Despite reporting an 18% increase in overall annual sales in October 2008, the NPD has recently acknowledged the that recession is, in fact, taking a toll on the U.S. video games industry. Yesterday, during a lunch session at the Game Business Law Summit, NPD senior account manager Michael Klotz addressed the growing presentiment that the [...]
Continue reading...Monday, December 15, 2008
Last week, the Internet was abuzz with news about Factor 5’s possible serious financial issues, sparked when animator Sam Baker posted a blog entry lamenting the cancelation of some projects, and the lack of staff pay. He was quick to issue a new posting claiming that the original had been a misunderstanding, but was it? If [...]
Continue reading...Tuesday, December 9, 2008
Nintendo may be sitting pretty on top of the fat stacks of cash it made from selling 800,000 Wiis this Thanksgiving week, but out in the greater business world it's not all fun and games. Today, Sony Corporation announced that it has "embarked on a series of measures to strengthen its corporate structure and bolster [...]
Continue reading...Monday, December 8, 2008
I don’t know how they do it, but Nintendo continues to sell Wiis like they’re vaccinations and we’re all travelling abroad to the Congo. Somehow, someway, Wii Fit, Wii Music, and various other Wii games gamers don’t care about are pushing the system harder than any console before it. It certainly can’t be the commercials, [...]
Continue reading...Saturday, December 6, 2008
What would you do if you’ve been working for three weeks without pay? If you’re part of Cheyenne Mountain Entertainment, you make a webpage with a running counter until you get paid. Even though the start-up seemed to be well-funded and going strong earlier this year when they announced they were forming their own publisher to [...]
Continue reading...Wednesday, November 26, 2008
Update: GamePolitics has reminded us that the NIMF has indeed accepted donations from the games industry this year. This may go some way towards explaining their deviance from historically held values in this report. However, we gave the NIMF the benefit of the doubt, and have investigated the situation further. Read more here. Original Story: As [...]
Continue reading...Monday, November 3, 2008
Yesterday evening, The Consumerist reported a rumor that electronics retailer Circuit City would be closing a full one-fifth of stores nationwide. That report is rumor no more. Today, Circuit City has announced that 155 stores are expected to shut their doors tomorrow, November 4th, and reopen on November 5th to begin merchandise liquidation. 17% of [...]
Continue reading...Monday, June 2, 2008
Nintendo's Wii Fit has already become a worldwide success story at retail, selling over two million copies in Japan alone. But for U.S. consumers, finding the oblong white box is an exercise in frustration; and according to the perennially outspoken Wedbush Morgan Securities analyst Michael Pachter, Nintendo -- and the weak dollar -- are to [...]
Continue reading...Wednesday, May 14, 2008
At the 2008 ION Game Conference, there was a panel called "Real Money, Fake Money and Loot: Designing Economies for MMO Games" in which participants spoke about the economic game design issues that surround MMOs. The consensus opinion from the panelists was that the best way to combat gold farmers was to design an MMO [...]
Continue reading...Thursday, April 17, 2008
Kotaku reports that GameStop President Steve Morgan has just resigned, and will be leaving the company effective May 2nd, 2008. No successor has yet been named.
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Thursday, January 15, 2009
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