Game industry business news

Woolworths’ largest shareholder Ardeshir Naghshineh has called the demise of the retailer unnecessary”, and talked of his frustration over the collapse. Naghshineh has also talked of the terrible shame” of 30,000 people losing their jobs – as administrator Deloitte profits from the retailer’s downfall. He told Sky: "It seems a …

Electronic Arts has announced that The Godfather II will be released in the UK on March 6th, as well as revealing new in-game content that will be exclusive to anyone who pre-orders the title. Consumers who pre-order from selected retailers will be given an exclusive crew member to hire into …

We ask: * Garry Williams, Business Development Director, Mastertronic; * Simon Reynolds, European Games Director, Avanquest Software; * Craig Johnson, Managing Director, Focus Multimedia;* Paul Andrews, Chief Executive, Entain8.Industry pundits have been predicting the death of the PC market for years, but it seems that budget is playing a key …

Sainsbury’s has announced that it enjoyed its best ever Christmas period, boasting strong performance and healthy increases in sales during the third quarter of its financial year. The supermarket reported that total sales for the three months ended January 3rd had risen by 4.8 per cent, or 5.3 per cent …

Big Fish Games’ popular hidden object series Mystery Case Files is to make the move to consoles with the release of Mystery Case Files: MillionHeir on Nintendo’s portable DS on February 6th. MCV’s sister site CasualGaming.biz has the full story – click here to take a look.

Asda has stressed to MCV sister site PC Retail that it is ‘confident’ that customers of its Asda Direct operation will not be affected by the collapse of one of its key electricals suppliers, Miller Brothers. "We are confident our customers will not lose out," a spokesman for the supermarket …

Zavvi will cut prices of all items in store by up to 50 per cent from Friday, January 9th. According to the firm’s administrator Ernst & young, the further reductions will come off prices that have already been discounted. Unlike Woolworths’ end-of-life sale, which left many shoppers annoyed at the …

Zavvi administrator Ernst & Young has closed 22 of the retailer’s UK stores – leading to the redundancy of 178 employees. That brings the total of Zavvi employees now without a job to 241, after 69 staff lost their jobs at the retailer’s London HQ last week. The Joint Administrators …

Shortlist for â??gaming Sundanceâ?? confirmed

Sony has confirmed on its North American PlayStation Blog that a significant update to its PlayStation Home service will go live this week – brining with it the intriguing Red Bull Air Race island . The sponsored space will feature a number of branded Red Bull events, with the headline …