Game industry business news

Haze set for May release

The Free-Radical-developed shooter has been heavily hyped as a key PS3 exclusive, and previously missed its original pre-Christmas release date. After a few extra months of tinkering, Free Radical and Ubisoft will be confident that it will wow critics and retailers alike.

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God of War PSP bundle confirmed

To co-incide with the release of God of War: Chains of Olympus, SCEA has revealed a new PSP bundle. The limited edition God of War entertainment pack boasts a ‘Deep Red’ PSP with a picture of God of War star Kratos on the back, a copy of God of War: …

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Dualshock 3 hits US in April

SCEA has revealed that DualShock 3 will hit US retail in April. It will be available for $54.95 and incorporates both Sixaxis and rumble functionality. An SCEE spokesperson has also confirmed to MCV that a European SKU will follow shortly, but an official date has yet to be confirmed.

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Riccitiello plots push into Asian market

Chief executive of Electronic Arts John Riccitiello has said that the firm is targeting the Asian market as a key area for growth in 2008. In an interview with GameDaily, Riccitiello added that the firm was also looking to expand EA’s core business into online, casual and mobile sectors. Riccitiello …

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EA to bring back Road Rash?

Electronic Arts’ creative teams are buzzing about the prospect of brining back Road Rash from the dead, the company’s CEO John Riccitiello has said. Speaking to GameDaily, Riccitiello said: We think about [resurrecting] franchises a lot. Road Rash is one that keeps coming up in brainstorming sessions. EA has created …

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HMV offers 1,000 Xbox points with Lost Odyssey pre-orders

HMV is offering 1,000 free Live Points to anyone who pre-orders Lost Odyssey before its Friday release. 1,000 points roughly equates to 8.50 and can be used to download software from Xbox Live Arcade. HMV is selling the game for 39.99. Lost Odyssey is the latest game from Hironobu Sakaguchi’s …

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GAME bosses sell £5.4m company shares

GAME’s two most senior management members, Lisa Morgan and David Thomas, have sold over 5 million of stock between them. The news has influenced the retailer’s share price to fall by 14 per cent today, down to 192.75p. A GAME spokesperson told MCV: "Lisa and David could not trade shares …

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Games could get film-style tax credits

The British Government has launched its new strategy paper: Creative Britain: New Talents for a New Economy. The new strategy has been announced by the secretary of state for culture media and sport, Andy Burnham, and is designed to research the economic benefits of the creative industries and raise awareness …

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OPINION: Why EAs purchase of Take Two is inevitable

In the wake of EA’s shock announcement of its move to acquire Rockstar owner Take Two, Wedbush Morgan Analyst Michael Pachter has stated that, in his opinion, the deal is now inevitable. We think that EA has two choices – beat ‘em or join ‘em,” he said. They are attempting …

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