Game industry business news

According to Games Industry , online gaming revenues in Asia are predicted to reach $2.5 billion by the end of next year, a growth of around 20 per cent on last year’s figures. ‘Online Game Publishers in Asia’, a new report by Pearl Research, states that ten online publishers crossed …

The man who replaced Doug Lowenstein as president of the US Entertainment Software Association has called on the wider industry to raise the profile of video games amongst politicians and mainstream opinion formers. Michael D Gallagher told The Washington Post that: Video games are not getting the type of recognition …

There’s no doubt that Sony dominated the headlines at Leipzig – it was, to be honest, the only platform holder to truly embrace the new-found importance of Leipzig in the wake of E3’s dramatic streamlining. Taking centre stage was David Reeves, who, despite a couple of autocue issues, put in …

Sony Computer Entertainment president Kaz Hirai has said that developers should focus their activity around the PS3 when making multi-platform games. Hirai was speaking about the trend for companies to develop games for multiple platforms in an interview with Japanese website ITMedia +D Games. Translated by MCV sister publication Develop, …

SCi has issued a statement to the City to confirm it has been approached to discuss a possible offer for the business. The statement reads: Following the recent speculation in the press, the Board of SCi Entertainment Group plc confirms that it has received an approach and as a result …

Tiger Woods PGA Tour ’08 racked up 42 per cent of sales on Xbox 360 and 32 per cent on Nintendo Wii in its first week on sale, and comes in at number two this week behind Bioshock, which claims its second week at the top. Other highlights include a …

The latest hardware sales figures from Japan suggest that Sony’s PS3 is gaining ground on the hugely successful Nintendo Wii. According to Famitsu publisher Enterbrain, Nintendo sold 245,653 Wiis in the four weeks to August 26th, compared with 81,541 units for Sony’s PS3. Xbox 360 sold 11,288 units in the …

The PC version of 2K Games’ Bioshock has hit number one in the German all formats software chart in its first week – but the top ten is still dominated by titles on Nintendo formats. The Xbox 360 edition of Bioshock debuts in sixth, whilst Blizzard’s World Of Warcraft: The …

Nintendo’s DS has nabbed five positions in the latest Spanish top ten chart – including the top four slots. First-party release Pokemon: Diamond sits pretty in first, followed by THQ’s Ratatouille in second and Dr. Kawashima’s More Brain Training in third. The other half of recently released Pokemon duo, Pearl, …

A new report from Research and Markets states that 33 per cent of the companies it analysed are ‘in financial danger’. It goes on to say that nine of the companies surveyed, including the likes of GAME, Gamestation, Woolworths and Blockbuster, ‘are blatantly selling at a loss to capture market …