Tag Archives: increase

Publishers must lower the cost of games, retailers have warned – or they will cut back buying new stock when VAT rises in 2011. Buyers and store bosses are fearful that they’ll have to swallow next year’s 2.5 per cent tax rise in order to remain competitive – and want …

As Kinect goes on sale for the first time in America today, Microsoft has significantly increased its projected sales for the device in the current quarter. In September product director Aaron Greenberg predicted that Kinect would sell in excess of 3m units” this Q4. However, Bloomberg reports that Microsoft has …

Earlier this week Microsoft announced that it is to increase the price of some Xbox Live subscription packages – but Wedbush Morgan analyst Michael Pachter thinks the platform holder is preparing to take things much further. The extra $10 translates to around $100-150 million per year inadditional revenue for Microsoft,” …

Microsoft’s decision to increase some of its subscription prices for Xbox Live Gold membership is understandable and will not damage the service, EEDAR analyst Jesse Divnich has stated. The platform holder yesterday announced that monthly XBL Gold membership will increase from 4.99 to 5.99 in the UK, with annual US …

Microsoft has upped the price of Xbox Live Gold membership in the UK, US, Canada and Mexico. In the UK the price has increased for 4.99 per month to 5.99. For UK users who pay monthly this represents an annual increase of 12. Those who pay for XBL access once …

MCV understands that from next week GAME will increase the price of its GAMECare hardware insurance cover from next Monday (July 12th). It is believed that the retailer will be adding 5 to each price band, meaning that two year’s cover (that includes the standard manufacturer’s one year warranty) for …

UK games retailers will see their margins slashed in 2011 as they are forced to swallow the cost of a VAT rise. Senior retail figures have told MCV they are reluctant to raise the price of games above the watermark 39.99 price point once the extra 2.5 per cent comes …

The full year financial results for Konami this year have proved a mixed bag, with profits increasing but revenues falling. In total profit jumped 22.4 per cent year-on-year for the 12 months ending March 31st 2010, ending at $143.4m. Revenues were down 15.4 per cent at $2.8bn. Revenues at its …

Microsoft is allegedly in discussions with Peter Chernin, the former president of News Corp, to launch an Xbox 360-dedicated TV channel. Controversially, however, Chernin wants Microsoft to raise the monthly price of a subscription to Xbox Live by between $1 and $2 to fund the venture. Bloomberg reports that the …

The US video games market at last recorded a month of growth in March, climbing six per cent year-on-year to reach a value of $1.52bn. NPD says that it was the third best non-holiday month on record. However, the numbers weren’t enough to reverse the slow sales recorded in January …