News

Sony Gaming Business Revenues Drop As PS3 Sales Decline
Sony Gaming Business Revenues Drop As PS3 Sales Decline
Sony has posted its financial results for the first fiscal quarter ended June 30, noting a 12 percent drop in revenue in its gaming business to $1.5 billion, while sales of the PlayStation 3 hardware were down.
July 28, 2011
Capcom Revenues Decline With No Major Fiscal Q1 Launches
Capcom Revenues Decline With No Major Fiscal Q1 Launches
Capcom has posted financial results for the first quarter of the current fiscal year, noting a 37.2 percent drop in revenue to ¥11.95 billion ($153.7 million), but a marginal increase in profits.
July 28, 2011
Nintendo 3DS Reduced to $170, 20 Free Games For 'Ambassadors'
Nintendo 3DS Reduced to $170, 20 Free Games For 'Ambassadors'
Nintendo has confirmed that the Nintendo 3DS is to receive a price cut next month, with those consumers who have already bought the console set to own 20 Virtual Console games for free.
July 28, 2011
Nintendo Reduces Expected Profits For Current Fiscal Year By 82%
Nintendo Reduces Expected Profits For Current Fiscal Year By 82%
Nintendo reduced its financial forecast for the current fiscal year, cutting expected profits by 81.8 percent, while also noting that it saw net loss of $324.1 million during the period and 4.32 million 3DS units shipped to date.
July 28, 2011
Analyst: 3D Product Awareness Down Overall, Up For Video Games
Analyst: 3D Product Awareness Down Overall, Up For Video Games
Overall awareness of 3D video products in American consumers has declined in the last seven months, according to an analyst report - however, awareness in 3D video via games consoles has increased.
July 28, 2011
EA Sees 'Poor Returns' On 3D, Focuses On Social Instead
EA Sees 'Poor Returns' On 3D, Focuses On Social Instead
EA has seen poor returns when allocating its resources to displaying its games in 3D, according to CEO John Riccitiello, who says that the company would prefer to use those resources focusing on social features.
July 28, 2011
EA To Respond To Antitrust Claims Over Unpaid Student Athletes
EA To Respond To Antitrust Claims Over Unpaid Student Athletes
A California judge has ordered Electronic Arts to respond to claims that it conspired with the National Collegiate Athletic Association to find a way around paying student athletes represented in its games.
July 28, 2011
Virtual Goods Vet Secures $1.5M Funding For New Social Games Studio
Virtual Goods Vet Secures $1.5M Funding For New Social Games Studio
Super Rewards founder Jason Bailey, along with Pot Farm developers Josh Nilson and Galan Akin, have secured $1.5 million in angel funding to found a new Vancouver social games studio called East Side Games.
July 28, 2011
Redbox Expanding Kiosk Game Rentals Following Profitable Quarter
Redbox Expanding Kiosk Game Rentals Following Profitable Quarter
Following a quarter that supplied its parent company with $26.7 million in profit, Redbox has announced that it will expand its video game rental services to 5,000 additional kiosks across the U.S.
July 28, 2011
Nintendo's Rhythm Heaven For Wii Tops Japanese Sales Chart
Nintendo's Rhythm Heaven For Wii Tops Japanese Sales Chart
Rhythm Heaven for Nintendo's Wii -- the latest in a series of rhythm games that started in 2006 -- was the top-selling game in Japan last week, providing a rare boost for the aging console.
July 28, 2011
Feature: MMO Developers, Get This From Your Publisher, Or Else
Feature: MMO Developers, Get This From Your Publisher, Or Else
In Gamasutra's latest feature, GamersFirst SVP of Product and Platform Development Frank Cartwright outlines six essential elements that every MMO developer should seek f
July 28, 2011
Opinion: Layoffs - A Game Dev PSA
Opinion: Layoffs - A Game Dev PSA
In this reprinted #altdevblogaday-opinion piece, WB Games Seattle animator Mike Jungbluth offers advice for anticipating layoffs, recognizing when a studio is about to shed staff, and preparing for your new job sea
July 28, 2011