It would appear that we, as a society, are right to worry about the gaming behemoth seizing our children and overtaking society: We seem to be spending more money on games than ever before. In a press release issued this morning, market research firm DFC Intelligence made another optimistic proclamation about the health and future [...]
Continue reading...Thursday, May 15, 2008
The April NPD numbers are here, and once again the gaming industry performs as if recession meant every American had $600 burning a hole in their pocket and only games to spend it on. With multiple Guinness World Records in its honor, even with only five days worth of sales there was no question whatsoever [...]
Continue reading...Friday, May 9, 2008
This morning, the Associated Press reported that Activision’s stock today hit an all-time high of $30.15 and was trading at $29.71 at the time of publication, a 7.3 percent increase. But you might not want to write down that all-time high quite yet — ATVI just closed at $31.39. Why the sudden jump? Perhaps because [...]
Continue reading...Friday, April 25, 2008
Nintendo may intend to double the number of Wii in consumers’ hands this year, but it plans to do so at that same $250 price point the home console has commanded since November 2006. Nintendo president Satoru Iwata told the Associated Press earlier today that there were no plans to cut prices of either the [...]
Continue reading...Thursday, April 17, 2008
NPD numbers for the month of March have arrived, and regardless of how Microsoft and Sony attempt to spin them, Nintendo is the clear winner this month. As anyone could have predicted, their rollicking ring-out rumble Super Smash Bros. Brawl delivered a solid roundhouse — but who imagined it would rival the entire rest of [...]
Continue reading...Monday, March 31, 2008
Remember the other day when we were talking about how Take-Two flat-out refused EA’s bid but left the door open for mergers? Remember how we said any combination of Take-Two and EA reeked of monopoly? Remember how you were so tired of hearing about it that you just skipped straight to the GTA IV news?
Continue reading...Wednesday, March 26, 2008
Take-Two’s board of directors has finished evaluating EA’s most recent offer of 26 dollars per share and wound up much where they started — recommending again to shareholders that they hold onto their stock, and for pretty much the same reasons.
Continue reading...Thursday, March 20, 2008
Ubisoft announced today that it has acquired all rights to the Tom Clancy name and intellectual property for perpetuity, and will finally be free of royalty payments for the ten years’ worth of games (including best-selling series Rainbow Six and Splinter Cell) published under the international espionage writer’s brand.
Continue reading...Thursday, March 13, 2008
Today, the NPD lays out a hefty report — their market research numbers tell the latest chapter in the epic tale of the three not-so-ancient foes Nintendo, Sony and Microsoft — and how the tide of battle has finally turned.
Continue reading...Thursday, March 13, 2008
The concept for 19-year old Jared Kim’s crowdsourced game video website WeGame sounds promising even on paper, but some have decided it’s worth considerable investment. TechCrunch reports that the young entrepreneur has secured three million dollars in a second round of investment, on top of $500,000 previously raised in the first six months of operation.
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Monday, June 30, 2008
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