Game industry business news

Famed US independent buys developer of new game Left 4 Dead

Following on from the success of the inaugural PES Industry Cup at the end of October, Konami is proud to announce that the PES Industry Rankings is now open. Anyone wanting to take part can register for the first league section, which will see the top 32 players then invited …

Whilst many across the retail community have been counting the cost of a disappointing Christmas period, the games market has seen yet another bumper festive period on the High Street. In the week that the retail analyst SPSL stated that many days during the Christmas period retail performance were ‘hugely …

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The world’s largest games retailer GameStop has reported its sales for the nine-weeks ending January 5th 2008 – and much like its UK counterpart games, it enjoyed a hugely successful Christmas. Total sales for the period were $2.3 billion, a 34.7 per cent year on year increase. The top five …

Speculation regarding a Microsoft takeover of Swiss-based peripherals firm Logitech has grown amongst traders, as the industry spanning giant increased its shares in the company to 12 per cent. According to Reuters , rumors are circulating that Microsoft will launch a takeover bid for Logitech at 48 Franks per share, …

SCEJ has confirmed that the final shipment of the existing 20GB and 60GB PS3 is scheduled this month, after which the 40GB machine will be the only model in production. Along with both the increased efforts to improve software development environment and the availability of a more extensive line-up of …

A handheld sector spearheaded by DS and a home console market led by Xbox 360 have pushed 2007 software sales to unprecedented heights, MCV can reveal. Full year figures courtesy of ELSPA and ChartTrack reveal another spectacular year of game sales and a significant boost in market value. Total software …

Total software units: 75.9m (Up 16 per cent on 2006) Total software value: 1.72billion (Up 25 per cent on 2006) Total console software (units): 58.2 million (Up 26 per cent on 2006) Total console software (value): 1.41bn (Up 34 per cent on 2006) Console handheld (units): 21.4m (Up 45 per …

Director general of trade body ELSPA Paul Jackson has met with Julian Brazier MP to discuss a proposed Private Members Bill in relation to game rating classification. Brazier’s bill could result in the classification of films and games to come under the scrutiny of Parliament, and cause a major shake-up …