Game industry business news

Following Microsoft’s official confirmation of a price drop across its entire Xbox 360 range, Strategy Analytics has stated that the move will put pressure on Sony to follow suit with its PS3. Sony will be nervous that the PS3’s recent sales surge may fizzle out now that the premium Xbox …

As the ‘will they won’t they’ saga surrounding EA’s proposed takeover of Rockstar-owning Take Two continues , two major Take Two shareholders have cut their stake in the publisher, Reuters reports. Oppenheimer Funds has cut its stake from 23 per cent, or 8.8 million shares, to just 11.5 per cent, …

Nintendo of Japan has revealed the launch line-up for the country’s introduction of WiiWare. Games spun from staple franchises Final Fantasy, Pokemon and Mario will be available from the launch day, which is March 25th, along with a number of shorter casual games. For the full story, head over to …

Play-N-Trade is the fastest growing video game franchise and seventh across the whole franchise industry, according to Franchise Market Magazine. The retailer, which is eyeing up a move into the UK market, was identified as having the ‘best high growth opportunities’ based on the number of units and growth rates …

Logitech chairman Guerrino De Luca said any takeover move by Microsoft would be an ‘operation without sense’ Speculation began in January that Microsoft could make a move for Logitech, leading the company’s shares to rise 12 per cent. Yet speaking to Italian newspaper Corriere Della Sera, De Luca claims that …

WiiWare Week: Nine games available when digital distribution channel arrives at the end of the month

Three new entries in the All Formats Top Ten this week, as EA’s Army of Two blasts into top position. It marks the first original IP from EA to take the top spot since Black two years ago. Nintendo’s Dr. Kawashima’s Brain Training falls one place, following its appearance in …

Following the news that Gamestation’s York HQ would not be closing as part of the Gamestation integration and the appointment of two new MDs for each chain , GAME CEO Lisa Morgan spoke exclusively to MCV to give us the full story of what’s happening at the leading specialist. Take …

What factors do you think have contributed to GAME Group outstripping its previous sales targets? We are very confident with the Group outlook for the year to 31 January 2009. The business is performing very well, both Internationally and in the UK, and the Gamestation integration is going very well. …

Acclaim says 60,000 have signed up to work on David Perry's Top Secret as Skaggs joins as advisor