Game industry business news

PS3s problems are being resolved

The president of Famitsu publisher Enterbrain, Hirokazu Hamamura, believes that PS3’s slow penetration” in Japan is improving – but that it could still use a price cut before year end. Speaking exclusively to Famitsu media partner MCV, Hamamura said: The PS3’s penetration pace has been slower than I expected. Its …

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Media Darlings

The last time we spoke the Japanese market was in decline – has there been a recovery? Nintendo’s DS and Wii attracted a huge amount of new users into gaming. As a result, Japan’s gaming market has actually greatly expanded. How is the Japanese market performing in general, and what …

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Xbox 360 £169 on Play.com

Play.com is selling the Xbox 360 Premium console for just 169.99 in the UK – 30 less than the console’s SRP. However, Microsoft has distanced itself from the price drop, telling VG247 that it wasn’t a first-party directive. That must be their own deal,” said a Microsoft rep. It’s nothing …

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Investors dont give a sh*t about quality, says Riccitiello

EA CEO John Riccitiello has said that, as far as game content goes, his investors don’t give a shit about quality”. Riccitiello was speaking in an E3 interview with Venture Beat, in which he also asserted that Metcritic scores were a good way to judge the quality of EA’s games …

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SCi to post £100m FY losses

Eidos parent SCi expects to post a 100 million loss for the 2007/2008 financial year – which it calls a period of ‘restructuring and transition’. The news came in the firm’s trading update this morning, in which it also revealed that it is to sell off its Spanish distribution business, …

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Iwata: Were improving Wiis online service

Nintendo boss Saturo Iwata has admitted that there are flaws with Wii’s online Friend system – but reassured consumers the company is working hard to improve the service. Speaking to GameDaily, Iwata admitted that Wii’s system of Friend Codes was not perfect” – but that it gave parents of new …

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SCi: ‘Were in good shape’

In a trading update released ahead of its fiscal 2008 financial results release on September 15th, SCi chief executive Phil Rogers has stated that the UK publisher is in good shape following a number of recent structural changes. Revenues are expected to hit 134 million, with losses of no more …

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UK CHARTS: Indy proves his fitness

Though it’s not been out of the top three since its release seven weeks ago, LucasArts’ LEGO Indiana Jones: Original Adventures has returned to the top of the ChartTrack All Formats Top 40 this week for the first time in four weeks. It replaces Nintendo’s ever-popular Wii Fit, which slips …

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Hirai reassures 40GB PS3 owners

Sony boss Kaz Hirai has moved to reassure European consumers who recently purchased a 40GB PS3 – telling them they still have a very powerful”, high capacity machine. Talking in the wake of SCEE’s announcement that it would be phasing the 40GB model out in Europe to make room for …

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First UK Best Buy stores unveiled

Best Buy looks set to go head-to-head with DSGi after it emerged that one of the launch locations would be the same retail park that its UK rival is currently trialling its big box format store in. The locations of the first four stores are Bath Road Retail Park in …

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