Publishing

Conifer Games takes on crowdfunding with $40,000 empire building game

Crowdcube investors will now be able to claim compensation from the FSA if needed

The Financial Services Authority has for the second time offered official backing to a crowdfunding site. Crowdcube investors will now be able to claim compensation from the FSA should the project they invest in run into trouble, The Telegraph reports. To date Crowdcube, which operates very much like its higher-profile …

Could we about to see the death of the pre-owned software market? Edge claims to have word that the next Xbox will require an always-on internet connection and will block the use of pre-owned games. The site says that a source with first hand experience” of the console itself adds …

Possible asset sale still on as US arm continues breakaway strategy

The total value of the US video games market declined nine per cent in 2012. NPD estimates that the overall the sector was worth $14.8bn, down from $16.34bn in 2011. The number includes sales of physical and digital games (the latter presumably with a bit of guesswork) as well as …

Net gains attributed to growth in social and mobile business

Five finalists to have their games exhibited on the show floor

Microsoft’s Xbox Live Arcade saw revenue soar in 2012, thanks in large part to a trio of high grossing titles led by indie standout Minecraft. FADE reports Microsoft’s digital distribution platform hit $290m in annual revenue for last year, doubling 2011’s total. The growth is attributed to three specific titles: …

Social giant beats expectations with $1.28bn in revenues