Is the Government on PEGI’s side?

Is the industry’s hunch that Government is on its side jumping the gun? We’ll have to wait and see (and according to the DCMS we won’t have to wait long). But it’s not like ELSPA’s positive attitude is without merit. Unless it was just a spectacular coincidence that, when speaking …

Read More »

25 devs laid off at Gearbox

Gearbox Software has laid off up to 25 of its staff as part of a strategy shift at the studio, according to reports on the web published over the weekend. Originally, sources reported that the redundancies came as production on Sega’s Aliens: Colonial Marines was halted, but studio head Randy …

Read More »

Only 4% of games make a profit

California based research company Electronic Entertainment Design and Research has claimed that only four per cent of titles that make it to market go on to make a profit. Speaking to Forbes Geoffrey Zatkin, president of the 20-man sales data firm, divulged a number of interesting facts relating to a …

Read More »

DS sales hit 1.5m in Oz

Nintendo has broken more records in Australia – as the DS reaches 1.5 million sales, with the Wii following on 750,000 units. According to GameSpot, the DS reached its milestone in 194 weeks, while the Wii took 102 weeks. Both devices broke the record for fastest-selling console to reach 1.5 …

Read More »

Midway could be delisted from NY stock exchange

Midway is in danger of being delisted from the New York Stock Exchange after failing to meet the standard share price for continued listing. The firm has admitted its failure over maintaining a minimum average closing price of $1 per share over 30 consecutive trading days. Company stock was 25 …

Read More »

Midway banks on fighting game resurgence

With Soul Calibur IV and Smash Bros. both topping the charts this year, Midway is confident Mortal Kombat vs. DC Universe can make it a hat trick of comebacks for the beat ‘em up genre. The latest Mortal Kombat hits retail today (November 21st), and brand manager Mark Cook says …

Read More »

A view to subscribe to?

Last month we looked at the potential of advertising as a core or ancillary revenue stream for games companies. This month I want to turn our attention to the venerable subscription, a business model that Games Investor estimates will generate over $2bn in the West this year.

Read More »

Events