Game industry business news

Warranty costs drive $1.89b loss for Microsoft

Microsoft’s Entertainment and Devices Division, which houses the firm’s Xbox operations as well as its Zune MP3 player, TV and mobile products, has seen its operating loss for the latest fiscal year increase by 47 per cent, reaching $1.06 billion. The losses were blamed on the $1 billion warranty costs …

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Wii sales top 3m in Japan

Japanese magazine publisher Enterbrain reports that Nintendo’s Wii has sold 3.01 million units in Japan, with the DS topping 18 million, according to Reuters. Both consoles have broken sales records in a short period of time – with Wii launching on December 2nd last year in the territory and DS …

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Futures online success continues

Future Publishing’s consumer games site GamesRadar is celebrating after its first ever ABC Electronic certificate – which confirms that the portal attracted over 3.25 million unique users between May 1st and 31st. The website, which has offices in the UK and USA, generated 42.86 million page impressions during the period. …

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Sonys Hirai to keynote at Tokyo Games Show

The new head of the PlayStation division’s address is to be entitled The Expanding PlayStation World, Business Strategy For New Growth,” according to a report on IGN. Following a muted showing at E3, Kazuo Hirai is expected to kick off Japan’s biggest games show by revealing more online functionality and …

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Confirmed: No X07 this year

The rumour originally surfaced from a SquadXP podcast, in which Microsoft’s Xbox 360 and Xbox Live group product manger Aaron Greenberg stated: There’s not a real X07 this year, but I think we’ll figure out some way to talk about 2008 sometime in a different event or a different type …

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Resi heads to Africa

In an interview with Japanese consumer games mag Famitsu translated by IGN , Resident Evil 5 producer Jun Takeuchi has unveiled some new details about Capcom’s hugely anticipated upcoming next-gen survival-horror title. Taking place in what appears to be an African setting, Resi 5’s zombies will once again depart from …

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Rockstar to bring Table Tennis to Wii

Another UK studio has taken to Wii development, with Rockstar Games’ Leeds team working on a conversion of its San Diego sister studio’s Table Tennis game. The game is due out later this year and adds Wiimote functionality to the title’s table tennis league gameplay, reports developmag.com. "Ever since we …

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THQ signs up to Steam

Valve has announced that publisher THQ has signed up to distribute its games on the US independent developer’s Steam service. MCV sister site Develop reports that the firms believes the industry will see product from "some of the most prestigious development studios in the gaming industry" on the site as …

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Sky to televise gaming tournament

BSkyB will broadcast the first professional video games league, the Championship Gaming Series, to UK audiences later this year. The league consists of online competitions, live qualifying events, a UK Championship, and an international World Championship final taking place in California during November. Live qualifiers will take place in Birmingham …

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