Game industry business news

Oberon bags $20m investment

Credit crunch? What credit crunch? Wall Street worries aren’t stemming the flow of cash into the games industry – I-Play onwer Oberon Media has just scored a $20m boost from a Chinese investor. The Infinity I-China Fund has stepped up to help Oberon with its push into the Chinese gaming …

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15,000 attend E For All

E For All Expo, held in Los Angeles over the weekend, attracted 15,000 visitors. That’s according to organiser IDG World Expo, which has called the event a great success”. "E for All 2008 was all about connecting great game companies with gamers and gamers with great games, and we’re happy …

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Microsoft CEO: Xbox Live is going gangbusters

Microsoft CEO Steve Ballmer has singled out the firm’s Xbox business as its one recent unqualified success”. Despite some negative questioning in today’s San Jose Mercury News interview, Ballmer remained positive – saying that Xbox Live in particular was going gangbusters”. Ballmer called 360 a home run” before sticking up …

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‘Asda could buy EUK overnight’

But without backroom staff or buying muscle, how do you expect Asda – which has 12 months to go on a two-year EUK deal – to handle Christmas alone? Same goes for Sainsbury’s, Zavvi and Morrisons. Some publishers say they’re waiting for Woolworths to collapse and take EUK with it. …

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Asda considers bypassing EUK

Asda has asked around 15 of its entertainment distributors to set up direct accounts, should its relationship with Woolworths-owned buying team EUK ‘suddenly deteriorate’. And the supermarket has even admitted that it could be tempted into buying EUK as a last resort. That’s according to Cue Entertainment, which reports that …

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Dubai the way

If naming all PAL territories were a pub quiz question, the Middle East would be the answer everyone would be kicking themselves for forgetting come the pint’n’pig snacks break. With piracy and typically harsh censorship rife, it’s little wonder that the region has never won status as a particular priority …

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Iwata: DSi not a reaction to iPhone

Nintendo president Satoru Iwata has detailed some of the functions of the new DSi, whilst dismissing the idea that the product is reaction to the success of iPhone or the technologoical ability of PSP. In an interview with Nikkei Net, Iwata said that instead the goal was to make the …

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Probst becomes US Olympic Chair

EA chairman Larry Probst has been named the new boss of the US Olympic Committee (USOC). Probst, who recinded his role of CEO at EA after 23 years when John Riccitiello took over the role last year, becomes chairman of the organisation. The 10-member Olympic Board chose Probst in a …

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DS Lite still has huge untapped potential

In an interview with Wired.com, Nintendo of America’s executive vice president of sales and marketing Cammie Dunaway has stated that the unveiling of DSi doesn’t mean the end of the DS Lite. When asked whether DSi would replace DS Lite, Dunaway said: Right now we’re still working through what the …

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