John Riccitiello has told an audience of investors that it was EA’s plan all along to seal its acquisiton of Take Two before the end of the year, rather than before the record-breaking release of GTA IV. Kotaku reports that Riccitiello spoke of the Take Two deal at William Blair …
Read More »Loco Roco 2 confirmed?
In an exclusive interview with MCV, Sony has apparently revealed that it will be releasing a sequel to the quirky 2006 PSP exclusive. The firm named LocoRoco 2 as a key software title for the PSP this year, along with Echochrome, Buzz the Master Quiz and Secret Agent Clank. For …
Read More »In-game advertising works, says research
A recent study from IGA has indicated in-game advertising benefits brand and consumer alike, with 82 per cent of consumers reacting positively to ads during game play. The research, which took results from over 1,300 gamers, found that there was an increase of 61 per cent favourable opinions of products …
Read More »Take Two: EA offer still under value
Take Two has responded to EA’s latest bid extension by re-affirming its belief that the deal still significantly undervalues Take-Two” and that the proposal is contrary to the best interests of Take-Two stockholders.” In a response issued just minutes after EA extended its offer deadline to July 18th, chairman of …
Read More »EA extends Take Two offer deadline again
Having swept past the previous deadline of June 16th , EA remains determined to push through its offer for Take Two and has extended its tender offer for all currently outstanding shares of common stock to expire at 11.59pm on July 18th. Our offer price remains unchanged at $25.74 per …
Read More »Win a copy of Cooking Guide on DS
Fresh from offering five lucky MCV readers a copy of Super Smash Brothers Brawl , Nintendo is now offering you all the chance to win a slice of the Cooking Guide action, with five copies of the game available to win. To be in with a shout, simply answer the …
Read More »Retail calls for uniform release day
Retailers have asked publishers to stick to Friday release dates in the wake of increased mid-week releases. Blockbuster titles Halo 3 and Grand Theft Auto IV enjoyed Wednesday and Tuesday releases respectively, and Metal Gear Solid 4 was released this week on a Thursday. Yet UK retailers fear that if these …
Read More »Midway: Expectations are high for Wheelman
Vin Diesel’s The Wheelman is screeching onto PC, 360 and PS3 this autumn, and it’s the game that Midway believes will help the firm improve its sales performance in Europe. Development duties for the title are being shared between Midway Newcastle and Vin Diesel’s Washington-based Tigon Studios, and Europe is …
Read More »Infogrames halves annual net losses
Atari parent Infogrames has halved its annual net losses from €103.1 million in FY2006/2007 to €51.1 million for this fiscal year. The firm has also forecast a return to profitability within 18 months. Operating losses were also cut year-on-year, from €61.8million to €45.5million. Revenues hit €290.7 million a decrease from …
Read More »EA/Take Two deadline passes
The deadline for EA’s tender bid for Take Two has passed without incident for the second time in a row. Analysts are now predicting that EA will have to draw a ‘new line in the sand’ when it comes to the deal – and announce a fresh deadline today. Take-Two …
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