Game industry business news

Leading UK games retailer GAME has announced that current group finance director David Thomas is leaving his post and will be replaced in July by Ben White. Barratt leaves to become group finance director at Barratt Developments. White will leave his current post of group reporting and investor relations director …

Turntable peripheral and new mass-market music IP from Activision Blizzard arriving this autumn

UK retailers and publishers are closely monitoring the spread of Swine Flu in Los Angeles ahead of E3 – as the region’s Governor Arnold Schwarzenegger calls a State of Emergency. However, the expo’s organiser, the ESA, told MCV this week that the show is progressing as planned”.So far State and …

Publisher Namco Bandai has told MCV’s sister site CasualGaming.biz that the upcoming PS3-exclusive Katamari Forever will be a boxed title in Europe. Click here to take a look.

Reports of job cuts taking place at Microsoft’s in-game ad firm Massive Inc are wildly inaccurate”, according to a company spokesperson. On Wednesday news emerged that Microsoft’s sustained cost-cutting measures had resulted in a 75 per cent workforce reduction at its in-game advertising firm Massive. Speaking to Develop, a company …

As part of today’s financial results, Nintendo has revealed some impressive sales numbers that demonstrate the true impact of leading IPs such as Wii Fit and Brain Training. In its last financial year Nintendo sold 26m Wii consoles, bringing its lifetime sales to over 50m. 31m DS consoles were sold …

In contrast to some of the severe losses suffered by the world’s biggest publishers last year, Wii and DS platform holder Nintendo has posted record numbers for its financial year ending March 31st. Full-year profits hit YEN 279.1bn ($2.8bn), an increase on the YEN 257.3bn seen in the year before. …

The Eurogamer Expo will return in the form of individual London and Leeds events this year, which will also boast on-site HMV shops. The entertainment retailer has signed on both as sponsor and official retail partner for the consumer show, which debuted last year. Eurogamer’s Expo kicks off on October …

THQ reported an annual net loss of $431 million, a considerable drop from its $35 million loss the year prior. THQ Chief Executive Brian Farrell opened the company’s earnings conference call on Wednesday by stating it had been a disappointing year for the California-based publisher. Sales sunk to reach $830 …

There are a few spaces left for the Charity Spa Day next week, so sign up now if you fancy a day of networking and relaxation with other execs from the likes of Nintendo, Gem, Microsoft, Ubisoft, EA, Sony, Best Buy and GAME. The 2009 annual Charity Golf and Spa …