Tag Archives: mcvuk

Disney Interactive Studios will cut down on the number of PS3 and Xbox 360 games it invests in, as the group shifts its focus to embrace more casual platforms. CEO Bob Iger said that there remains a huge opportunity” for Disney to enjoy healthy revenues in the game market, but …

Despite Disney trimming investment in high-end console projects, the firm’s CEO recognises that its newly-owned Marvel empire is well-suited to the Xbox 360 and PS3 audiences. CEO Bob Iger said yesterday that Disney Interactive would be very, very judicious” in how many high-end console projects it will green-light, focusing instead …

Preparations for the game industry’s annual jamboree are underway. The Entertainment Software Association (ESA) today opened attendee and media registration for this year’s event, due to be held June 15-17 at the Los Angeles Convention Center. The ESA says 90 per cent of floorspace is now sold, with exhibitors including …

U.S. peripherals manufacturer Mad Catz has announced a Q3 jump in sales of 19 percent, from $41 million to $49 million. For the quarter ended Dec 31, the firm scored gross profits of $16 million, up 51% from $10.5 million in the same quarter of the prior year. Margins are …

Electronic Arts has warned of lower-than-anticipated earnings for the year ahead. Reporting its financials, the company told investors to expectrevenue of between $3.65 billion and $3.9 billion for the year ending March 2011. Wall Street had targeted over $4 billion. Its fiscal results for Q3 offered some positives, following a …

In short: Amazon briefly removed MacMillan books from sale when the publisher told the retailer to stop dropping the prices of its products on digital book reader the Kindle. The resultant stand-off didn’t last long, but it highlighted a key issue around the control over pricing for digital products. It’s …

New York General Attorney Andrew Cuomo says he has issued a subpoena to 22 leading online retailers, including GameStop, as part of an investigation into ‘deceptive practices’ which lure buyers into making unwitting purchases. In a statement issued last week, reported yesterday by Kotaku, the Attorney General said that, "when …

Runaway Facebook hit FarmVille is set to appear on Microsoft’s entertainment portal MSN Games and Windows Live Messenger. FarmVille is a bona fide social media phenomenon and social gaming poster-child, with 75 million Facebook players hooking up with the game, every month. San Francisco-based Zynga says it’s targeting further growth …

Reporting slight profits for its Q3, THQ has slashed 60 jobs and announced plans to realign some of its studios towards digital distribution platforms. The company reported profits of $542,000, compared to a loss of $192 million for the same period last year. Sales were flat at $357 million. The …

Take-Two has denied our earlier report that it will layoff a segment of its workforce. The company says it will not make any significant cuts – branding current rumour and speculation in the trade that it will do so as ‘erroneous’. And while the games giant flat out denies cuts …