Following its recent financial report and the announcement of a fresh spate of store closures, one analyst has issued a worrying outlook for the potential prosperity for the chain. The company’s current trading performance was worse than expected,” Janco Partners’ Mike Hickey stated. The departure of key executives from the …
Read More »Tories: Trust us on game tax breaks
First he was positive that the Conservatives would introduce game tax breaks, now Ed Vaizey – shadow spokesperson for the game industry – is vehement. Yet the Tory MP, speaking in response to criticisms earlier today, couldn’t promise that a game industry ‘mini-manifesto’ would be released before the general election. …
Read More »Tories ‘have abandoned game tax breaks
The Conservative Party has abandoned plans to introduce game development tax breaks, a Labour MP insists. Industry sympathiser Tom Watson, the Labour MP for West Bromwich East, told Develop that the Tories’ recent silence on the matter was evident of a party u-turn. The only conclusion I can draw is …
Read More »Game Room dev suffers further layoffs?
More staff redundancies have taken place at Australian outfit Krome, reports suggest. According to apparent anonymous sources, as many as fifty staff have been let go at the developer’s Brisbane studio. The developer was recently revealed as the team behind the Xbox Live Game Room – Microsoft’s latest addition to …
Read More »Natal and Move need GAME
Ahead of what will be one of the fiercest contests ever seen in the games industry later this year, GAME has argued that the support of High Street retail is vital to the success of the upcoming motion control revolution. Both Microsoft and Sony will launch their motion controllers, dubbed …
Read More »GAME claims leading market share on key IP
Though GAME’s recent financial results were in line with expectations and far ahead of the global declines seen in the video games market, the retailer has pointed to the heavily decreased performance of Wii on the High Street as one of the key reasons behind its struggles in 2009. In …
Read More »GAMEs digital battle cry
Leading UK video games retailer GAME has outlined its ongoing strategy that it hopes will increase the amount of its revenue that stems from its digital business. At the moment in-store physical sales still account for 94 per cent of the retailer’s total revenue, but amongst GAME’s digital aspirations is …
Read More »Morgans departure not a surprise
In the wake of this morning’s confirmation that former GAME CEO Lisa Morgan is to depart the retailer after 14 years at the helm, interim CEO Christopher Bell has insisted that the decision is not linked to the company’s recent financial performance. She had been in discussion with the board …
Read More »GAME: Digital impacting store count
It’s been a tough morning for GAME. Profits have been falling, execs have been departing, and now the interim management team has had to defend its decision to expand upon its store closure plans – the end result of which will mean the end of an additional 127 outlets. When …
Read More »Darling: I value games industrys passion
Chancellor Alistair Darling has personally endorsed the game industry as a creative force” that deserves, and needs, support in Westminster. The second most powerful man in UK politics told Develop that his recent visit to Dundee, where he toured Realtime Worlds and Abertay University, was immensely enjoyable”, and heaped praise …
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