Game industry business news

Take-Two acquires Spanish mobile dev Social Point for $250m

Rockstar and 2K Games parent company Take-Two has made a sizeable investment in its mobile strategy. The firm has acquired Barcelona-based mobile developer Social Point for $250m (197.7m). That amount is comprised of $175m (138.42m)in cash, as well as roughly $75m (59.3m) in shares. Founded in 2008, Social Point has …

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The future looks bright for EA thanks to FIFA 17 and Battlefield 1

We already knew EA had a great 2016, once again appearing at the top of the publisher charts for UK retail sales (source: GfK). Today’s Q3 earnings call reinforced that position with some choice stats concerning the growth of its playerbase for key titles. FIFA 17 was the top-selling console …

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New Xbox One controller colours announced

Microsoft has announced two new Xbox One controller designs. The Ocean Shadow Special Edition and the Winter Forces Special Edition will come to retailers worldwide next month, and will retail at 59.99 each. The Winter Forces Special Edition is launching on February 16th and has a light and dark grey …

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Opinion: Getting the mix just right – the main developments in the games TV channel mix

Generation Media account executive Joe Phelan looks at which television channel mixes advertisers are relying upon and whether there are any developments in tried and tested ways of reaching younger men. We live in a time where new media opportunities become available before the current tech has had a chance …

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Nintendo has sold 1.5m NES Classics

We now have an idea of how well Nintendo’s much sought-after NES Classic Mini has performed. According to a tweet by Wall Street Journal tech reporter Takashi Mochizuki(below) – who was at a Nintendo corporate strategy meeting – the company has sold 1.5m units globally, with Nintendo upping production. This …

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Capcom’s digital sales increased 21.1% in 2016 to 6.1m units

Capcom has released its latest financial report for the nine months ending December 2016, but while net sales and operating income have both fallen for the company year-on-year, accelerated digital sales and higher sales of flagship software titles have given Capcom’s consumer business its first market expansion in four years. …

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EA expects Mass Effect: Andromeda to sell 3m copies on Week One

EA revealed its Q3 financial results last night, and shared its expectations for Mass Effect: Andromeda. The publisher believes the title will sell ‘around 3 million units’ in its early days, according to chief financial officer Blake Jorgensen. During the earnings call, Jorgensen was asked about Mass Effect: Andromeda’s revenue …

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32% of EA unit sales in 2016 were digital

EA’s digital unit sales are tracking ahead of the publisher’s own expectations. That’s according to an investor call with the publisher last night, in which CFO Blake Jorgensen revealed that that 32 per cent of its unit sales were digital. The exec said that is just on PlayStation 4 and …

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The Banner Saga is an "impractical game" that "would not exist" without crowd-funding, says Stoic

As Banner Saga 3 sails past its Kickstarter goal of $200,000 in less than a week, Stoic’s technical director John Watson has told MCV that the series as a whole would not exist without the support of crowd-funding.  "Banner Saga, really, is an improbable game," Watson tells us. "It is unique …

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With Sniper Elite 4 and Yooka-Laylee, is 2017 going to be Sold Out’s biggest year yet?

Despite the narrative of digital sales becoming a bigger part of today’s games market, 80 per cent of new releases are bought in a box.   This is a sector within which publisher Sold Out has built its business, and it’s done it rather successfully, too. The current version of …

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