Game industry business news

Nintendo has responded to worries that only first-party titles are selling on the Wii, stating that it believes the situation is only temporary. According to the company’s third-quarter report meeting transcription, translated by MCV sister site Develop, the problem is simply one of the Wii still being a young system …

Following a whopping multi-million dollar merger with GSPAC, newly-named SouthPeak Interactive Corporation has told MCV that it will step up its game portfolio and take on the big guns of the publishing world. The big-money merger with Global Services Partners Acquisition was revealed last week, a transaction which is made …

Woolworths has announced that Lloyd Wigglesworth has stepped down as managing director of EUK. Wigglesworth has led the distribution arm of Woolworths through a number of changes during his time at EUK, including the acquisitions of THE and Bertram, and will also retire from the Board. Steve Lewis, currently MD …

Activision’s Call Of Duty 4: Modern Warfare has taken the top spot in the US’s PC chart for the week of January 13th – 19th, according to NPD data. Three World of Warcraft titles follow the FPS, with the original Blizzard MMO in second, the ‘Battle Chest’ compendium in third …

Specialist publishing powerhouse Future reported revenues of 40.6 million for the three months ending December 31st 2007 – down 1.5 per cent compared to the same period in 2006. Future attributed the drop to ‘project phasing of customer publishing revenues’ which despite being down in the first quarter are expected …

Sega’s Mario and Sonic and the Olympic Games has to make do with second spot in this week’s ELSPA/ChartTrack all formats chart, while Activision’s Call of Duty 4 is down one place to three. Burnout Paradise’s top selling debut week is split between the Xbox 360 and PS3 formats, which …

Future versions could contain physics, AI or inverse kinematics engines

Toshiba has spoken out in response to Woolworths’ announcement that it is to phase out HD-DVD from its stores in March. The retailer revealed today that it would only sell the format via its website in future, after Blu-Ray outsold HD-DVD by ten-to-one in its stores over Christmas. European assistant …

Cambridge developer to launch casual portal

The leading games retailer can begin the integration of the two companies in earnest after the Competition Commission finally approved GAME’s 74 million acquisition of Gamestation – but that doesn’t mean a summer of major upheaval, said deputy CEO and group finance director David Thomas. We’ll start to implement the …