Publishing

Losses grow for PlayStation

Sony’s games division has reported operating losses of 120 million (29.2 billion Yen) for its first quarter of 2007 after a difficult period for the console, reports The Times – more than double the loss for the same period in 2006. Sony said that it shipped 710,000 PS3 game consoles …

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US price drop for Xbox 360 HD-DVD

Xbox is set to drop the price of the 360 HD-DVD add-on from $199 to $179 on August 1st in the US, reports Next Generation . The firm will also offer five free HD-DVD movies with the hardware from a selection of 15 titles, which is an extension of Toshiba’s …

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Vivendi enjoys sales jump

Vivendi has issued its financial report for the first half of the year – and the sales growth of the company’s games division is outstripping that of the overall company. In total, Vivendi enjoyed revenue growth of little more than 6 per cent for the six month period up to …

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£15,000 spent on consoles for prisoners

Labour announced last night that it has spent over 15,000 on consoles for young offenders in the past two years, according to a story in national free-sheet Metro. The newspaper reports that the money had been spent on installing 120 PlayStations in young offender institutions across the country. We need …

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The world is watching LGF

After the promising start made by London Games Festival last year, chairman of LGF Keith Ramsdale has told MCV that publisher announcements made at 2007’s event will have ramifications throughout the international industry. And the EA boss has spoken of his confidence that with ‘nearly all’ major publishers and platform …

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Virgin Play opens Lisbon office

Virgin Play has moved into Portugal with the opening of a new Lisbon office designed to provide a more specialised service to the region. The publishing and distribution outfit says the move is part of its overall strategy for international expansion, coming alongside its recent announcement that it will be …

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Own-brand Tesco games to launch this year

Supermarket giant Tesco is to launch a range of own-brand budget and compilation games in time for the peak Christmas selling season. In a move that is set to shake-up the value games sector in the UK, MCV understands that Tesco will introduce the line-up to its stores this October. …

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Tesco turns supplier

In games, we’ve had it relatively easy so far. We have already seen supermarkets’ super-low price promotions and unbeatable buying power make them tough competition for the more established games retailers – in particular the indie community. MCV has revealed in the past that supermarkets are taking up over a …

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Nintendo to ramp up hardware shipments

Nintendo to ramp up hardware shipments More Wii and DS consoles on the way, global installed base figures confirmed Nintendo’s latest first quarter financial results reveal that the firm has revised its Wii and DS shipments upwards for the fiscal year ending March 31st 2008. Nintendo now plans to ship …

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