Game industry business news

Midway haemorrhaging cash at an alarming rate

Midway owner Mark Thomas, who bought the publisher for $100,000 last December , has admitted that Midway’s cash reserves are rapidly depleting. In a filing unearthed by GamePolitics, Thomas states: Midway has an immediate need to access and use AHS’s Cash Collateral [another company owned by Thomas]. Nor can it …

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Trophies arrive on PlayStation.com

PS3 platform holder Sony has once again upped the online integration of user’s PS3 gamer IDs with its online portal by adding support to view Trophies on the website. Once logged in with their PS3 ID, users are now able to browse all of the Trophies won in PS3 games …

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Campaign Of The Week: Killzone 2

RETAIL BIZ: The long-awaited Killzone 2 continues to ride high after its successful UK debut, and Sony is keen to maintain the game’s momentum. The critically acclaimed FPS title seized the No.1 spot in the ELSPA GfK-ChartTrack All Formats Chart this week , and is supported by an ongoing 2 …

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JAPAN: Yakuza 3 sells 300,000

The lead developer of Sega’s underground gangster romp Yakuza 3 has stated that since its Japanese release on February 26th the game has sold 300,000 copies. Kotaku reports that the number already makes the game one of the PS3’s all-time Top Ten best sellers, though it still lags behind the …

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Limited Edition red 360 controller unveiled

Microsoft has unveiled a limited edition blood red Xbox 360 controller and Play & Charge kit bundle. The set will be released to coincide with the release of Capcom’s Resident Evil 5, which is due to hit shelves on Friday March 13th, and the pack has an RRP of 39.99. …

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Halo 3 surpasses 1 billion online matches

Bungie has revealed that more than one billion online multiplayer matches of Halo 3 have been played since the game was released. The landmark was passed on Saturday, February 28 and means that the game has outperformed Halo 2, which has currently racked up approximately 768 million matches played – …

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Codemasters outlines Formula One vision

After omitting the game from its big 2009 announcements last month , publisher Codemasters has told MCV of its plans for its upcoming Formula One title. Our game is an opportunity to bring F1 back on multiple platforms to a broader marketplace,” marketing vice president Alex Bertie told MCV. Our …

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INTERVIEW: Codemasters

You’re both relatively new to Codemasters. How does it compare to your previous roles? Jeremy Wigmore: Coming from old Atari to this, it was quite eye-opening. In a good way. The product line-up is Euro-centric, that’s very encouraging. There is a lot of UK-made stuff that will sell. And we …

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Pirate Bay prosecutors call for jail term

As the trial of the owners of BitTorrent site The Pirate Bay enters its third week , prosecutors have called for a one-year jail term to be imposed on the men in the dock. Frederik Neij, Carl Lundstom, Peter Sunde and Gottfrid Warg are all accused of promoting copyright infringement …

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Killzone becomes 4th fastest selling Sony game

As well as claiming the top spot in the ELSPA GfK-ChartTrack All Formats Top 40 this week, Killzone 2 has become the fourth fastest selling Sony published title ever in the UK. It didn’t quite nab the PS3 crown, however, having to settle for second place the fastest selling stakes …

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