Game industry business news

GameStop has reported the second highest summer quarter in the company’s history. For the three months ending August 1, 2009, GameStop achieved net earnings of $38.7 million, second only to $57.2 million for the same quarter last year. However, sales took a 3.7 per cent decrease from $1.80 billion last …

Despite yesterday’s warning from retailer Amazon that the new PS3 Slim is likely to be in short supply come its release next month, SCEE president Andrew House has claimed that his firm has ensured that the transition from the old to the new will be seamless I’m very pleased with …

Sony says retailers should expect a major increase in PS3 sales when the new slimline console arrives next month with 50 off the price. Speaking to MCV at the inaugural Gamescom trade fair this week, SCEE president Andrew House said that the firm was closely tracking its prior activity on …

GameStop is enthusiastic about the upcoming launch of Sony’s PSPgo, claiming the new handheld will be a profitable source of revenue. The US retail giant discussed its plans for the new format during its latest quarterly financial call, according to IGN. The company’s executive vice president of merchandising and marketing …

The RETAIL BIZ Previews section can be found by clicking here. The latest batch of MCV previews is now available online, offering a guide to some of the biggest releases approaching retail. This week, Nintendo’s Professor Layton and Pandora’s Box marks the imminent return of last year’s best-selling DS puzzler. …

The firm is expected to make indie-friendly royalty rates for DSiWare games

Outspoken EA boss John Riccitiello has heaped praise on Sony for not only dropping the price of its PS3 console, but also for the timing of the move. It’s a bold move done precisely at the right time,” he told the Chicago Tribune, as spotted by VG247. Consumers will likely …

Sony’s soon to be released PS3 Slim is already at the top of the Amazon pre-order charts in both the UK and North America – and the retailer is warning that shortages of the console are likely come its release next month. Gamasutra reports that Amazon has contacted those who …

The GAME Group has publicly applauded Sony’s PS3 price reduction, predicting that the console will enjoy a major sales boost this Q4 as a result. Sony this week revealed that it would bring a new, slimmer PS3 model into the channel next month. This SKU, dubbed the ‘PS3 Slim’ will …

Activision Blizzard’s Blur, the publisher’s first high-profile entry into the crowded racing genre, will be released in Europe on November 6th, it has been confirmed. The game will be released a few days earlier in North America on November 3rd. Blur is being developed by Bizarre Creations, the team behind …