Global PSP unit sales hit 50 million

Sony has announced that it’s sold 50 million units of its PlayStation Portable handheld. The figure includes cumulative numbers of all the PSP models released to-date, and the platform holder has also announced that total PSP software unit sales have reached 200 million. As revealed by MCV yesterday, Sony has …

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Square Enix slashes earnings forecast

Square Enix has delayed the Japanese release of Dragon Quest IX, causing a massive revisal of its predicted earnings. According to a report on Japanese site ITmedia, which quotes a Square Enix release, the company has discerened that a ‘severe defect’ exists in the current build of the game, and …

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More Mario and Sonic details revealed

The next edition of Official Nintendo Magazine contains further details on the newly-announced Mario and Sonic At The Olympic Winter Games. The new Sega-published title, announced earlier today, follows on from the mega-selling original. The Wii version was the fifth best selling individual SKU of 2008, so the sequel, due …

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Namco launches bid for D3P

Namco Bandai is attempting a buyout of D3, the parent company of publisher D3P. According to andriasang, the company aims to turn D3 into a full subsidiary, and the firm claims that it has already reached an agreement to acquire 70 per cent of D3 shares Namco Bandai hopes to …

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Midway Inc. files for protection from creditors

Midway Games Inc. – the US arm of the global publisher – has asked the US Bankruptcy Court to protect it from creditors. The firm’s European and non-US operation remains unaffected by the decision. Midway In has filed for reorganisation under Chapter 11 with the Bankruptcy Court. In its filing, …

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Labels retreat from new IP

The world’s biggest publishers have been forced into reducing investment in new IP – as recession-hit consumers and a crowded market strong-arm them into relying on established brands. THQ and EA have both blamed ‘unfocused’ product slates for contributing to their disappointing Q3 results – and pledged to concentrate more …

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