Game industry business news

AUSTRALIA: Market jumps 47.8% in 2008

New data from market research body OzToys has claimed that the Australian video games market grew by an impressive 47.8 per cent year-on-year in 2008, hitting a total value of AUS $1.96bn. In 2006, by comparison, the total Australian video game market was worth AUS $928m. Unit sales grew by …

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Sony reveals SingStore expansion

SingStar publisher Sony has revealed a brand new expansion to SingStore, the digital downloads portal for its popular karaoke title SingStar, that will see a number of free and paid-for additions added to the title. Eurogamer reports that SingStar Extras will compliment the existing music track and game background selections …

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Young joins expanding Creative from EUK

Rising UK games outfit Creative Distribution has secured the services of former EUK sales manager Kevin Young, as it announces a move to brand new premises ten times the size of its current base. Young joins the Croydon-based distributor as new business manager, and will be tasked with expanding Creative’s …

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Capcom set to get serious on Monster Hunters European marketing

Japanese publisher Capcom is set to ramp up promotion for its Monster Hunter series in Europe, in an attempt to ape the success of the series in the East. The producer of the PSP Monster Hunter titles, which outsold Wii Fit and Pokmon Diamond in Japan last year, has told …

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Mums and dads spend nearly £2bn a year on entertainment

Parents spend on average 247 per child per year on digital entertainment, new research has found. The technology, media and telecoms division of Harris Interactive carried out an online survey with parents of children aged between six to 16 years old. The firm asked for details on what parents spend …

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DSGi attempting second rights issue

DSGi is reportedly looking to raise several hundred million pounds through a rights issue, which would be the second attempt this year. CEO John Browett is expected to give a statement on the firm’s operations after the firm’s financial year end, which will go some way to decided the success …

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Yu Suzuki retires from Sega R&D

Esteemed Japanese games designer Yu Suzuki has retired from his role as R&D creative officer at publisher Sega to assume a position at the company’s AM Plus division. Suzuki has produced many of Sega’s most loved titles, with a portfolio including the likes of Space Harrier, Out Run, Virtua Fighter, …

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Eidos – Getting on with it

Every now and then, interviews begin with a list of things that cannot be discussed. This is usually due to an over-zealous PR person, often American. When the shutters go up it’s not pretty or, by definition, very interesting In the case of Eidos, however, it is perfectly reasonable that …

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Mortal Kombat devs seeking Midway split

Reports are claiming that the development team behind Mortal Kombat franchise are in active talks with other publishers” over a possible split from current publisher Midway and the formation of a new studio. Kotaku reports that the 50-strong team were pushed into the move for, amongst other reasons, the withholding …

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