Game industry business news

Developer Slitherine is to publish its own titles on PC and consoles from January 2009, and has raised an initial sum of €5 million to kickstart its move into the sector. The strategy games specialist has ‘already started a strategic development plan to approach the retail market’, says a freshly-released …

Liverpool based firm New Concept Gaming has unveiled jOG, an add-on gadget that has been designed to battle obesity, set for release this year. jOG detects when a player takes a step and projects that movement into the game while the gamer is jogging on the spot, while direction and …

Home leads open Develop Conference's Online day with a focus on the app's game potential

Nintendo could topple Sony’s 13-year stint as the world’s biggest platform holder if Wii and DS hit their sales targets, says a report in The Times . Following the two platform holders’ financial announcements this week, the Times report reads: Though currently riding high on continuing strong sales of the …

Nintendo’s net income has risen 34 per cent for the quarter ending June 30th, driven by the success of Wii hardware and software. Net income reached 107.2 billion yen ($99 million) for the quarter, up from 80.3 billion yen the previous year, whilst operating profit rose 32 percent to 119.2 …

EA’s Q1 revenue was up, and the publisher’s net loss dropped too in a like for like period, the firm revealed today in its financial results. Net revenue for Q1 was $804 million, up $409 million compared to Q1’s $395 million last FY. Meanwhile EA’s net loss for the quarter …

Sony has revealed huge like-for-like rises in PS3 hardware and software in its Q1 financials. In terms of like-for-like sales, the platform holder’s flagship console sold double the amount it did last Q1 – up to 1.56m from 0.70m the previous year. PlayStation 3 software also fared rather well – …

Sales in Woolworths stores have fallen 3.2 per cent for the 25 weeks to 26 July 2008, whilst EUK’s and Bertram’s sales were down one per cent over the same period last year. The retailer stated that the fall in sales was due to the ‘continued strength of the entertainment …

Nintendo of Japan has filed lawsuits against five Japanese firms who have been importing and selling equipment that allows illegal games to be played on the Nintendo DS – such as the popular R4 cards. According to Reuters, Nintendo and 54 other Japanese software companies filed the lawsuit earlier today …

Media firm Future disclosed a whopping 39 per cent increase in online advertising revenue in its interim financial statement. In the same period the firm launched Girl Gamer, and Qore, a Sony US digital edition” for the PlayStation 3 network in North America. For the nine months ending June 30th …