Codemasters has today confirmed that India’s Reliance Big Entertainment has bought a 50 per cent stake in the firm alongside existing investor Balderton Capital. Reliance’s gaming division, Zapak Digital Entertainment, will oversee the Codemasters investment. Zapak is the largest gaming company in India, and already has interests in online casual …
Read More »An even break
Tiga and ELSPA (sorry, UKIE) should be likewise singled out for applause after lobbying so hard and presenting the industry so well to the people that matter during the last two years. Same goes for people like Ian Livingstone – you couldn’t interview the man of late without him (rightly) …
Read More »Io Interactive drops 35 staff
Danish developer Io Interactive has laid off 35 members of staff. The company behind Hitman, currently working on Kane & Lynch 2 Dog Days, employed around 200 people, according to local reports. Io, formerly owned by Eidos, was transfered to Square Enix ownership last year. The company released a statement, …
Read More »UKIE okay?
I would suggest a more pragmatic attitude. UK Interactive Entertainment is perfectly acceptable as the new name. UKIE? People will get used to it. After all, we dealt with Nintendo choosing Wii as a console name and that was proper mental. There are a variety of very good reasons for …
Read More »ELSPA Question Time event on tonight
Today is the day three main political parties head to BAFTA’s London HQ to discuss the game industry’s most pressing issues. Hosted by ELSPA, the Videogames Industry Pre Election Question Time 2010 will host a panel of three key MPs: Labour’s Tom Watson, Conservatives’ Ed Vaizey and Lib Dem’s Don …
Read More »Key GAME execs promoted
Two of GAME’s senior management have been promoted to new strategic roles, the firm has announced this morning. Martyn Gibbs has become managing director of the group’s UK & Eire operations, which covers both the GAME and Gamestation chains. Gibbs, previously customer and brand director, will have responsibility for developing …
Read More »No Champions Online for console
After more than a year of ‘will they, won’t they’, Cryptic Studios and Atari have backed away from bringing Champions Online to consoles. The PC superhero MMO was mooted as an Xbox 360 game, through the latter part of its development. But even then, Cryptic said that finding a model …
Read More »Kongregate: Virtual goods rising
Free online games aggregator Kongregate says revenues from sales of virtual goods is increasing by 30 percent every month. The privately held firm won’t release actual revenues, but says the market for free-to-play can work with a virtual goods model. San Francisco-based Kongregate pulls together thousands of games from independents, …
Read More »Nintendo unveils new 3DS handheld
A successor to the DS is on the way from Nintendo. Called the Nintendo 3DS, the device will feature 3D displays with added depth and detail. The 3DS will, Nintendo says, allow users to play "games [which] can be enjoyed with 3D effects without the need for any special glasses". …
Read More »Warner Bros plans Montreal studio
Warner Bros. Interactive is planning to open a new development studio in Montreal. Warner Bros. Interactive president Martin Tremblay says the new studio will employ up to 300 staff. He unveiled the plans to local politicians, who have stumped up a $7.5 million grant as well as various tax credits. …
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