Game industry business news

Gaming firms battered in Fortune tech flop list

EA’s Spore might have been getting some love from US magazine Time , but fellow mag Fortune has seen fit to include the title in its list of ‘9 top tech flops’ for this Christmas. Other gaming companies mentioned include Microsoft and Sony, though not for their gaming output – …

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Spore is TIMEs 20th best invention of the year

High brow US cultural magazine TIME has named EA’s Spore as the 20th ‘Best Invention of 2008′. ‘The retail DNA test’ took top spot in the list, followed by ‘The Tesla Roadster’ and ‘The Lunar Reconnaissance Orbiter’. Of Spore, the magazine said: ‘It’s blasphemy, brilliance or both to take the …

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GTA IV topples LittleBigPlanet in Japan

Though the stats have yet to be officially validated, online sales tracker VGChartz is reporting that Rockstar’s Grand Theft Auto IV has thoroughly outsold Sony’s LittleBigPlanet in the pair’s first week of sale. GTA IV, which is published by Capcom in Japan, sold 104,000 copies in its first week – …

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Call of Duty 4 rocks Golden Joysticks

Those in attendance at today’s 26th annual Golden Joystick Awards are currently getting stuck into the after-show drinks, with the Activision-Blizzard crowd most rapturous as the publisher celebrates a triumphant afternoon in London. Call of Duty 4: Modern Warfare scooped no less than four awards in total, winning the Nuts …

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Booty becomes permanent Midway CEO

Matthew Booty has been appointed by the Board of Directors at Midway as permanent President and CEO of the company. Booty has served as interim president and CEO of Midway Games since March this year. Booty joined Midway in 1991 as an engineer and programmer, in the year Midway launched …

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Burnout Paradise: The Ultimate Box revs its engine

EA has announced a brand new version of Criterion’s popular Burnout Paradise for both Xbox 360 and PS3 that is heading to the shelves in February next year. Burnout Paradise: The Ultimate Box will include both of the major bits of DLC received for the game so far – namely …

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JAPAN: PS3 sales slump further

Proving that it’s sales popularity is anything but a passing success , Xbox 360 has outsold PS3 for the sixth week in succession in Japan this week, according to figures from Media Create. Microsoft’s machine sold 7,844 units for the week ending October 26th – nearly double the number of …

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Cost of Beatles deal was very rich

Though the exact numbers remain unknown, the chairman and CEO of Sony/ATV Music Publishing Martin Bandier has told Variety that the deal struck between MTV and Apple Corp for the recently announced Beatles game involved figures previously unheard of in the games industry. Bandier stated: There have been mutterings from …

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Belgium outlaws game rentals

The UK trade is familiar with the arguments surrounding the knock-on effects of the rampant trade-in market on the UK High Street – but Belgium authorities have decided to instead clamp down on game rentals in an effort to help the games industry. Kotaku reports that stockists in Belgium have …

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