Game industry business news

Eidos has confirmed that it is in early talks for a potential acquisition of the publisher. The confirmation comes off the back of a share price jump for the Britsoft firm, which owns the Tomb Raider and Hitman IPs and a number of studios around the world. "The Board can …

Red Eagle has signed up with EA Partners to produce games based on Robert Jordan’s The Wheel of Time series. Under the agreement, Red Eagle will develop and publish games for consoles, PCs, handhelds and mobile platforms, including an MMO based on the themes, characters and world of The Wheel …

What was the highlight of 2008 for Sega?Alan Pritchard: Mario and Sonic at The Olympic Games. With two million games sold, you can see how that was a big deal for us. John Clark: Agreed – we re-advertised this game, which was a first for Sega, and it has proved …

Isa Anne Stamos to oversee MMO firmâ??s upcoming casual title Gatheryn

Nintendo has sold 8.3 million units of its Wii console in 2008, making it the largest annual home console seller in European history. The figure is a 58 per cent increase over 2007, and takes the total European Wii installed base to 14.2 million units. Nintendo’s DS also broke European …

KOEI has announced Dynasty Warriors: Gundam 2 will be released on Xbox 360 and PS3 in Europe on March 27. Gundam 2 is the latest game in the long-running Dynasty Warriors franchise, a series that is hugely popular in Japan. This version trades in the traditional sword-based battles for armoured …

Cats, Evita and more top stage musicals could all soon have their own video games, as the company in charge of Andrew Lloyd-Webber’s most famous brands enters discussions with video games companies. The Really Useful Group, the international musical entertainment company founded in 1977 by Lloyd-Webber, has begun preliminary discussions …

Sega and THQ’s annual Business Partners Summit has been retired after two successful years. MCV understands that both companies wanted to find alternative routes to showcase their products to European retail in 2009. Sega has confirmed to MCV that it will be switching support to this year’s less US-centric E3. …

Mock the Week star â??delightedâ?? to present 2009 event

There was more doom and gloom on the High Street this morning as two major players in the entertainment retail sector reported significant sales declines over the Christmas period, The Retail Bulletin reports. Argos suffered a 7.5 per cent like-for-like decline in the 18 weeks to January 3rd compared to …