Kotick turns $50 into $500

With increasing development costs putting upwards pressure on new releases to maximise their sales potential, Activision Blizzard boss Bobby Kotick has explained that modern releases can now make ten time the revenue that they used to. In the last cycle of videogames you spent $50 on a game, played it …

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CHINA: Shanda in $725m IPO

Chinese web giant Shanda is to sell off a 22 per cent share in its online gaming unit next week, as part of an IPO estimated to be worth $725 million. Shanda Interactive Entertainment Ltd, the parent company of Shanda Games, has agreed to a Nasdaq-listed initial public offering set …

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COD 4 renamed Reflex on Wii

Nintendo has confirmed Call Of Duty 4: Modern Warfare will be renamed when it arrives on Wii this November. In a press release detailing all of the titles due for releases on its platforms, the company listed Call Of Duty: Modern Warfare: Reflex under Activision Blizzard’s Wii line-up. A Wii …

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Modern Warfare 2 Xbox 360 revealed

Microsoft has announced a limited edition Modern Warfare 2 Xbox 360 console complete with 250 GB hard drive. The machine will be made available exclusively through GAME and Gamestation, and boasts a warzone design, two wireless controllers, an Xbox 360 headset and a standard copy of Modern Warfare 2. The …

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Batman sneaks onto PC this week

It’s topped the charts and won almost universal critical acclaim following its release on consoles – and now Eidos’ Batman: Arkham Asylum is preparing to woo PC gamers. The publisher has confirmed that the game will be released this Friday – September 18th. Arkham Asylum also supports Microsoft’s Games for …

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