High levels of corporate debt have been cited as the reason behind credit ratings agency Moody’s decision to downgrade its Sony stock rating status to ‘junk’. "While Sony has made progress in its restructuring and benefits from continued profitability in several of its business segments, it still faces challenges to …
Read More »Minecraft sells 1m copies on PS3
Minecraft has already sold 1m copies on PS3, following its launch on PlayStation Network in December. As part of Mojang’s announcement, the developer/publisher offered that the hot start "has to be some kind of record on PSN." Though that’s not yet official. The indie hit easily achieved the milestone in …
Read More »Slim PlayStation announcement next week
PlayStation UK is teasing a new ‘slim’ announcement for next week. The invitation to a breakfast event set to take place at 9am on January 30th simply reads: Following the biggest launch in PlayStation history,join us for an introduction to the slimmest.” What could it mean? Well if we were …
Read More »Pellett named new editor for PlayStation: The Official Magazine
GameMaster editor Matthew Pellett has been named editor of PlayStation: The Official Magazine. Pellett joined the team in 2007 as staff writer on Xbox World 360, he moved over to GamesMaster in October 2011 and worked his way into the editor’s chair. His replacement on GamesMaster will be announced ‘in …
Read More »Non-disclosed YouTube payments unlikely to fall foul of US law
The ambiguity surrounding the frankness of YouTube payment disclosures means that this week’s scandal is unlikely to result in any legal action in the US. Federal Trade Commission Betsy Lordan told Polygon that FTC guidelines are designed only "to help advertisers and endorsers comply with federal advertising law” and that …
Read More »New PS4 stock arrives at GameStop
The PS4 is back in stock at GameStop, but the retailer warns quantities are limited. The company announces that Sony’s next-gen console is available again in both its online store and physical shops—but don’t expect the new arrivals to last. [We’re] selling out of the consoles just as quickly as …
Read More »UPDATE: Growing reports of PS4 data corruption error
A thread on the PlayStation forum regarding a specific data corruption error is pointing towards a problem for Sony’s machine. Currently standing at 36 pages long, the thread focuses on the CE-34878-0 error. The sisue doesn’t seem specific to any particular title and has manifested for players of various games …
Read More »UPDATE: Borderlands 2 dated on Vita
2K Games’ Borderlands 2 finally has a firm release date on PlayStation Vita. The publisher has confirmed that the game will launch in the US on March 18th. There’s no word yet on a UK or European date. Friday March 21st seems like a logical guess, although that could mean …
Read More »Publishers demanding console price cuts next month – report
Sony and Microsoft will cut the price of PS3 and Xbox 360 next month, a US analyst has claimed. Speaking in the latest episode of Bonus Round (as transcribed by DualShockers) Michael Pachter claims that publishers will threaten to pull support for the machines unless there is a price cut. …
Read More »Sony has built cloud-dedicated PS3s for PlayStation Now – report
An army of purpose built PS3 consoles is being amassed for the launch of PlayStation Now, it is being claimed. Eurogamer reports that the new machines consist of eight custom built consoles housed in a single server unit. The company had apparently originally planned to use standard PS3 retail units, …
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