Game industry business news

Peter Mandelson arrives in Second Life

The UK Labour party has become the latest governmental institution to turn to online social world Second Life in effort to spread its word to a brand new audience – and a 3D representation of Business Secretary Peter Mandelson has been chosen to front the venture. For the complete story, …

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Trivial Pursuit coming to next-gen

US publisher EA is set to bring family board game favourite Trivial Pursuit to a host of games platforms this March, with versions planned for Xbox 360, PS3, Wii, PS2, mobile phones and online on Pogo.com. CasualGaming.biz has the complete story – click here for more details.

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EA to make a move for Glu?

Rumours are circulating that Electronic Arts is considering the acquisition of specialist mobile games rival Glu following the notable activity of the mobile firm’s stock on Nasdaq last week, which traded 65 per cent higher on double normal trading volumes while the index as a whole fell. For the full …

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50 things to look out for in 2009 Part 2

2008 was a year filled with top new games, record breaking sales and high drama. MCV provides 50 reasons why 2009 is set to be even better. In this part, we look at numbers 25 to 1… Click here to read the full feature.

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Star Ocean PSP arriving next month

Publisher Square Enix has confirmed that PSP exclusive RPG Star Ocean: Second Evolution will be released in Europe and PAL territories on February 13th. The Star Ocean series debuted in 1996 on the SNES, with this new PSP version being a remake of PlayStation sequel, Star Ocean: The Second Story. …

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LucasArts denies Indiana Jones cancellation

LucasArts has insisted that its physics-based next-gen Indiana Jones title has not been scrapped despite recent reports to the contrary. IGN yesterday claimed that multiple sources” had informed it of the title’s cancellation, with the development team being reallocated to other projects. However, a LucasArts spokesperson issued a statement to …

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Cafe.com sells Boonty to Nexway

Casual games portal Boonty, which is owned by US-based Caf.com, has been sold to French digital content firm Nexway for an undisclosed amount. Boonty co-founders Mathieu and Roman Nouzareth claim that the sale will allow them to focus on their other social games site Caf.com. The news was exclusively revealed …

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PS3 price cut nearly here?

Games analyst Michael Pachter has predicted that Sony will slash the price of the 80GB PS3 in North America from $399 to $299 this April. The news follows reports in the Japanese press claiming that Sony will report a $1.1bn operating loss for its financial year ending March 31st. The …

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Annual losses expected at Sony

PS3 platform holder Sony is expected to post an operating loss of $1.1bn for its financial year ending March 31st, according to Japanese business daily the Nikkei. Reuters reports that the loss could be as high as $2.2bn depending on how the next three months pan out for the firm. …

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Tesco endures worst Xmas since 1990s

Tesco has reported a like-for-like sales rise of 2.5 per cent for the seven weeks to January 10th – its smallest Christmas rise since 1993. The supermarket has announced plans to create 10,000 new jobs by December despite the setback. The like-for-like sales discounted gains from new stores. Total group …

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