Publishing

Moledina joins new social startup

Credit ratings agency Standard & Poor’s has downgraded Sony’s credit rating to A-, citing concerns over long-term corporate credit and senior unsecured debt ratings. The likelihood of Sony’s weak earnings persisting has increased”, the ratings group said. There are no signs of a halt to the deterioration in the earnings …

No signs that the company will come out of red soon, financial group claims

Warner Brothers has reduced its game development workforce across its Washington state studios, the company has confirmed. It is estimated that around sixty staff have been let go, though Warner would not confirm the number, nor which studio were affected. The firm’s Seattle-based development cluster includes three high-profile studios; Monolith …

Computing giant labelled 'saviour' after studio laid off 50 staff and scaled back projects

Social games titan absorbs huge chunk of expenses before going public

Over half of games professionals polled predict sea-change within four years

But consumer sales down 36 per cent to $218 million

Studio blasé on losing independence after Ubisoft buyout

2011 marks the firm’s 25th year in the business, but even without that, Ubisoft’s UK division has plenty to celebrate. Managing director Rob Cooper talks to MCV about notable achievements and an even more promising future… Obviously you’re celebrating 25 years of Ubi this year, but it’s worth celebrating your …