Tag Archives: money

OPINION: Diablo III auctions a smart move against gold farmers

By introducing real money auctions for virtual items in Diablo III Blizzard has upped its game in the fight against illegal ‘gold farmers’. For online games such as World of Warcraft where it can take months or even years to forge a strong character, time is money. Forget monthly subscriptions …

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Diablo III lets gamers sell items for money

World of Warcraft developer-publisher Blizzard has revealed an in-game auction house in Diablo III that uses real money. Gamers will be able to buy, sell and trade digital items in the PC RPG using real-life currency, with sellers taking the majority of the cash” for each transaction. Blizzard showed off …

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Apple’s cash reserves are bigger than the US Government’s

Well, it finally happened. Steve Jobs’ consumer electronic empire Apple now has more money to play with than the US treasury – the world’s biggest economy and lynchpin of the Western financial system. According to US Treasury figures released this week, the United States has an operating cash balance of …

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EA pumping $80m in SWTOR?

The total amount of money EA has so far ploughed into BioWare’s still delayed Star Wars: The Old Republic could be near to $100m, according to estimates from a leading US analyst. As part of EA’s deal with rights holder LucasArts, as well as paying a loyalty EA has to …

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PlayStation Home – 2 years on

Sony’s PlayStation Home is two years old. That’s a success in itself, but perhaps the service’s biggest accomplishment is how successfully it has overcome the initial cynicism and flourished into a money making business. "From a business point of view, virtual items and microtransactions… it just works," Home’s platform director …

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XBLA on track to make $140m this year

A new report from Forecasting & Analyzing Digital Entertainment has estimated that Microsoft Xbox Live Arcade service has to date in 2010 made something in the region of $46.1m, a number that if true represents a 13 per cent year-on-year increase. The study also estimates that the digital portal will …

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Sony: MS will always win when it comes to money

There are few companies in the world able to match the financial muscle of Microsoft. That’s a lesson Sony has learnt and the reason, according to SCEA’s senior VP of publisher relations Rob Dyer, why his company’s approach to third party publishers has undergone a radical transformation in the last …

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‘Free’ Runescape earns Jagex £38m

Free-to-play MMO Runescape earned its developer-publisher Jagex over 38 million in revenues in the 12 months leading up to March 2009. That’s a profit of 18 million, according to records held at Companies House. The figures were unearthed by Games Brief, and go some way to showing that free-to-play models …

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No Twilight game ‘has lost millions’

The games industry is missing out on millions of pounds in revenue due to the absence of a licensed Twilight video game. Both the original books by author Stephenie Meyer and the subsequent film releases from Summit Entertainment have become a worldwide phenomenon. With the franchise yet to penetrate the …

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Square spends millions to fulfil Fantasy

Millions of pounds will be spent on the marketing campaign for Final Fantasy XIII, MCV understands. The publisher plans to make the game’s launch a true event” with a heavyweight TV campaign that will kick off on March 1st and run through Easter and into April, including spots during football …

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