HMV sells its G-A-Y shares

Troubled retailer HMV has sold its shares in nightclub chain G-A-Y Limited, administrator Deloitte has confirmed. G-A-Y founder and fellow shareholder Jeremy Joseph has moved to acquire a majority shareholding. "We are pleased to have completed the sale of HMV’s shareholding in G-A-Y to the natural purchaser of this stake …

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Ni No Kuni’s UK chart victory confirmed

UKIE GfK Chart-Track has confirmed MCV’s earlier report that Namco Bandai’s Ni No Kuni: Wrath of the White Witch is the new UK No.1. Last week’s No.1, Activision’s Call of Duty: Black Ops II drops to third place, with EA’s FIFA 13 holding firm at No.2. Square Enix’s Hitman: HD …

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Up to 100 HMV stores preparing for closure

Administrator Deloitte is preparing to close anything up to 100 HMV stores, reports claim. The Telegraph reports that between 60-100 stores face the chop, although they will likely remain open until they have exhausted their stock – possibly short-term good news for consumers, at least. The final list of stores …

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Ziff Davis linked to IGN acquisition

Rumours suggest that Ziff Davis is on the brink of an acquisition of IGN. Bloomberg reckons IGN owner News International is willing to accept a figure below $100m for the company. As well as its gaming, movie and TV operations, IGN also owns Gamespy.com and Askmen.com. The move comes as …

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