Search Results for: retail

Blueshore urges "fair and just" administration for GAME

The value of GAME’s assets needs to be reassessed to ensure that shareholders receive a rightful return on their investment, Blueshore Global has told MCV. Having acquired new stock in the retailer yesterday before its filing for administration and stock freeze this morning, the company – which owns nine per …

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GAME: How it got to this point… and where it’s going next

It has felt like a very slow and protracted saga, but GAME’s fall into administration today has by all accounts been swift… and brutal. The first indication that all was not well came as early as late November, when The Telegraph asked the question Can GAME survive?”. However, it wasn’t …

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GAME has filed for administration

UK retailer GAME officially filed for administration, although it will continue to trade for the time being. "Further to this morning’s announcement of the suspension of trading in shares of GAME Group plc, the board has concluded that its discussions with all stakeholders and other parties have not made sufficient …

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Ken Levine upset over Mass Effect 3 ending saga

Irrational founder Ken Levine says users calling for a revised Mass Effect 3 ending saddens him because they’d be left disappointed”. The BioShock creator was talking at the opening of a new US exhibit The Art of Video Games, reports The Verge. "I think this is an important moment," he …

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GAME Group delisted from London Stock Exchange

GAME said its board sees "no equity value left in the Group" and as such wants to be taken off the stock market. The news comes just hours after we revealed the various scenarios ahead for the stricken retailer – one of which was to go into voluntary administration to …

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GAME holds crunch talks with suppliers

A takeover at GAME still looks some way off, with the retailer having recently held talks with publishers in an effort to raise funds needed to pay store rents this weekend. GAME still hopes a takeover can be agreed, but it will not be completed in time to fund the …

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Microsoft partners with charity Right to Play

International children’s sport and play charity Right To Play has secured a sponsorship programme from Xbox 360 platform holder Microsoft for 2012. Right To Play works to improve the quality of life for children in some of the most impoverished places around the world. The deal sees MS handing over …

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INTERNATIONAL FACTFILE: Italy

The Italian video games market was worth $1.09bn in 2011, and more than half of this was generated by software sales. Italy has suffered slight declines in sales of hardware, software and accessories since 2010 but the nation is still home to a healthy retail landscape. Italy is the fourth …

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ANALYSIS: How Alan Wake survived

It was E3 2005 when Alan Wake was first unveiled. The ambitious story-driven thriller was from Remedy, the studio behind Max Payne. A series it had just sold to Rockstar for $45m. After Max Payne, we could have sat on a beach sipping cocktails for quite some time,” Remedy’s head …

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Rivals positioning for post-administration swoop on GAME

MCV has learnt that a number of retailers and suppliers are putting plans and finances in place to ensure they are ready to acquire potentially cut-price assets should GAME go into administration this week. If a deal is not struck by the weekend it is likely that GAME will be …

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