Sony has said that it expects losses in the unit to be double its initial forecast for the financial year ending March ’08. Reuters reports that contrary to its initial prediction of losses totalling YEN 50 billion, it now expects its gaming losses to exceed YEN 100 billion ($875 million). …

The games industry’s finest has been gathered at London’s Park Lane Hilton this afternoon to enjoy the 25th Annual Golden Joystick Awards, and it was Microsoft’s and Epic’s Gears of War that stormed the show. The Xbox 360 and PC shooter won four wards in total, including the biggest gong …

Dutch game studio to port its audio middleware

Free Radical and Frontier slam 'jumble sale' second-hand games market

LEADING developers have spoken out against pre-owned games at retail – warning that studios could turn their back on the ‘traditional’ publishing model if the trend continues. TimeSplitters and Haze developer Free Radical Design and Frontier Developments’ David Braben have both told MCV that the current system is flawed – …

Watch out Asda, Tesco and Sainsbury’s: Woolworths has promised to outspend its supermarket rivals in a bid to be crowned entertainment king this Christmas. And the general retailer has promised an ‘aggressive’ focus on games in its marketing – which recently became a bigger moneyspinner for the firm than either …

Leading global games retailer GameStop is celebrating the opening of its 5,000th store in Jackson, California. The milestone keeps the chain on-track for its target of opening between 500 and 700 new stores in 2007. "With more customers being attracted to the video game category, they will increasingly find a …

How successful would you say your initial releases on Wii have been? We have surprised ourselves at how popular they are. On the Monday after a recent release I called Koch for some copies for reviewers and was surprised and delighted to be told that we were out of stock. …

Playtesting and making the game accessible to casual gamers key, says Sims creator

Valve's digital distribution platform to sell Jericho, Dirt and Overlord