Game industry business news

Zucker: Europe provides up to 50% of our revenues

Midway CEO David Zucker has revealed that the percentage of the company’s revenue derived from Europe has reached almost 50 per cent on some of its biggest titles. Talking in Midway’s Q4 earning call, Zucker said that the publisher’s decision to ‘go direct’ in the region had seen the figure …

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GTAIV episodic content to be ongoing

In last night’s financial report , Rockstar owning Take Two stated that downloadable episodic content is an area that it intends to invest heavily in, with regular updates for its biggest titles already penned in for 2009. We also have significant visibility into fiscal 2009, which includes additional episodic content …

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‘Major Rockstar sequel for 2009

As part of its financials investor call last night, Take-Two has revealed that Rockstar is working on a ‘major’ sequel. According to Gamasutra: ‘Asked where Rockstar might be headed now that production of Grand Theft Auto IV was winding down, company execs said that in addition to the Xbox 360 …

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Take Twos Q1 earnings call in full

The full transcript of Take Two’s earnings call – which came in the wake of the firm’s fiscal posting last night – is available now. Company bosses, including chairman Strauss Zelnick, discuss the firm’s Q1 loss, EA’s recent bid, the future of Grand Theft Auto and more. To read the …

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BioShock 2 officially confirmed

As part of its financial announcements today, Take Two confirmed the invevitable : that a sequel to its best-selling BioShock is in development and is due next year. For the full story, head over to our sister site Develop.

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Revenues down and losses grow for Take Two

Take Two has announced its financial results for its first quarter ended January 31st, with revenues down year on year from $277.3m to $240.4m – although the firm said that Q1 2007 had benefited "from more new game releases", hence the drop. The firm’s sales were led by a number …

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Disney: Treat us differently at retail

Retail must plan around Disney product differently to maximise revenue, the publisher’s sales boss has told MCV. Matt Castle believes that the High Street needs to better embrace the cross-franchise opportunities Disney titles represent – or risk missing out. We are unique with our and brand and our offering,” Castle …

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Gran Turismo 5 Prologue dated

Having altered things ever so slightly since its last release schedule , Sony has confirmed that the long-awaited Gran Turismo 5 Prologue will be released on Wednesday March 26th in the UK for 24.99. That’s the date for the Blu-Ray version, at least. A download-only PSN version will arrive a …

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Sony under pressure to slash PS3 price

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 …

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