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Atlus Being Liquidated?
Tuesday, August 31st, 2010Atlus, the company behind the Shin Megami Tensei brand and its many sub-series (Persona, Devil Summoner, among others), will soon fall victim to a streamlining effort by its parent company, Index Holdings. With the goal being to shift business to its “profitable core areas,” Index Holdings will keep the Atlus brand will remain intact for [...]
2 CommentsModern Warfare 2 Officially the All-Time Bestseller in UK
Monday, August 23rd, 2010It may have taken 41 weeks since its release, but Activision and Infinity Ward’s Call of Duty: Modern Warfare 2 has become the highest selling video game in the United Kingdom’s history. The game charted on the Top 10 for 38 of its 41 weeks, and beat out the former best-seller, Dr. Kawashima’s Brain Training [...]
No CommentsLucasArts Brings All Development in House, Cancels Force Unleashed 3
Wednesday, August 18th, 2010Paul Meegan, Lucasart’s new acting President, has reportedly axed the development (already under way) on Star Wars: The Force Unleashed 3. This in addition to the cancellation of the PSP version of Force Unleashed 2 and the impending lay-offs that most currently at work on the other versions of the game will see once the [...]
No CommentsGoogle-Jambool Buyout Confirmed, Company Invests in ngmoco
Monday, August 16th, 2010Earlier on, Elder-Geek reported on another social game maker buyout between Social Gold payment system-maker Jambool and multi-industry titan Google. Jambool has since confirmed the acquisition, although the conjectured price of $55 million (plus another $15 million at deal’s closing) was neither confirmed nor denied, as no official price was disclosed by either entity.
No CommentsNo New id Software for 10 Years, Announces Rage for iPad
Monday, August 16th, 2010While id Software has already been heavily focused on its back catalog, studio head John Carmack has confirmed the company to be solely looking to its existing brands for the next decade. Speaking in an interview with Official Playstation Magazine, Carmack discusses how Rage will be the last new IP from the developer for the [...]
No CommentsZenimax Acquires Arkane Studios
Friday, August 13th, 2010Continuing its acquisition of high-class game studios (with Bethesda Softworks and id Software already under their payroll), Zenimax Media acquired Arx Fatalis developer Arkane Studios. The founder and CEO of the the company, Raphael Colantino, will serve as the studio’s president after the transition. The company, having collaborated with several projects like Bioshock 2 in [...]
No CommentsGoogle Buying Jambool?
Wednesday, August 11th, 2010The in-fashion accessory for multi-national companies this season is social game developers, if Disney’s acquisition of Playdom is any indication. A TechCrunch report states that Google is looking into the market, specifically at Jambool, the developer of the Social Gold payment system (which allows game creators to build payment options directly into the game build). [...]
No CommentsDubai Interested in America’s Army-Style Recruitment
Sunday, August 8th, 2010According to a recent Gamasutra job posting, the Dubai Police Force is requesting the services of a CryEngine game developer to help create a training simulator for their department. Dubbed simply Virtual Training, the game has been looking to the more training-focused America’s Army segment (the Virtual Army Experience) for inspiration. The position is a [...]
No CommentsTrue Crime Delayed
Sunday, August 8th, 2010In an almost direct mirroring of Electronic Art’s recent earnings report announcement, Activision Blizzard has announced that one of their highly anticipated titles – True Crime: Hong Kong, originally scheduled for release sometime this Fall – has been pushed back into next year. The hopeful revamp of the sandbox action franchise has been building up [...]
No CommentsStarcraft Becomes Fastest Selling RTS Ever
Tuesday, August 3rd, 2010To little surprise, Blizzard’s epic follow-up to the hallowed Starcraft has been met with both critical favor and record-setting sales. In the U.K., the sequel outsold the lifetime sales of the original in its first 24 hours on store shelves. The game sold over a million units within on Day 1, making it “the best [...]
2 CommentsLord British Wins $28m Lawsuit
Saturday, July 31st, 2010Patience is a virtue Richard Garriott (aka Lord British) knows very well. Allegedly terminated for NCSoft in late 2008, the Ultima-creator sued the company for $47 million on fraud and breach of contract charges. His claim comes mainly for the company truncating his time to sell off his stock, losing him assumed millions in the [...]
No CommentsZynga Forms Japan Studio
Friday, July 30th, 2010Thanks to a hefty $150 million investment raised from Japan’s Softbank, Zynga has announced a new Japanese studio, simply called Zynga Japan. The joint venture between Softbank and Zynga is based in Tokyo and will “tap into Japan’s rich history of gaming and leverage Softbank’s cutting edge mobile and Web technology to produce the best [...]
No CommentsPlaylogic Files for Bankruptcy
Thursday, July 29th, 2010One of the developers on the front line of titles for Playstation’s Move motion control setup has voluntarily filed for Chapter 11. Or, more appropriately, the Dutch studio filed for the local equivalent, “surseance van betaling”. The company was in over $21 million in debt at the end of the previous fiscal year, and its [...]
No CommentsNintendo Posts First-Quarter Loss
Thursday, July 29th, 2010Despite the apparent undiminishing popularity of the Nintendo Wii, Nintendo announced that it has made a loss during the first quarter of the current financial year, which ended in June. Overall sales fell with 25.6%, which lead to a loss of approximately ¥25.2 billion, or $289 million. During the same quarter in 2009, Nintendo made [...]
1 CommentEA Sells off its Stock in Ubisoft
Thursday, July 22nd, 2010While a full acquisition of the French developer Ubisoft never fully manifested for Electronic Arts, its purchase and gradual increases in stock for the company has been a major source of revenue for the team. However, according to a report filed by Bloomberg, the mega-publisher has since decided to sell off its 15% share in [...]
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