Blockbuster UK embroiled in tax outcry

As if things weren’t bad enough for in-administration Blockbuster UK, a newspaper investigation has landed the company in even hotter water. The Guardian reports that over a 15-year period the company has paid less than 250k in corporation tax despite sales of over 3.5bn and profits of 37m in the …

Read More »

Namco Bandai strikes Defiance distribution deal

Trion Worlds’ open-world shooter Defiance will be distributed by Namco Bandai in key territories. Specifically, the agreement covers Europe, Middle-East, South Africa, Australia and New Zealand. We’re delighted to be working with Namco Bandai, a great company with a proven track record in bringing big games successfully to the market …

Read More »

US Xbox 360 sales fall in December quarter

Xbox 360 still rules the roost in the US, but sales for the December quarter were sharply down year-on-year. Revenue for Microsoft’s Entertainment and Devices Division – home of Xbox and Windows Phone – was down 11 per cent to $3.8bn with operating income up 15 per cent to $596m. …

Read More »

Supermarkets to swoop for HMV stores?

Morrisons, Tesco and Sainsbury’s are reportedly eyeing HMV outlets as a potential way to expand their own store counts. Earlier this week, restructuring firm Hilco acquired 120m of HMV’s debt, giving it control of the company. However, reports suggest Hilco only wants half of HMV’s 230 stores, meaning up to …

Read More »

Video games escape UK’s latest retail crisis

The collapse of HMV and Blockbuster is unlikely to have a massive impact upon the video games market. The two entertainment giants fell into administration over the last two weeks, following news that Play.com is ending its own direct-to-retail business. All three retailers are big supporters of the games industry, …

Read More »

Events