JoWooD declares insolvency

European developer and publisher JoWooD Entertainment has entered a state of insolvency. The Austria-based firm announced on its corporate website that all efforts towards restructuring of capitalisation concerning outside capital as well as equality capital had to be considered as failed”. As such, it has declared material insolvency. JoWooD has …

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Mac App Store downloads reach 1m

Apple has confirmed that 1m apps have been downloaded from the Mac App Store in its first 24 hours. There are already 1,000 free and paid apps available for Mac across categories such as games, education, graphics, lifestyle and productivity. Early users have been wowed by the ease at which …

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IGN and GameStop tie digital deal

GameStop’s growing ambitions in the digital space have received another boost with news of a new agreement with IGN Entertainment. The online media giant will take on advertising and sponsorship duties for GameStop.com and GameInformer.com. Furthermore, GameStop will integrate IGN content such as previews and reviews as well as editorial …

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PS Move is doing ‘phenomenally’

With the new breed of motion control filling the stop-gap left by where we would once expect a new console cycle, analysts have expressed their delight at the festive performance of both PlayStation Move and Xbox 360 Kinect. "Among all the analysts, I was the most bullish, forecasting five to …

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