Publishing

Cafe.com sells Boonty to Nexway

Casual games portal Boonty, which is owned by US-based Caf.com, has been sold to French digital content firm Nexway for an undisclosed amount. Boonty co-founders Mathieu and Roman Nouzareth claim that the sale will allow them to focus on their other social games site Caf.com. The news was exclusively revealed …

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Annual losses expected at Sony

PS3 platform holder Sony is expected to post an operating loss of $1.1bn for its financial year ending March 31st, according to Japanese business daily the Nikkei. Reuters reports that the loss could be as high as $2.2bn depending on how the next three months pan out for the firm. …

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50 things to look out for in 2009 Part 1

50. Defying the economyAndrew Brown, Activision UK MD says: I hope that in-home entertainment – and of course video games – proves to be resistant to the economic down turn. As long as demand continues to grow, the market will eventually adjust to the bad news of retail closures.” 49: EA’s …

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Games to eclipse other media

Video games are set to eclipse” all other forms of media entertainment, according to Activision Blizzard’s president and CEO of publishing Mike Griffith. During his keynote speech at CES 2009, Griffith boasted games are prospering as demand for almost every other entertainment category declines, according to the BBC. He claimed …

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Eidos considers Lara revamp to reverse sales slump

After warning that sales of the latest Tomb Raider game were below expectations (despite shifting over 1.5m units globally), Eidos has admitted it might once again redesign the title’s iconic heroine Lara Croft. The move would come as the publisher looks to attract a wider audience, our sister site Develop …

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JAPANESE 2008 MARKET REPORT

In 2007, the late 2006 launched Wii and PS3 continuously helped invigorate the market and it is considered that this brought about a tougher comparison for 2008. 2008 Market Value – in YEN 100m(2007 numbers in brackets) JANUARYHardware – 357.4 (360.7)Software – 290.3 (367.8)Total – 647.7 (728.5) FEBRUARYHardware – 197.2 …

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SHAREWATCH: Eidos stock plunges 27.5%

Shares in Eidos PLC have tumbled 27.5 per cent on news that it has slashed its revenue forecasts for the year. The news will be sure to have piqued the interest of potential suitors for the firm – thought to be led by Warner Bros, which already owns a 20 …

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EA confirms plans for PlayStation Home

The hard-hitting support for Sony’s PlayStation Home service just keeps coming with news that the EA Sports Complex space should be in place by spring this year, according to Electronic Arts. We’re proud to support the PlayStation Home Beta with a very robust offering from EA Sports,” said Peter Moore, …

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