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 …
Read More »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 …
Read More »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. …
Read More »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 …
Read More »GAME appoints new executive director
GAME has appointed Terry Scicluna as executive director, after joining the firm on October 15th 2008 as chief operating officer. Scicluna joined GAME from Alliance Boots, and has 30 years experience in retail. He has previously worked as managing director of UniChem and as COO at Alliance Pharmacy. He has …
Read More »UK economy suffering frightening deterioration
A survey conducted by The British Chambers of Commerce have found that the nations’ economy is in the midst of a frightening deterioration”, with December’s High Street numbers proving the worst since the body began monitoring them in 1989. The BCC went on to predict that official government figures set …
Read More »REVEALED: UK console installed base hits 22 million
The total console installed base for the UK has leapt to 22 million year-on-year, up from 13.5 million reported in January 2008. The results were revealed in GAME’s Christmas trading statement, citing Gfk-ChartTrack data, which shows that sales of Xbox 360, Wii and PS3 consoles have jumped from 4.7 million …
Read More »GAME reports strong sales performance
GAME says its trading performance over the Christmas period has defied ‘challenging trading conditions’ showing a rise in group sales of 16 per cent. The games specialist this morning provided an update to investors on its trading over the six weeks around the holiday and 50 weeks up to January …
Read More »LazyTown running after video game deal
The rights owner of globally popular kid’s TV show LazyTown is actively seeking development and publishing partners to bring the franchise to the world of gaming. A statement reads: Today’s computer games enable children and their parents to be a lot more active than ever before and they can now …
Read More »50 things to look out for in 2009 Part 1
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 50 to 26… Click here to read the full feature.
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