Game industry business news

THQ announces new WWE title

THQ has announced a new addition to its WWE family of games as part of its full-year financial report. Legendsof Wrestlemania is due for release in March next year on next-gen formats. THQ CEO Brian Farrell told investors: Our new Legends game is scheduled to launch in conjunction with the …

Read More »

THQ to shed 200 staff

After reporting a $35m FY loss last night, publisher THQ confirmed in a post-earnings conference call that it would be losing 200 staff across its studios. However, the company does plan to grow its employee count overall from 2,400 to 2,700 this year. CEO Brian Farrell said that those studios …

Read More »

THQ reports FY net loss of $35.3m

THQ has reported full year losses of $35.3 million for the 12 months to March 31st, with sales up slightly to $1.03 billion. That compares to the $68 million profit reported in its previous fiscal year, and $1.026 billion in sales. For its fourth quarter, the company also saw sales …

Read More »

PLAYSTATION DAY ’08: Gamers were underwhelmed by PS3, says Hirai

Kaz Hirai told a throng of media at today’s PlayStation Day ’08 that the PS3’s launch was ‘difficult’ – but 2008 will be the year that PS3 kicks into top gear. "I think its fair to say that the first year of PS3 was a difficult one," the SCE president …

Read More »

PLAYSTATION DAY ’08

Hirai on PS3’s strengths: "As we all know PS3 is a platform for digital interactive home entertainment – and we know that the nature of PS3 is multi faceted. Last year, we positioned the PS3 first and foremost as a system for games, games and more games so it was …

Read More »

EA Sports goes casual with ‘Freestyle’ brand

Electronic Arts has unveiled a new sub-brand for its EA Sports label – a casual-oriented line of games under the EA Sports Freestyle umbrella, our sister site CasualGaming.biz reports . In an official announcement, EA said that EA Sports Freestyle is "aimed at a growing, more casual sports gaming audience" …

Read More »

Rock Band’s UK release gets hefty backing

Rock Band is set to hit European Xbox 360s later this month , and EA’s UK office is readying a rocking marketing campaign in support. The game has shifted nearly two million units since it was released in North America last year, and has won numerous awards and critical acclaim. …

Read More »

UK CHARTS: All-conquering GTA IV hits No.1

The biggest All Formats release ever, Grand Theft Auto IV , has hit the top spot in the UK software chart – outselling last week’s No.1 Wii Fit by nine-to-one. According to ELSPA/ChartTrack statistics, the Rockstar title almost broke the one million unit barrier in the week (Sunday, April 28th …

Read More »

360 outselling PS3 in GTA software ‘battle’

More copes of Rockstar’s GTA IV for were sold on Xbox 360 than PS3 in the game’s first week on UK shelves – but both companies enjoyed similar success when it came to the ‘system selling’ influence of the title. That’s according to official ChartTrack figures obtained by MCV, which …

Read More »

GTA IV shatters UK first-week sales records

Rockstar’s GTA IV has smashed all UK first-week sales records, according to official data obtained by MCV from industry monitor ChartTrack. The game sold 926,000 units in the five-day period between its release (Tuesday, April 29th) and Saturday, May 3rd. According to ChartTrack/ELSPA data, the title took a total of …

Read More »