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 …

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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 …

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Latest THQ reorg will ditch 240 staff

240 staff from THQ will be impacted by its latest restructuring – over ten per cent of staff. In an SEC filings this evening, the firm detailed how the previously announced withdrawal from the kids’ licensed games market will hit its business. The resulting restructuring, the firm says, will "appropriately …

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