Game industry business news

Established High Street and online games retailers risk losing significant share to broadband suppliers, and possibly even utility companies, if they do not embrace digital distribution. That is the robust view of Pierre Gaudet, CEO of Europe’s leading games digital distribution outfit Metaboli, which has begun a renewed effort in …

The games industry is complex and must keep its house in order, but it is also much admired and increasingly understood by the current Government. That was the message put across forcibly by Minister of State for Culture, Media and Sport Margaret Hodge this week, as she made an encouraging …

The DS continues to dominate the Japanese software charts, but it’s the notable efforts of PS2 and 360 that capture the eye in Media Create’s latest Japanese Top 30, Kotaku reports. Seaman 2, Sega’s PS2 sequel to it’s voice controlled 1999 Dreamcast curiosity, has bettered the opposition by capturing the …

What have been the primary goals for the Empire team since the Silverstar deal? From a company and corporate perspective, it’s really about delivering good results after the acquisition. It’s great that the market has responded favourably – our share price literally doubled on the day the announcement went out, …

US publisher Atari has entered into a $10 million credit agreement with Infogrames shareholder Bluebay Asset Management, but has added that the loan alone will not be enough to meet its demand throughout the busy Q4 period. "This revised credit facility is a major step in addressing Atari’s liquidity needs …

Following the spate of staff changes that were announced after Nintendo’s confirmation that it is moving its NoA headquarters from Seattle to San Francisco Bay, two new faces have joined the American arm of the company. Cammie Dunaway, the former chief marketing officer for web giant Yahoo!, joins the firm …

Sony has confirmed that operating losses for its games division have more than doubled for the quarter ending September 30th, hitting YEN 96.7 billion compared to YEN 53.2 billion in the same period last year. However, across the whole business Sony posted a quarterly operating profit of YEN 90.5 billion, …

To celebrate its first year in the Indian market, Microsoft has announced that its globally successful Xbox Live gaming and download service will be launched in the country on November 5th. The network will launch with a host of exclusive local content, such as downloadable Bollywood films and trailers. As …

Nintendo’s year-on-year first-half profit and sales figures have doubled after the continued success of Wii and DS. The company has now raised its profit outlook to a record for the second time this year, reports Bloomberg . Net income jumped to 132.4 billion yen (586 million) in the six months …

SCEE is inviting members of the industry to take up its Buzz! challenge at www.letsplaybuzz.com . The publisher is celebrating the release of Buzz! Hollywood, which entered the UK charts this week. Players have to answer a series of Buzz!-style posers – including a fair few on Tinseltown itself. They …