Game industry business news

Euro price cut for 360 HD DVD Drive

Microsoft has announced that there will be a European price cut for the Xbox 360 HD DVD Drive, reported EfluxMedia . Microsoft announced the news at the consumer electronics trade fair IFA in Germany, stating the unit will be cut by €20 to €180. However no date was issued for …

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Oberon signs up to Indiagames

Indiagames has signed a deal with publisher Oberon Games, which will make its casual games available on Indiagames’ Games on Demand service, according to Game Daily . Titles in Oberon’s catalogue include Agatha Christie Death on the Nile, Dream Day Wedding and Magic Match. "Indiagames is sphere-headed towards offering its …

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$3 billion cash injection for PlayStation?

Sony will sell around $2.9 billion worth of shares from its insurance unit, freeing up a huge amount of capital that commentators have asserted could be injected into its game business, possibly precipitating a PS3 price cut. Sony could use the funds for various options to strengthen its electronics and …

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Gordon Brown hits out at violent games

Prime Minister Gordon Brown has jumped two-footed into the debate on violent video games – promising to review new rules for the advertising and sale of software to children. According to the Daily Mirror, Brown said he was ‘aware of growing concern about the effect of screen violence on youngsters’, …

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£300m price tag on Lara and SCi

After this morning’s confirmation that the UK publisher is in preliminary talks with a third party in relation to a possible offer for the company, Thisismoney.co.uk has claimed that EA, Warner and Ubisoft are in the running for the company. Shares have already jumped from 37.5p to 375.5p in the …

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Asian online games to reach $2.5 billion mark

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 …

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ESA boss: Politicians should be playing more games

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 …

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LEIPZIG REVIEW: Sony steals the show

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 …

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Hirai: Developers should be concentrating on PS3

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, …

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SCi confirms buy out talks

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 …

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