Game industry business news

Nintendo value soars

The strong success of both its handheld DS and its motion sensing home console Wii has seen Nintendo’s profit soar to make it the second most valuable company in Japan. Next-Gen reports that the company’s share value has quadrupled over the past two years, seeing it oust Canon to trail …

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Gamestation investigation to cost GAME £4.5m

High street retailer GAME has forecast that it will lose 4.5 million ‘complying’ with the Competition Commission’s inquiry into its acquisition of Gamestation. The firm revealed the news today in its interim results for the six months ended July 31st, 2007, in which it also reported that it had already …

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Gamestation investigation to cost GAME £4.5m

High street retailer GAME has forecast that it will lose 4.5 million ‘complying’ with the Competition Commission’s inquiry into its acquisition of Gamestation. The firm revealed the news today in its interim results for the six months ended July 31st, 2007, in which it also reported that it had already …

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£299 PS3 imminent?

Consumer site CVG is reporting that several” off-the-record sources have assured it that Sony is preparing to counter the massive hype generated by Microsoft’s release of Halo 3 by launching a stripped down 40GB version of the PS3 for 299 in the UK. Sky News is apparently reporting that the …

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£299 PS3 imminent?

Consumer site CVG is reporting that several” off-the-record sources have assured it that Sony is preparing to counter the massive hype generated by Microsoft’s release of Halo 3 by launching a stripped down 40GB version of the PS3 for 299 in the UK. Sky News is apparently reporting that the …

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Halo 3 could hit $170 million

US news agency Bloomberg reports that Microsoft’s stock has seen a massive lift ahead of this week’s release of hugely anticipated Xbox 360 FPS Halo 3, and predicts that the game could net Microsoft as much as $170 million in its first financial quarter, which ends this month. Goldman Sachs …

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Halo 3 could hit $170 million

US news agency Bloomberg reports that Microsoft’s stock has seen a massive lift ahead of this week’s release of hugely anticipated Xbox 360 FPS Halo 3, and predicts that the game could net Microsoft as much as $170 million in its first financial quarter, which ends this month. Goldman Sachs …

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GAME sales climb 45 per cent

High Street games retailer GAME has credited the success of next-gen consoles for a strong performance in the first half of 2007 that has seen like-for-like sales climb 45.6 per cent and profits reach 6.2 million. In contrast, in the same period last year the chain reported a 5.6 million …

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GAME sales climb 45 per cent

High Street games retailer GAME has credited the success of next-gen consoles for a strong performance in the first half of 2007 that has seen like-for-like sales climb 45.6 per cent and profits reach 6.2 million. In contrast, in the same period last year the chain reported a 5.6 million …

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Nominations revealed for gaming BAFTAs

Following weeks of discussion amongst video gaming’s top professionals, the nominations for the The British Academy Video Game Awards in association with PC World have finally been revealed – and it is Nintendo’s popular Wii Sports that leads the way with seven nominations. Nintendo’s game is amongst the recognised titles …

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