$200 million pumped into Korean games industry

350 billion won ($200m) is being invested into the Korean games industy by the nation’s government, Gamasutra is reporting. The investment is set to last until 2012, with the Korean government hoping to expand the country’s games exports to $3.39 billion a year – placing the nation among the three …

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Viacom cuts 850 jobs

Viacom is to cut seven per cent of its workforce as part of a major global restructuring. 850 jobs have gone at the firm, which is the parent company to the likes of MTV Networks, Nickelodeon, Dreamworks Animation and Paramount Pictures. Its subsidiaries have been enjoying an increasingly close relationship …

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Woolies to slash ALL prices by up to 50% tomorrow

Woolworths administrator Deloitte has told MCV that the retailer will launch its ‘Biggest Ever Sale’ tomorrow – with discounts of up to 50% on all goods. Deloitte said in a statement: ‘We anticipate increased footfall in the stores and have hired additional staff to cope with increased demand. Additional goods …

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ELSPA urges parents to look for PEGI symbols at Christmas

ELSPA (the Entertainment Leisure & Software Publishers Association) has urged parents looking to purchase games for Christmas to check the game’s packaging for the PEGI age ratings and content descriptors. Games sold in the UK display PEGI ratings – a pan-European gaming-specific rating system instigated and used by all the …

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Sony: Were ahead of Xbox

Sony has moved to dispel Microsoft claims that Xbox is outselling the PS3 in Europe, revealing internal figures that say its console has sold 300,000 more units than Xbox 360 in PAL territories. And the company doesn’t feel it has to follow Microsoft and further ignite consumer interest with a …

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I’m A Celebrity casual game arrives

Casual gaming has hopped on board the topical bandwagon yet again, and this time it’s ITV’s jungle-based reality show I’m A Celebrity: Get Me Out Of Here on the receiving end. To learn more about title, and find out where you can play it, click here to head over to …

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