Game industry business news

Itch.io embroiled in fraudulent games controversy

1 deadcelsitchjpg Itch.io embroiled in fraudulent games controversy

Open marketplace Itch.io has admitted that some users have been using its platform to sell fraudulent copies of popular indie games. A Kotaku UKreport revealed that two big indie hits – Rimworld and Dead Cells – were put up for sale on the Itch.io marketplace at big discounts. Neither were …

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Sports Direct acquires a quarter of GAME

1 sportsdirectjpg Sports Direct acquires a quarter of GAME

UK sporting retailer Sports Direct has acquired 44m shares in GAME Digital. This means that the company, headed by controversial UK businessman Mike Ashley, now owns over a quarter of the struggling video games specialist. The move has seen GAME’s share price recover a little. It had fallen to as …

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InXile Entertainment secures $4.5m investment for new VR title

1 brian fargojpg InXile Entertainment secures $4.5m investment for new VR title

The studio behind Wasteland and Tides of Numenera has announced it’s working on a VR open world survival RPG title after securing a combined equity and project investment of $4.5m from a subsidiary of Japan’s global entertainment publisher and developer Gumi Inc. InXile Entertainment, who’s also currently working on Wasteland …

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Opinion: DLC-quels

uc4lost screenjpg Opinion: DLC-quels

Expansions for narrative games are becoming too big for their boots. Jem Alexander thinks these smaller triple-A experiences are a great way to remove financial pressure from developers and players alike

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Ex-ARM and Guerrilla Cambridge devs form new VR, AR and MR firm Virtual Arts

1 virtual artsjpg Ex-ARM and Guerrilla Cambridge devs form new VR, AR and MR firm Virtual Arts

A team of ex-ARM and Guerrilla Cambridge devs have set up a new company based in Cambridge dedicated to revolutionising the worlds of virtual, augmented and mixed reality technology and content. Virtual Arts was initially formed in December 2016 when co-founders Nizar Romdan and Doug Day (CEO and CTO respectively) …

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Oculus Rift price cut ‘shows a lack of confidence’ – SuperData

2 oculus touchpng Oculus Rift price cut 'shows a lack of confidence' - SuperData

Oculus’ recent price cut to its Rift virtual reality headset as part of its Summer of Rift sale may be actually doing more harm than good, says research firm SuperData. Oculus dropped the price of its Rift + Touch bundle by another 200 in the UK on Monday,taking the price …

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Logitech snaps up Astro Gaming in $85m deal

cvkto vxgamgrfojpg Logitech snaps up Astro Gaming in $85m deal

Peripheral company Logitech has announced its acquisition of headset and sound outfit Astro Gaming in a deal worth $85m in cash. While Logitech are known primarily for their PC peripherals, Astro has strong brand awareness in the console space for their headsets, and by acquiring them Logitech has put itself …

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Konami partners with Topps Trading Cards for PES 2018 promotion

1 pes topps cardpng Konami partners with Topps Trading Cards for PES 2018 promotion

Konami has teamed up with Topps Trading Cards for a special PES 2018 promotion, which will see limited edition UEFA Champions League Match Attax trading cards for the upcoming 2017-18 tournament appearing in boxed copies of the game. Starting on September 14th to coincide with the game’s launch on PS4, …

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