Game industry business news

Konami reveals Metal Gear Solid Touch

Japanese publisher and developer Konami has finally revealed the meaning behind its Metal Gear teaser earlier this month – and as predicted by one eagle-eyed reader, it is indeed a new iPhone and iPod Touch outing. Metal Gear Solid Touch is an original title based on the characters and events …

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Midway makes move to cut costs

Midway has unveiled a new cost reduction plan which will see it reduce its headcount by 25 per cent – which amounts to some 180 developers. The publisher will close its Austin, Texas studio and also see lay offs at its San Diego office. Click here to see the full …

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£8m loss for Comet

Kesa Electricals has revealed that its UK chain Comet made a half-year loss of 8.1m for the period up until October, with the retail chain blaming deteriorating market conditions for the results. That was in stark contrast to its 10.6m profit for the same period in 2007. MCV’s sister publication …

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Atari lives

When Atari’s new CEO David Gardner and president Phil Harrison this summer told MCV that they were planning to rebuild the company around online games and not boxed product, there must have been a large contingent of readers who thought that this effectively meant the restructuring publisher was cutting its …

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Silent Hill coming home in February

Konami will finally release Silent Hill Homecoming, the latest iteration in the company’s long-running survival horror series, on February 27th next year. The eagerly anticipated game is the sixth in the series and will be released on both PS3 and Xbox 360, marking the franchise’s first appearance on current generation …

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Phones 4U enters games market

Mobile phone specialists Phones 4U and sister company Dial-a-Phone have launched new e-tail games sites in conjunction with The Hut. Entitled Games 4U and Click-a-Game, the websites sell a range of new and back catalogue Wii, DS, PC, PS2, 360, PlayStation 3 and PSP titles, as well as consoles and …

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Rebuilding begins for Atari UK

ATARI is looking for more staff and an increased market share in the UK, as its rebuilding process prepares to kick in during 2009. Alberto Gonzalez Lorca is now managing director of the Atari Atlantic region, which includes the UK as well as Spain, Nordic and Latin America. We are …

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Metallica: Video games and music industry to merge

Metallica’s Lars Ulrich and Kirk Hammett believe collaborative projects between bands and video game developers, such as the upcoming Guitar Hero: Metallica, could lead to the music and games industries merging. In an interview with USA Today, the celebrities were asked what they think of video games as a music …

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System 3 reveals SuperCar Challenge

Publisher System 3 has announced a follow-up to PS3, Wii, DS and PS2 racer Ferrari Challenge, though this time the series is set to be a PS3 exclusive. SuperCar Challenge is built on the same engine as the former title, and will include 40 vehicles including the Aston Martin DB9, …

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