Publisher EA has offered a detailed insight into its plans going forward, and they reveal an unparalleled focus on digital console content. Speaking to analyst Michael Pachter, EA’s group general manager Nick Earl explained that the line between packaged product sales and digital revenues would soon begin to blur as …
Read More »Dubious report calls PS3 overpriced
Earlier this month MCV ran a story highlighting a ‘report’ claiming that 87 per cent of PS3 owning males had bedded their girlfriends on the night of the infamous PS3 calendar bug. The story was tongue-in-cheek to say the least. We thought we’d made it obvious that, while choosing to …
Read More »Games turn kids into sex objects
Video games have been blamed for turning children into sex objects”, a leading psychologist has claimed. TV’s Dr Linda Papadopoulos criticised games with sexual content and web browser fashion game Miss Bimbo, where girls compete to accumulate boob jobs in order to marry a billionaire”. The London Metropolitan University’s clinical …
Read More »Konami profits slip 40%
Japanese publisher Konami has reported profits of $116.7m for the nine months ending December 31st – a 40 per cent year-on-year decline. Profits were down 18 per cent compared to the same period in 2008 at $2.1bn. The steepest decline stemmed from Konami’s gaming operations, where revenue fell 33 per …
Read More »Strong profits at Sony
Japanese electronics giant Sony has posted operating profits of $1.6bn for its third fiscal quarter – its first profit in five quarters. It’s a big improvement on the $197m loss seen in the same period the year before. There were also strong results at the Networked Products and Services Division …
Read More »Looking for a new job?
2009 was a turbulent year for the industry’s workforce, with publishers and developers falling to economic troubles and jobs cut across the board. But now that the worst of recession are behind us, recruitment agencies are optimistic that this year will see a significant improvement. MCV spoke to OPM Recruitment’s …
Read More »Annual Take Two losses hit $137.9m
North American publisher Take Two has reported losses of $137.9m for its fiscal year ending October 31st. This compares to a net income of $97.1m last year. Revenue for the year hit $968.5m, which is down from $1.5bn year-on-year. 2008’s numbers were far higher thanks to the release of next-gen …
Read More »Chancellor silent on gaming tax breaks
The UK government has again rejected calls for tax breaks in the game development sector. Making what was clearly a coarse pre-budget speech for tough times, Chancellor Alistair Darling declared that his budget is one that would "secure the [economy’s] recovery and promote long-term growth." But Darling’s pre-budget speech – …
Read More »40m 3D displays predicted by 2014
A new report entitled Stereoscopic 3D Gaming has predicted that over 40m 3D-capable displays will be installed in households around the world by 2014. Its conclusion is seemingly based on both the fact that 3D films are currently outperforming their 2D variants on a revenue per screen basis and extensive …
Read More »Losses increase at Playlogic
Amsterdam-based publisher Playlogic suffered a net loss of $6.7m for the nine months ending September 30th – a significant increase on the $2m loss suffered in the same period a year before. Net losses for the quarter ending September 30th reached $3.2m, only just above the $3m loss in the …
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