Game industry business news

US: Microsoft predicts February sales loss

Ahead of the release of the official North American NPD sales figures for February, Microsoft has conceded that its Xbox 360 was most likely outsold by Sony’s PS3 last month – though only thanks to supply restrictions. Speaking to Reuters, Greenberg claimed: "We definitely expect we will trail in February …

Read More »

ELSPA responds to Darling’s budget

UK Chancellor Alastair Darling has today delivered his Budget – but not included any concessions to the games industry as has previously been demanded by numerous voices in the sector. To read the story in full, head over to MCV’s sister site Develop.

Read More »

Brash signs deal with Game Republic

Ambitious new publisher Brash, which boasts a straegy solely targetting the production of licence-based games made by third-party independent developers, has signed up respected Japanese outfit Game Republic for a new title. The studio, which is headed by famed game producer Yoshiki Okamoto and is responsible for recent PS3 games …

Read More »

Ubisoft reveals GRAW2: Legacy Edition

Ubisoft is to release Tom Clancy’s Ghost Recon Advanced Warfighter 2: Legacy Edition for the Xbox 360 in April. As well as including the original game, Legacy Edition will feature an additional DVD incorporating all the GRAW 2 downloadable packs available on Xbox Live, since the game’s original release. The …

Read More »

GTAIV masking recurring problems at Take Two

In the wake of last night’s financial report from Rockstar-owning Take Two, Wedbush Morgan analyst Michael Pachter has stated that the upcoming financial uplift that will accompany the release of GTAIV is not enough to hide the problems faced by the publisher. Take Two is pretty much the same company …

Read More »

Take Two financials – analysis

Take-Two’s bottom line results were slightly better than we expected, with lower than expected R&D and marketing expenses accounting for most of the EPS upside. On the top line, revenues were higher than expected due to significant contribution from the company’s distribution business. The company’s margins were slightly lower than …

Read More »

Play.com Live Preview

A video games show for all the family with previews of blockbuster films coming this summer and performances from some of the biggest bands in the UK… Play.com Live has grown from an idea only four months ago to an entertainment spectacle that will be a fantastic day out! "The …

Read More »

â??We love WiiWareâ??

WiiWare Week: Independent studios the world over are out in force backing Nintendoâ??s upcoming distribution platform

Read More »