Game industry business news

Despite costing a whopping $185 million to make, Steven Spielberg and George Lucas’ latest cinema outing Indiana Jones and the Kingdom of the Crystal Skull made an estimated $311 million worldwide in its opening weekend, the Associated Press reports . Coming 19 years after the release of Indiana Jones and …

It might not be a huge surprise, but Capcom’s confirmation that its upcoming arcade title Street Fighter IV will also be coming to consoles and PC is certainly welcome news. A release on Xbox 360, PS3 and PC is anticipated later this year, though no firm street date has yet …

Rockstar has made it a fourth week at number one in the ELSPA/ChartTrack All Formats chart – beating major new releases from Ubisoft, Eidos and EA. EA’s Rock Band hits sixth position in the chart, but it’s not likely the publisher will be disappointed; according to ChartTrack, three quarters of …

Nintendo’s phenomenal-selling Wii Fit has had the worst week of its existence in the UK – dropping all the way out of the ChartTrack/ELSPA All Formats top 40. The spectacular drop – likely due to stock issues at retail – has seen the game slide from second position last week, …

EA has applauded the services of company founder Timothy Mott, who MCV last week revealed is to retire from the publisher in July. Mott will officially leave EA after the Company’s 2008 Annual Meeting of Stockholders on July 31st. "Tim is an industry pioneer – one of the founding members …

Sony Computer Entertainment has announced that over a million consumers have signed up for PlayStation Network accounts in Japan. PSN went online in the region in November, 2006 – and Sony revealed that since then 400,000 players have accessed the store each month. According to Japanese games site Game Watch …

Play.com have given UK Rock Band fans something to smile about – by cutting the total cost for Rock Band and all the game’s instruments by 40. According to MTV and EA, the suggested UK retail price of the ‘Band In a Box’ SKU of Rock Band – which includes …

Nintendo development boss Shigeru Miyamoto has said he uses his imagination less in game creation than he did five years ago – leading to more ‘realistic’ software ideas. Talking to The New York Times, the man behind Donkey Kong, Mario and Wii said that he was flattered” by comparisons of …

Square Enix has posted a full fiscal year profit of 9.2 billion Japanese Yen ($88.5 million) for the 12 months to March 31st, 2008 – down 20.9 per cent year-on-year. Sales also fell in the period, down 9.8 per cent to 147.5 billion Yen ($1.42 billion), with declining revenues most …

Ubisoft has been busy and you don’t have to look very hard to find the evidence. When Assassins’s Creed was released last year, it became the fastest-selling new IP in five year. And with a 36 per cent rise in profits in the last financial year, plus the release of …