Game industry business news

Eidos is banking on Tomb Raider: Underworld to prove its new studio-led business model can compete with the best in the industry – and is eyeing the No. 1 chart position in the lead up to Christmas. The company last week announced that the title, developed by Crystal Dynamics, would …

Forget the iPod, iTunes or even commercial radio, video gaming is increasingly becoming the platform of choice for the music industry. At least that’s according to Alex Rigopulos (pictured), CEO and co-founder of Rock Band creator Harmonix, who feels that consumers interacting with music is far more likely to stimulate …

You only have to look at the headlines streaming through MCV in recent months to know why this is being described as the games industry’s age of consolidation. If it’s not 92 per cent of Activision’s shareholders voting for a merger with Vivendi, it’s the gripping – and titillating – …

Midway has set its sights on Mortal Kombat vs. DC Universe becoming the biggest fighting game yet on next-gen systems after the game enjoyed a rapturous reception at E3. The game pits the Mortal Kombat characters against heroes from the world of DC Comics, including Superman and Batman. The E3 …

President Capps says studioâ??s future â??must be a mix of our start-up past and blockbuster presentâ?

Revenues for Vivendi’s games division have dipped 11 per cent year on year – with the publisher blaming the drop on the lack of World Of Warcraft release this year. The firm made €444 million in the period (US 698m), down from the €500 million (US $786 million) it posted …

Nintendo has for the first time admitted that the limited 512mb internal memory stored inside the Nintendo Wii is beginning to pose a problem, and has stated that it is looking to address it. NoE’s MD of marketing Laurent Fischer famously said last month that geeks and otaku are the …

In a blog post on its website discussing the upcoming PAX games expo, Halo developer Bungie has confirmed that it is currently working on three new projects – but added that it won’t be making any big announcement at the Penny Arcade event. The news comes after the developer confirmed …

You only have to look at the headlines streaming through MCV in recent months to know why this is being described as the games industry’s age of consolidation. If it’s not 92 per cent of Activision’s shareholders voting for a merger with Vivendi, it’s the gripping – and titillating – …

Rumour has it that Nintendo approached Sony to develop a CD-ROM add-on, tentatively titled the SNES-CD. However, on closer inspection former Nintendo Chairman Hiroshi Yamauchi decided the contract was unacceptable and secretly cancelled all plans. Sony decided to use what they had developed so far and make a standalone console …