Atari borrows $10 million

US publisher Atari has entered into a $10 million credit agreement with Infogrames shareholder Bluebay Asset Management, but has added that the loan alone will not be enough to meet its demand throughout the busy Q4 period. "This revised credit facility is a major step in addressing Atari’s liquidity needs …

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Yahoo CMO joins Nintendo

Following the spate of staff changes that were announced after Nintendo’s confirmation that it is moving its NoA headquarters from Seattle to San Francisco Bay, two new faces have joined the American arm of the company. Cammie Dunaway, the former chief marketing officer for web giant Yahoo!, joins the firm …

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Life in the Fast Line

A year after acquisition, how is Black Rock Studio changing under the guidance of Disney and how does that play into House of Mouseâ??s plans for games? We spoke to Tony Beckwith, studio chief, and Disneyâ??s VP of European production Ed Bainbridge to find outâ?¦

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Manhunt 2 thrown possible UK lifeline

Though there’s been no indication that Manhunt 2 publisher Rockstar is considering such action, it has been revealed that an 23 year old legal ruling means that it would be perfectly legal for the publisher to offer its controversial title for download. The Register reports that downloadable games are not …

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Sony: Games losses double but overall profits climb

Sony has confirmed that operating losses for its games division have more than doubled for the quarter ending September 30th, hitting YEN 96.7 billion compared to YEN 53.2 billion in the same period last year. However, across the whole business Sony posted a quarterly operating profit of YEN 90.5 billion, …

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Codemasters gets Steamed up

As the importance of digital distribution continues to grow, UK publisher Codemasters has become the latest big name label to sign up to Valve’s popular online distribution service Steam. The first Codies content to appear on the network in Europe will be Clive Barker’s Jericho, which will be released online …

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Xbox Live hits India

To celebrate its first year in the Indian market, Microsoft has announced that its globally successful Xbox Live gaming and download service will be launched in the country on November 5th. The network will launch with a host of exclusive local content, such as downloadable Bollywood films and trailers. As …

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Nintendo half-year profits double

Nintendo’s year-on-year first-half profit and sales figures have doubled after the continued success of Wii and DS. The company has now raised its profit outlook to a record for the second time this year, reports Bloomberg . Net income jumped to 132.4 billion yen (586 million) in the six months …

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