Game industry business news

DSGi aims for rights issue boost

DSGi is preparing for a rights issue, a process in which share holders are encouraged to buy new shares, which could raise it hundreds of millions of pounds. Apparently, the final decision whether to go ahead will not be made until it has concluded discussions regarding the sale of some …

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ELSPA applauds ASA findings

ELSPA has praised its members after the Advertising Standards Authority found that 99 per cent of commercials created for video games were done so responsibly”. Following a report launched on the back of the Byron Review, UK regularity body the ASA assessed broadcast and non-broadcast ads for video games that …

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UK industry off to a flyer in 2009

The UK software market has kicked off 2009 by thrashing last year’s January performance – and overtaking Japan to become the second biggest territory in the world. GfK-ChartTrack revealed this week that the UK software market grew by 26 per cent in 2008 – leaving it ahead of Japan in …

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Ex-Vivendi employees launch self-promotion site

A group of former Vivendi employees sidelined during the Activision Blizzard merger have banded together to create a new website , Talented People. The site is essentially a directory of the former Vivendi Games Europe employees, giving them the chance to promote their skills and knowledge. It is hoped that …

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Eidos steps back from casual gaming

Britsoft publisher Eidos has parted ways with casual games developer Gimme5games, with Matt Spall’s outfit pledging to carry on operating as an independent web and casual studio. The move signifies Eidos’ intention to focus on its cornerstone franchises such as Tomb Raider going forwards and to move away from the …

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Recession threatens new IP push

Responding to claims from EA that it’s recent financial troubles will not spell the end of its renewed commitment to original I P, Wedbush Morgan’s Michael Pachter has admitted that he fears for the recent trend for innovation and new ideas. Developers can’t afford to take risks,” he told Kotaku. …

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EA: Well carry on taking risks

Despite announcing poor Q3 financial results and some high-scale company restructuring last week, publisher EA has pledged to not backtrack on its newfound love of original IP and fleshing out new ideas. We can take risks because we are pretty sure our blockbusters are going to generate good revenue that …

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Activision to join the Wii family revolution

Publisher Activision Blizzard has launched a new label of Wii family games dubbed Fun4All, with the drive kicking off next week with six Wii exclusives hitting retail. The range includes Pirates: Hunt for Blackbeard’s Booty, Monkey Mischief, Block Party, Pitfall: The Big Adventure, Little League World Series Baseball and World …

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