, netting themselves around 3.4bn in the process. The BBC reports that Larry Page and Sergey Brin are preparing to sell 10m of their shares over the …

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MS hypes 360s biggest year ever

With Xbox 360 entering its fifth year on the market, the pressure is on Microsoft’s machine to keep up its strong momentum – something that Microsoft Game Studios’ corporate VP Phil Spencer believes won’t prove a problem. 2010 is shaping up to be the biggest year ever for Xbox 360,” …

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