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Cing Files for Bankruptcy
Tuesday, March 9th, 2010While it may lack the name recognition many other DS/Wii developers manage, Cing released a few cult favorite titles on Nintendo’s platforms before they filed for bankruptcy on March 1st. Kotaku reports that the company is over 200 million yen ($2.2 million) in debt. Former releases for Cing include Trace Memory, Little King’s Story, and [...]
1 CommentPandemic Vets Form Globex Subsidiary
Tuesday, March 9th, 2010Globex Studios announced the formation of a subsidiary studio in LA recently, headed by veterans of the recently defunct Pandemic Studios. Former publishing specialist Jesse Taylor will operate as Chief Operating Officer, with former game designer/director Troy Dunniway taking of the Vice President of Game Development mantle and Carey Chico, executive art director back at [...]
No CommentsBraid, World of Goo Devs Collaborate on Indie Fund
Monday, March 8th, 2010On March 3rd, developers for some of the most acclaimed independent releases of last year have announced their funding of a self-explanatory Indie Fund. Braid developer Jonathan Blow, World of Goo devs Ron Carmel and Kyle Gabler, Armadillo Gold Rush creator Aaron Isaksen, and employee of thatgamecompany (the makers of flOwer) Kellee Santiago will reveal [...]
3 CommentsAIAS Honors Capcom COO with Scholarship
Monday, March 8th, 2010Recently Elder-Geek reported on the passing of Capcom COO Mark Beaumont, of a heart attack in late February. The Chief Operating Officer garnered a lot of respect in his tenure, evidenced by a recent scholarship passed by the Academy of Interactive Arts and Sciences (AIAS), which will donate $2,500 to four students a year who [...]
No CommentsInfinity Ward Heads File Suit Against Activision
Thursday, March 4th, 2010Former Infinity Ward studio heads Vince Zampella and Jason West is filing a suit against Activision to seek compensation and contractual rights to the Modern Warfare franchise. Attorney Robert Schwartz claims that Activision has fired the pair before they were able to obtain “substantial royalty payments “ and also haven’t paid the staff [...]
4 CommentsGames Account for 5% of Average Home Entertainment Budget
Monday, March 1st, 2010While 2009 was a financial down-turn for many video game developers and companies, the industry remains flexible in its expansion into free-to-play online and social gaming fronts. Even with the movement into new fields and formats, interactive entertainment still doesn’t factor too much into the average family entertainment budget, according to statistics recently released by [...]
No CommentsRocksteady Absorbed by Warner Bros.
Tuesday, February 23rd, 2010Rocksteady Studios flew down from the shadows to shock the community last year with their smart and fantastic take on the Dark Knight and his rogue’s gallery with Batman Arkham Asylum. With a sequel announced at the Video Game Awards this past December, analysts and consumers alike have high expectations for the London-based studio. Warner [...]
No CommentsRumor: Activision Unplugs RedOctane, Seeks Further Layoffs
Friday, February 12th, 2010Despite mega-publisher Activision-Blizzard having an amazing year in 2009, it looks like layoffs will continue to be a major part of corporate policy for the next quarter. A twitter post from George Broussard hints at a rumored 90 layoffs of Prototype developer Radical Entertainment’s employee stock, with unconfirmed reports suggesting that Guitar Hero makers Neversoft [...]
No CommentsME 2 Highest Selling January Release Ever, Dragon Age Ships 3 Million
Friday, February 12th, 2010While Mass Effect 2 didn’t make the top title in its first month on shelves, the sci-fi epic did manage to edge its way out to become the highest selling January release in video game history. Considering the game had only 5 days in the month after its release on the 26th, the title seems [...]
1 CommentTHQ Signs with SyFy
Friday, February 12th, 2010Game publisher THQ recently announced their partnership with Science-Fiction television brand SyFy, the partnership manifesting as possible TV-license video game releases and with THQ’s own titles making their way onto the network. The first IP to benefit from this is Wii-exclusive paint-splatter platformer de Blob, whose gelatinous mascot will be featured in the new SyFy [...]
No CommentsEA to Scale Down Partner Distribution
Thursday, February 11th, 2010During a recent conference call with investors, EA indicated that it is planning on shifting attention away from partner-driven development and distribution and focus more on internal development of games. It was also stated that profit margins for internally developed PC-games can be as high as 90%, with console-based games generally producing a profit margin [...]
No CommentsGran Turismo Franchise Sells Past 55 Million
Thursday, February 11th, 2010Although Playstation 3 owners are still hoping for a 2010 Gran Turismo 5 release, last year’s portable installment in the driving simulator franchise has boosted the overall sales of the IP past 55 million units. Series-developer Polyphony Digital announced the benchmark online, along with the reveal that Gran Turismo PSP nearly passing 2 million units [...]
2 CommentsEA Provides Release Window for 8 IPs
Monday, February 8th, 2010Earlier today, EA released a fiscal statement covering the third quarter of the financial year 2010, running from October 2009 through December 2009, that revealed the release window for seven IPs. Following major titles such as Dante’s Inferno and Dragon Age: Origins – Awakenings, both of which will still officially be released in the current [...]
1 Comment2009 Stats for Top XBLA Indies
Friday, February 5th, 2010While a successful title in the Indie games library of Microsoft’s Xbox Live Arcade service isn’t near what it costs the folks at Infinity Ward to send someone out for coffee, some of the service’s more lucrative IP brought in some impressive numbers in 2009. Microsoft recently added to their recently released ‘Top 20′ list [...]
No CommentsGame Crazy Closing Stores
Thursday, February 4th, 2010Rental chain Movie Gallery has announced they are filing for chapter 11 bankruptcy to structure and reorganize its business operations resulting in 760 Game Crazy stores being liquidated and closed. Movie Gallery will still run 250 Game Crazy stores at selected locations and plan on continuing normal operations with a focus on fewer, more profitable [...]
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