Tag Archives: pricewaterhousecoopers

‘Final Clearance Sale’ happening at GAME Australia

Today, a massive sale which began earlier this week on selected titles has become what the web site is calling a ‘Final Clearance’ sale. The sale is explicitly pasted on the front of GAME’s Australian web site, and constitutes 60% off the marked price off the already heavily-discounted range from …

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Over half of GAME Australia’s staff let go

The first layoffs in GAME Australia’s administration process have begun, with 281 people being let go today. The company employed until today over 500 staff. Administrator PriceWaterhouseCoopers confirmed that of those who lost their jobs today, 264 of them were from retail stores and the other 17 were from the …

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No buyer yet for GAME Australia

PriceWaterhouseCoopers, administrators for GAME Australia, today announced some interest, but no solid buyer yet for the company. In a statement released today, PwC outlined that its first meeting with GAME’s creditors took place yesterday after the deadline was reached for expressions of interest in buying the company out. At the …

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MCV Pacific Wrap-Up: GAME Australia edition

It’s been a big week down under, with GAME entering into administration, so here’s a breakdown of the entire saga. Monday: GAME Australia is officially confirmed to be in administration, with PriceWaterhouseCoopers taking up the task of facilitating the process. PriceWaterhouseCoopers offers an official statement on its intentions with GAME, …

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First meeting with GAME Australia creditors to be held next Wednesday

PriceWaterhouseCoopers has announced via a new section on the GAME Australia web site a meeting next Wednesday with creditors. The meeting aims to assure creditors that PwC is doing everything it can to either keep GAME in business, or maximise its ability to repay any debts before a potential closure. …

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Diablo III stocked at some GAME Australia stores only

GAME’s administration has cast a blemish on what should’ve been one of the most exciting days of the year for Aussie PC gamers. It was revealed early today (after rumours emerged yesterday), that customers who pre-ordered the highly anticipated dungeon crawler were receiving emails saying they wouldn’t be able to …

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GAME Australia enters administration

After a lengthy battle to secure additional backers to keep it afloat, GAME Australia has gone into administration through PwC today. The chain in Australia is an independently owned company, trading as TGW Pty Ltd, and employs around 500 people. PriceWaterhouseCoopers is handling the company’s administration process, and has stated …

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Gaming a significant part of AU entertainment sector growth

According to The Australian’s coverage of the PriceWaterhouseCoopers Outlook 2011 report, gaming in Australia is set to have compound growth of 9.5% by 2015. The report, which was released today, cited interactive games and pay-TV as the two highpoints driving growth in the Australian media sector, while print magazines and …

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Australian games market suffers dip

The Australian video game market fell by 16 per cent in 2010, but the Interactive Games and Entertainment Association (iGEA) has insisted that the downturn is a blip – and that it will soon be heading for a new high. For the calendar year 2010, Australian sales reached AUD$1.7 billion, …

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