Game industry business news

M&A activity is meaningless, says Iwata

In the wake of the Activision Blizzard deal and EA’s proposed move for Take Two, Nintendo president Satoru Iwata has told investors that mergers and acquistions add little real value to the companies involved. Sometimes, some people say that Nintendo’s position will become even more solid if it purchased software …

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INTERVIEW: Satoru Iwata part three

Iwata on Microsoft’s rumoured wii-mote: I am also aware of the rumor and have seen a fake image made by a fan on the web which looks like a Wii Remote with the rumor that such a controller may be launched, However there is no way for us to comment …

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INTERVIEW: Satoru Iwata part two

Iwata on mergers and acquisitions: Sometimes, some people say that Nintendo’s position will become even more solid if it purchased software companies by M&A, but I have no such intention because buying such companies will not contribute to strengthening Nintendo in the true sense. I believe that it is not …

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Iwata: Microsoft ‘Wiimote’ is no threat to Nintendo

After recently announcing his company had seen record full year revenues, Nintendo president Satoru Iwata said Microsoft’s rumoured plan to launch its own Wiimote-style controller is no "big threat" to Nintendo’s current position in the market. In the wide-ranging interview, Iwata discussed major issues on the publishing and hardware side …

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INTERVIEW: Satoru Iwata part one

Iwata on price cuts: We have not made our financial forecast with the premise of a hardware price cut. Also, we are not foreseeing the necessity for us to do a price cut in this fiscal year. If it is predetermined that the hardware price shall gradually decrease, then that …

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SouthPeak value hits $35m after new stock purchase

Developer-cum-publisher SouthPeak Interactive has finalised a deal in which its current shareholders will acquire a majority of the common stock of Global Services Partners Acquisition Corp. (GSPAC). The deal appears to be an extension of a merger agreement that took place between the two companies in January. "These transactions will …

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Empire Interactive co-founder stands down

Empire Interactive CEO Ian Higgins has today announced that he will be leaving the company after 21 years. Higgins has recently overseen a period of impressive growth at Empire, during which time the firm has enjoyed success with the likes of its FlatOut series and Jackass game adaptation. In late …

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EA Games gets behind PC market

EA confirmed its commitment to PC gaming in the publisher’s annual European showcase on Friday. At the event the publisher showcased seven of its upcoming titles including free online gaming and PC versions of console classics. The games on display all hailed from the EA Games label – one of …

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BBFC to launch online ratings system

The BBFC is to launch a new online ratings platform for downloadable games. The body admits that BBFC Online has the potential to rival PEGI’s equivalent – which drew much acclaim during Dr. Byron’s Review of young people’s access to inappropriate digital material. BBFC Online is due to be launched …

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