Game industry business news

Ubisoft revenues grow 83m in H1

Ubisoft has reported a rise in fiscal first-half sales and operating income for the six months to September 30th. However, net profit slipped in the period – down to €24 million from €30.6 million. The publisher posted sales of €344.5 million for H1, up from €261.4 million for the comparable …

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EUK heading into administration

According to the BBC , Woolworths and EUK have gone into administration, with an official announcement expected tomorrow morning. The Woolworths board met up this evening to make the decision, with Deloitte to be appointed administrators to both EUK and the High Street chain. Business secretary Peter Mandelson has been …

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Anne Diamond returns to games industry

Just six months ago TV presenter and Daily Mail columnist Anne Diamond was at the forefront of the anti-games movement – but now the former TVAM star has agreed to work with casual games leader PopCap to test whether casual games can help you lose weight. CasualGaming.biz has the full …

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Woolworths headed for insolvency?

Woolworths is ‘a few desperate hours of negotiation’ away from administration. That’s according to The Times, which quotes sources saying ‘administration is the most likely option as the retailer scrabbles to find sufficient funds to pay its monthly wage bill’. However MCV can confirm that the chain’s games buying team …

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Gamestation to open 250th store

Specialist retail chain Gamestation has announced it will open its 250th store in Meadowhall, Sheffield on Friday November 28th. The fastest growing games retailer will kick off proceedings on Thursday with an exclusive preview party, before the store opens to the public at 9am on Friday. The first 50 customers …

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Zelda director pledges to the franchise

Legend of Zelda director Eiji Aonuma has pledged his commitment to the popular franchise. Aonuma said that he’ll continue to work on the series until it matches, or surpasses, the quality of Ocarina of Time. Aonuma said: I’m happy that a title I worked on some time ago remains highly …

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JAPAN: 7m sales and counting for Wii

Nintendo is surely spending another day in cash-fuelled party mode today following another sales milestone for the firm – its massively successful Wii home console has now surpassed the seven million sales mark in Japan. The success mirrors that enjoyed by Nintendo’s console in the US. To read more, click …

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GameStop: Pre-owned games are vital to new game sales

The CEO of leading North American and global games retailer GameStop has insisted that the pre-owned sector is a vital element in the market for new games, and that moves from publishers to limit the ‘transferability’ of titles are a ‘bone of contention’ for consumers. Speaking to Gamasutra, CEO Dan …

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Netbook boom could change shape of games industry

Analysts have predicted that the boom in netbook usage around the world could drive forward the importance of casual gaming within the global games industry. Netbooks are relatively low-powered devices that thrive on their portability. Whilst they all boast excellent in-built wireless internet connectivity, many do not include internal storage …

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Xbox 360 enjoys biggest European sales week ever

Platform holder Microsoft has revealed that it ‘recently’ enjoyed its biggest ever sales week in Europe – and it’s thanking the effects of the economic crisis for the boom. A press release from the firm reads: British families are set to spend more quality time together than in the last …

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