Game industry business news

Valve retail sales on track to surpass 36 million

Valve has published sales figures for the past decade, revealing how much each of its titles have sold at retail. From the original Half-Life to recent release Left 4 Dead, the company claims to be nearing the 36 million mark. The statistics were published in the latest issue of US …

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Modern Warfare 2 heads Activisions 2009 lineup

US publisher Activision-Blizzard has revealed a number of its key titles for the upcoming year, including confirmation of exactly what form the next Call of Duty will assume. A presentation at a conference held by in-game ads firm Massive revealed that Infinity Ward’s next shooter will be a direct sequel …

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Square makes late Eidos bid but Warner in pole position

A battle between East and West looks set to decide the future of Eidos. MCV understands that both Warner Bros and Square Enix are ready to mount rival acquisition bids this month for the ailing British publisher. Although national press reports have fingered EA and Ubisoft as potential buyers, nose-tappers …

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Young: iPhone games aren’t good enough

Whilst the Apple Apps store has been a monumental success for the iPhone platform holder since its arrival earlier this year, games priced at $9.99 or above have struggled to make much impact on the service – something that former EA exec Neil Young believes is down to the quality …

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Weak Pound forces Sony price rises

Leading global electronics manufacturer Sony has confirmed that the lessening value of the Pound has forced it to raise the trade price of many of its products – though it has insisted that the price of its PS3 is staying put. The Pound has lost 40 per cent of its …

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Pinnacle falls into administration

Video games distributor Pinnacle Software and parent Pinnacle Entertainment have today lapsed into administration, MCV has learnt. The company’s bosses were told the news this morning, and are currently in emergency meetings. After being set up by MD Peter Sleeman back in 1992, Pinnacle Software went on to create the …

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US: Evangelists draw up Xmas games buying guide

Self titled ‘conservative Christian’ Florida-based investment firm The Timothy Plan has published a Christmas shopping guide for parents that is designed to alert them to potentially offensive content in many games currently on the market. Whilst the appearance of titles such as Grand Theft Auto IV, Silent Hill: Homecoming, No …

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Online to dominate festive retail

Convenience is coming in ahead of lower prices” this Christmas according to market researchers at Ivobank. Consumers were surveyed ahead of the frantic buying season and the verdict was returned that as many as 88 per cent (29.09 million people) confirmed they plan to buy at least one Christmas gift …

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Michael Phelps game in development

In a recent airing of the long running American television news magazine 60 Seconds, Olympic gold medal winning swimmer Michael Phelps was profiled, revealing the news that he is to be the subject of a video game. While no other details of the title have been revealed, Phelps, who smashed …

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