Game industry business news

Win five new Rising Star Games

Rising Star Games is about to release a fistful of Hudson Soft games based around the Bomberman and Dungeon Explorer franchises. And to mark the occasion they are offering you the chance to win every single one of them. Up for grabs are copies of Bomberman Land Wii, Bomberman Land …

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The Return of Atari

Brand Atari has taken quite a beating in the last few years – but it still holds a special place in the industry’s collective mindset. Even if you have no personal experience of working with the likes of Bruno Bonnell, there’s still fond gaming memories to fall back on – …

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The story so far

Harrison has been immersed in the creativity, technology and business of game development for more than 20 years. In September 2005, Sony Computer Entertainment unified its regional product development operations under a global structure, Sony Computer Entertainment Worldwide Studios, and appointed Phil to serve as President of the new organization. …

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Take Two value leaps 47%

Take Two’s pre-market stock valuation enjoyed a huge 46.9 per cent increase this morning, following news of EA’s bid for the firm . Shares of Take Two rose to $25.50, up from Friday’s Nasdaq close of $17.36. MCV broke the news of EA’s bid yesterday, which totalled $1.9 billion. Optimism …

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EA launches Take 2 acquisition website

As part of its freshly announced intentions to snap up Rockstar (and thus Grand Theft Auto) owner Take 2, EA has launched a new website dedicated exclusively to the news. The main text of the open letter from EA CEO John Riccitillo can be found here. Elsewhere on the site, …

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Xbox 360 HD-DVD player discontinued

Following Toshiba’s decision to cease development and production of HD-DVD equipment, Microsoft has now confirmed that manufacturing of its HD-DVD add-on for Xbox 360 is also to end. A statement from the firm read: ”As a result of recent decisions made by Toshiba, Hollywood studios, and retailers, Microsoft plans to …

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AUSTRALIA: R rating in discussion

The Australian Government says it is considering introducing an R rating for video games, which would allow the sale of more explicit titles in the country, according to ABC news. Debate has been ongoing that an 18 or R rating should exist for more adult software, which was reignited following …

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Why we want Take Two

We’ve issued a press release that explains why the deal is attractive for the shareholders of both Take Two and EA. Now I want to share some perspective on why it would be good for the people who make Take Two’s games and, just as important, the people who play …

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Take Two: EA offer was inadequate

Take-Two decided EA’s $2bn offer was "Not in the best interests of its stockholders” and rejected the bid. We believe EA’s unsolicited offer is highly opportunistic and is attempting to take advantage of our upcoming release of Grand Theft Auto IV, one of the most valuable and durable franchises in …

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Phil Harrison quits Sony

President of Sony Computer Entertainment Worldwide Studios Phil Harrison will resign as of February 29, 2008. Kazuo Hirai, President and Group CEO of SCEI, will immediately assume responsibilities as president of SCE WWS, in addition to his current duties. As one of the founding members of SCE, Phil played a …

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