Tag Archives: warning

Iwata dismisses free-to-play

The freemium model for video games isn’t just a sector that Nintendo will be avoiding – it’s one that president Satoru Iwata believes actually threatens the health of the industry. "When we look at the entire system of freemium, it’s not always that everyone is happy with the offers," he …

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Skies darken above Nokia

Finnish firm Nokia, once the giant of the mobile phone scene, has sent a chilling warning to investors. The company has warned that it is likely to report no profit for the quarter ending June and that overall handset sales would be "substantially below" the €6.1bn to €6.6bn previously forecast. …

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MP warns Sony over PSN saga

Sony must make online security a new priority, Culture Minister Ed Vaizey has said in response to the PlayStation Network data breach. But he insisted the Government would not interfere with the Information Commissioner’s Office on whether to fine Sony. Clearly, as more and more companies move their products online …

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‘We must learn from PSN breach’

The PSN security crisis – which saw personal data of 77m customers stolen and forced Sony’s online games service offline for over two weeks – is a warning to the games industry. That’s according to UK experts hoping to grow their own digital businesses. These execs say the industry needs …

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HMV issues third profit warning of 2011

UK entertainment retailer HMV has issued its third profit warning of the year so far. The chain warned, four weeks ahead of the end of the financial year, that annual profits before tax would now be around 30m. When it issued its second profit warning last month it predicted that …

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Dixons warns of profit slump

Dixons Retail has issued a profit warning for the financial year, reducing its forecast to 85 million from predictions of 100 to 110 million made in mid January. Citing reduced customer confidence across a range of markets, the retailer has laid out a four step plan to ensure it remains …

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Harrison issues chilling warning to publishers

The video games industry of tomorrow is likely to be bossed by a very different leading pack as traditional publishers refuse to accept the changing face of the market. That’s the warning issued by former Sony Worldwide Studios boss and current general partner at London Venture Partners Phil Harrison. "It’s …

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We Dare to carry warning label

Ubisoft has confirmed that this week’s Wii and PS3 release We Dare will carry an additional warning sticker in addition to its PEGI 12 age certificate. We Dare is intended for a mature audience and Ubisoft created its marketing campaign accordingly," the company told Cubed3. "The PEGI ratings system is …

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GDC11: Rovio counters Nintendo’s app warning

Speaking at a lively session at the Game Developers Conference today, Rovio exec Peter Vesterbacka has argued that 59p title Angry Birds is in no way disposable. In February, Nintendo’s US boss Reggie Fils-Aime said one of the biggest risks today in our gaming industry are these inexpensive games that …

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Bigpoint’s Facebook warning

For someone leading a cutting edge web games firm, Bigpoint CEO Heiko Hubertz has a surprising love-hate relationship with Facebook. As the biggest social network in the world, much of what he calls the big hype” around online games is focused on Facebook’s successes – Zynga and FarmVille or EA’s …

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