Game industry business news

Codemasters confirms Sega studio acquisition

Codemasters has confirmed to MCV sister site Develop that it is to take over Sega’s UK Racing Studio, as revealed earlier this week. In a statement, the firm described the move to step in and save the studio – the closure of which Develop reported just over two weeks ago …

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SHAREWATCH: SCi stock dips 17%

Shares in SCi have dropped by 17 per cent this morning , after the Eidos parent announced it had raised 60m and sold more stock to Warner Bros – effectively ending any chance of a takeover. The firm also announced that it has agreed a new distribution agreement with Warner …

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SCi raises £60m as Warner doubles share count

The future is looking brighter for SCi Entertainment this morning, after the firm raised an extra 60 million – with property tycoon Robert Tchenguiz and media giant Warner Bros buying up sizeable chunks of a new share placing. SCi CEO Phil Rogers told Reuters that Warner Bros is set to …

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Wii Fit fever hits the High Street

The next week could become one of the most lucrative in games retail history as Wii Fit hits shelves today – followed by GTA IV on Tuesday. Queues formed nationwide this morning as eager Wii owners snapped up the fitness-focused title, complete with balance board. Media coverage has hit an …

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Ubisoft looks to add 900 staff

As part of its yearly financial announcements today, Ubisoft has said it is continuing to ambitiously grow its studio operations with plans to add 900 new staff to its business in the next 12 months. The French publisher, which owns 18 studios in 13 countries, said in an earnings call …

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Ubisoft FY sales top $1bn

Ubisoft’s full year sales for the 12-month period to March 31st, 2008, reached €928 million ($1.45 billion at current exchange rates) – thanks to the outstanding success of the likes of Assassin’s Creed and the publisher’s casual range. The figure represents a 36.4 per cent jump from the same period …

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Report: Blu-Ray too reliant on PS3

Blu-Ray may have consigned HD-DVD to history’s rubbish bin , but it may still struggle to replace the traditional DVD format – not least because the format’s market is too ‘heavily titled’ towards PS3. That’s according to research firm ABI, which notes that consumer take-up of non-PS3 Blu-Ray players has …

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WiiWare Europe launch dated

Nintendo has finally confirmed a date for the roll out of WiiWare in Europe – with the download platform set for a May 20th launch in the territory. The service arrives just a matter of days after the May 12th roll out of the platform in the USA. The service …

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Nintendo’s 2008 UK release schedule in full

Nintendo has announced dates to some of its key summer titles for both Wii and DS. Included amongst the Super Smash Brothers: Brawl date, is Pokemon Mysterious Dungeon on DS for July 4th and the Ace Attorney: Apollo Justice on May 9th. The release schedule in full: Wii Software 2008 …

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