Nintendo battles EU punishment

Nintendo has told a European Union court that a €149.1 million ($232 million) fine handed to them by EU regulators for price fixing in 2002 was unjustified. The European Commission fined Nintendo and seven distributors a total of €167.8 million for colluding between 1991 and 1998 to raise prices of …

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Square Enix ready to acquire in ’08

Talking to Reuters , Square Enix president Yoichi Wada has once again pledged to grow his company globally – but this time added that he expects to buy stakes in game developers in the next year. Wada confirmed he is already in talks with a number of parties. "Economies of …

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Deep Silver: ‘Consolidation doesn’t scare us’

The CEO of Deep Silver parent Koch Media has told MCV he is confident that the label can avoid direct competition against the likes of EA, Activision and Ubisoft – and be an independent success. Speaking in a wider interview, Klemens Kundratitz said that the company had to "play our …

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Media moguls

Among the many companies in the games space eyeing expansion at the moment is Koch Media – and it may surprise you to learn exactly how ambitious its plans are. While most consider Koch to be simply a software distributor, it is busily setting about overturning that perception to become, …

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Greenpeace slams console makers

The three main console manufacturers are not doing enough to eliminate potentially harmful chemicals and metals from their consoles, Greenpeace has said. According to the BBC, the body examined materials used inside the PS3, 360 and Wii and found that, while all three machines complied with European laws, they contained …

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WiiWare hits Europe

Nintendo’s WiiWare service has made its European debut – and, as promised, there are six downloadable titles available to consumers to choose from on launch day. The service launched in Japan in March and in the US last week. Key games available from today include Lost Winds from UK developer …

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Chinas online games market worth $1.5bn in 2008

Sales from China’s online games market reached 10.57 billion Chinese Yen [CNY] ($1.5bn) in FY 2007-2008, up 61.5 per cent year on year. According to a new Research and Markets report, 6.88 billion CNY ($986.6m) came from sales revenue from online games developed independently by Chinese companies, amounting to 65 …

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