Game industry business news

An analyst for investment bank Nikko Citigroup has stated that thanks to the redesigned 40GB PS3 Sony has whittled down the amount it costs to manufacture its console from $800 to around $400. Spong quotes Kota Ezawa as stating: "We applaud Sony’s efforts to shrink the PS3’s chips and tweak …

Nintendo of America has confirmed the appointment of two new faces at its new Californian office. Replacing former vice president of marketing and corporate affairs Perrin Kaplan will be Denise Kaigler (pictured), who joins following 16 years serving as Reebok’s head of global corporate communications and corporate citizenship. Kaigler has …

Following a period of ongoing problems that saw many gamers go without access to multiplayer gaming over Christmas, Microsoft has now confessed that it is unable to update gamers as to its progress in addressing the issues. Microsoft previously stated that a high number of new Live subscribers over the …

Those of you whose juices had begun to flow following last week’s news of a possible Xbox Live Arcade version of Rare’s celebrated N64 shooter Goldeneye should brace yourself for disappointment – the game has been canned. 1Up reports that the very real conversion was a mere two months from …

With the release of the sequel to 2005’s Sin City movie on the horizon, Red Mile has told MCV that the video game adaptation of the dark and violent world will arrive early next year. First depicted in Frank Miller’s series of graphic novels, Sin City was made into a …

Whilst those crazy Americans have been lapping up the Xbox Live demo for months now, European Katamari fans have been putting up with a frustrating wait for the region-encoded game to arrive on this side of the Atlantic – but the wait is now over. Atari has confirmed that it …

Sega has confirmed that the Xbox 360 version of its massively popular Football Manager 2008 will arrive on March 28th. Having already gone down a storm on PC, where it continues to trouble the charts, and enjoyed a very successful stint on PSP, the Xbox 360 version is highly anticipated …

Growing publisher Codemasters has said that it is to life the wraps on a brand new MMO outing at its upcoming Connect 2008 event in March. We have no idea what the title is called of what it will be about, but the publisher has said that it will be …

Electronic Arts is to open a new studio in Seoul, Korea. According to a report in Korean newspaper Chosun , the new development offices will be opened within 2008 and will work on creating up to three online titles for the publisher. To read the story in full head over …

Speaking at a gathering for Japan’s Computer Entertainment Supplier body, Square Enix president Yoichi Wada has predicted that the Japanese games market will enjoy a third consecutive year of growth and reach an all new high in 2008. Bloomberg reports that revenue for the period should exceed YEN 700 billion, …