Q2 losses for SouthPeak

Virginia-based US publisher SouthPeak Interactive has seen the $1.2m profit it enjoyed in the quarter ending December 31st 2008 turn into a $2.6m loss for the same period in 2009. Also down were revenues – they fell from $17.3m to $10.1m, a decline of 42 per cent. Operating costs, however, …

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PS3 Motion Controller demo at GDC

Sony is set to demonstrate the latest version of its motion controller prototype at this year’s Game Developers Conference in March. The unveiling will give a rare public presentation of the unfinished peripheral, which was first unveiled at last year’s E3 event. The full story can be read on Develop.

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Wii price cut needed immediately, analyst claims

Despite the last Wii price cut arriving as recently as last September, one analyst has claimed that nintendo needs to drastically reduce Wii’s RRP as soon as possible or else face market share erosions at the hands of Microsoft’s Natal and Sony’s PS3 Motion Controller. Nintendo built the majority of …

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Wapshott leaves ELSPA

ELSPA has confirmed to MCV that Tim Wapshott has departed the trade body. A brief statement from director general Michael Rawlinson reads: ELSPA announces that Tim Wapshott, head of communications, has now left the organisation with effect from February 15th 2010. Tim has made a significant contribution to the company, …

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Exclusive titles on the way out, Sony claims

With Sony adamant that PS3 is closing the gap on Xbox 360, SCEA has said that third party platform exclusives are going to become increasingly uncommon – something that the platform holder believes will work in its favour. We’re not going to get the exclusive games – the Mass Effects, …

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Sony: Publishers have defected to PS3

Ahead of a year that Sony clearly believes will cement the PS3’s market position ahead of Microsoft’s Xbox 360, the platform holder has claimed that attitudes in the publishing community have changed and that PS3 is now seen as the safe bet for further development. The $299 price point has …

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