Game industry business news

Microsoft to compensate Xbox Live Gold members?

Following a period of ongoing disruption to Xbox Live that saw many festive gamers miss out on a week of sitting in their pants shooting American teenagers online, rumours claim that Microsoft is planning a peace offering to those who pay a subscription to access the service. Problems with the …

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INDIA: Games market set for boom

With a booming internet market that currently includes approximately 42 million users, the hunger for online gaming is set to rapidly grow in India this year, according to BusinessWeek . Currently only five per cent of India’s web users are active gamers, according to information from ICube, but an increasing …

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New HD-DVD 360 on the way?

Joystiq reports that Bill Gates could use his final Consumer Electronics Show keynote to reveal a new Xbox 360 model with an integrated HD-DVD player – putting the console on a par with PS3 and its built-in Blu-Ray functionality. The report adds that platform holder Microsoft could also be preparing …

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Wii most popular console in 2007

Nintendo’s Wii was awarded the console 2007 Customer’s Choice Award, collated by independent review publisher Reevoo . The scores for the next gen consoles were extrapolated from customer reviews, and put the Wii on top overall with 8.78 out of 10, the PS3 second with 8.25 out of 10 and …

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M&S to expand on games after Xmas?

Supermarket chain Marks and Spencer could be looking to increase the amount of space it gives games in the New Year – as the retailer prepares for an internal review of the sector’s performance. The company’s games offering currently resides in various ‘technology stores’ dotted around the UK in larger …

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Fresh NASDAQ warning for Atari

The NASDAQ US Stock Exchange has once again stated that it will remove Atari from its listings unless the North American games publisher shows notable improvements by March 20th. The fresh warning comes after Atari’s public share value dipped below $15 million for 30 consecutive days. To avoid punishment, the …

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GAME’s Xmas sales to outstrip forecasts

GAME’s success over the Christmas period has been confirmed by a further trading update, explaining that profits before non-recurring costs and tax will now be ahead of expectations at no less than 70m” This marks an enourmous leap from 2007’s trading performance, when profits for the year stood at 29.5m. …

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Sainsbury’s to increase games offering in 08

Supermarket giant Sainsbury’s has told MCV it has plans to expand its dedicated games floor space in 2008 – claiming that 2007 ‘only shows the start of our ambitions in the category’. Video games have become an increasingly important part of our entertainment sales mix over the last year,” said …

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INTERVIEW: When Martyn met David

It’s been a fantastic year for Nintendo. What has been the highlight for you? There are probably too many to list, but I think the most satisfying aspect is to see our products being played and enjoyed by a much wider audience. One item I had a chuckle over which …

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Amazon sells 17 Wiis per second

The US arm of online retail colossus Amazon has stated that Nintendo’s Wii was one of its best selling products over Christmas, adding that on the occasions when the machine was in stock it sold at a rate of 17 units per second. Super Mario Galaxy and Call of Duty …

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