Zynga generated $445m for Facebook in 2011

FarmVille, CityVille and the rest of Zynga’s portfolio are well-established as Facebook’s money-makers and now we know how much they are truly worth. Paperwork filed by Facebook ahead of its IPO shows that the social games firm accounted for 12 per cent of the $3.7bn revenues the site took in …

Read More »

Disney acquires majority stake in UTV

The Walt Disney Company has obtained a controlling stake in UTV including the media firm’s games publishing arm UTV Ignition. Disney will be complete the acquisition shortly via a delisting action which will see UTV’s shares removed from local stock exchanges. It will start this process from February 6th, according …

Read More »

Another games vet heads to Apple

Xbox Live marketing boss Robin Burrowes is the latest games exec to join Apple. Burrowes worked at Xbox for seven years, and was in charge of Xbox Live. He was one of the execs promoting the latest Xbox dashboard update, even attending London Games Conference and Gamescom last year. Prior …

Read More »

GAME hints at possible international sell-off

UK retailer GAME has hinted at the possible sale of some of its international operations as it continues to fight for its life in the UK. In response to press speculation the GAME Group confirms that it is in ongoing dialogue with its lending syndicate to reach agreement on revised …

Read More »

Sony Consumer Products report $1.099bn Q3 loss

The Consumer Products & Services division of Sony, which houses amongst other things its PlayStation business, has reported a loss of $1.009bn for the quarter ending December 31st 2011. Overall sales at the unit reached $12.776bn – an annual decline of almost 25 per cent. Amongst other things, the increased …

Read More »

Events