Game industry business news

All the world’s a video game, Elon Musk reckons

Video games’ market reach may be even greater than we realise. Speaking at the annual Recode Code Conference, Tesla and SpaceX founder Elon Musk has speculated that the world is nothing more than an elaborate video game, and its people the cast. Forty years ago we had pong. Like, two …

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Modding can ‘reenergise’ retro gaming, says Sega Europe

Allowing players to modify classic games can help rejuvenate piracy-hit retro gaming. That’s according to Sega’s James Schall, talking after the launch of the Sega Mega Drive Classics Hub. The Hub opened on April 28th on Steam, and over 350,000 Mega Drive titles were sold in just three weeks. But …

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ESA: ‘Games industry asked for E3 Live’

Free consumer show E3 Live came after demands from the games industry. Speaking to MCV, Rich Taylor, SVP of PR and communications for E3 organiser ESA, said that leaders in the market insisted that the show provide an event for consumers. Every year the question of whether we are going …

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Mad Catz needs to shift Rock Band inventory as losses rocket 470%

The Rock Band 4 gamble has not paid off for Mad Catz. The company suffered a $11.6m loss in the financial year ending March 31st, with operating losses growing up 470 per cent. CEO Karen McGinnis, who was put in place following an exodus of staff from the company, says …

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New WIG CEO Marie-Claire Isaaman aims to boost women in development

The new CEO of Women in Games has identified development and management as key areas that needs better female representation. As a researcher at Norwich University of the Arts, Marie-Claire Isaaman found out that women in the games industry tend to work in marketing or HR – but not in …

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Overwatch attracts over 7m players in week one

Blizzard’s Overwatch enjoyed an incredible first week. The team shooter has since May 24th welcomed over 7m players, who between them have logged over 119m hours of gameplay time. The total number of players does not necessarily equate to total sales, as households and friends can use multiple accounts on …

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