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  • Blog Post: March 2014 NPD: Hardware Moves, Software Slows

    The NPD Group has released its report on the video game industry for the month of March 2014. The sector saw growth during the four week period in hardware and accessories, but software dipped year over year. Notably, NPD estimates total consumer spending at $1.66 billion, representing a three-percent... More
  • Blog Post: Sony To Sell Off All 9.5 Million Shares Of Square Enix Stock

    Sony’s most recently closed fiscal year (ended March 31, 2014) was a financially trying one for the company. In February, the company warned of a $1.1 billion loss for the period , which was followed by layoffs and closures in the United States and abroad (including the profitable games division... More
  • Blog Post: Capcom Slashes Net Income By Half To Account For Slow Shift To Mobile

    Capcom has announced that it will be taking a ¥9.3 billion ($90.5 million) special loss in light of changes in the market. Today marks the final day of the publisher’s fiscal year, and it claims the move to reduce net income by half will yield financial consistency in future periods. Capcom... More
  • Blog Post: Following Evaluation Period, Activision Closes Studio Behind Mobile Call of Duty

    In January, Activision began a mandatory evaluation period for its Leeds, UK-based mobile studio, Blast Furnace. At the time, a publisher representative told us that there were a number of possibilities for the Call of Duty: Strike Team developer, including independence and downsizing. Unfortunately... More
  • Blog Post: GameStop Sells More New-Gen Consoles Than First 15 Months Of Last-Gen

    (Disclosure: GameStop is Game Informer’s parent company.) During its fourth quarter earnings call, GameStop revealed that new-gen consoles are selling significantly better than the early months of the Xbox 360 and PlayStation 3 era. The retailer has moved more Xbox One and PlayStation 4 consoles... More
  • Blog Post: Tax Breaks For UK Video Game Industry Approved

    The United Kingdom will see tax breaks for the video game industry following today’s approval by the European Commission. The deal will incentivize development in the UK, though the Commission ruling does propose a “cultural test” such that the subsidy will support games with “cultural... More
  • Blog Post: King Shares Down 13 Percent Following IPO

    Candy Crush Saga publisher King has had a rough first day of NASDAQ trading. Shares opened at $22.50 this morning, but have slid approximately 13 percent at time of publication. King’s opening bid raised approximately $500 million, bringing the company’s valuation to around $7 billion. Since... More
  • Blog Post: Facebook To Acquire Oculus VR In $2 Billion Deal

    Facebook has just announced that it will acquire virtual reality startup Oculus VR for approximately $2 billion. The deal includes $400 million in cash and 23.1 million shares of Facebook stock valued at approximately $1.6 billion. When we spoke with founder Palmer Luckey at Gamescom 2013, we discussed... More
  • Blog Post: Sega Financial Projection Slides On Pachinko Shortfall

    Sega Sammy has revised its financial projects for the fiscal year ending March 31, 2014. The company cites a postponement of pachinko and pachislot sales machines into the new fiscal year as the reason for the adjustment. The company is now anticipates closing the fiscal year with net income totaling... More
  • Blog Post: Report: Sony Electronics Set To Layoff 1,000, Closing 20 Stores In United States

    Sony is estimating a $1.1 billion loss for the fiscal year ending March 31, 2014. In anticipation, the company has revealed measures to address expenses, including significant layoffs across the company. These layoffs, which represent about one-third of that division’s total staff, are part of... More
  • Blog Post: Zynga Secures Dismissal Of Stock Manipulation Lawsuit

    A lawsuit against Zynga alleging manipulation of share value has been dismissed by a federal court. The suit brought by shareholders alleged that Zynga executives committed fraud, misleading investors in advance of its December 2011 initial public offering. U.S. district judge Jeffrey White made his... More
  • Blog Post: Majesco Planning Reverse Stock Split To Avoid Delisting

    Majesco (Cooking Mama, NBA Baller Beats) finds itself under threat of delisting from NASDAQ for the third time since 2008. The company was warned in March of last year that it needed to bring its share value above $1 for ten consecutive business days. The company received a 180 day extension in August... More
  • Blog Post: IGDA Comments On Recent King Trademark Enforcement

    Much has been said of mobile and social game developer King, its trademark of the word “candy” and subsequent enforcement , and its commissioning a clone of another developer’s game . Following last week’s news that King allegedly used another game as the template for Candy Crush... More
  • Blog Post: The Atlus Brand Becomes A Company Once More

    When Index Corporation filed for rehabilitation and, at the same time, ran afoul of Japanese law , many feared it would be the end of a beloved publisher. Sega Sammy stepped in and purchased Index Corporation, with Atlus confirming that it would continue with its operations as is. Today, Sega is making... More
  • Blog Post: Sony Announces 5.3 Million PlayStation 4s Sold

    Sony Computer Entertainment CEO Andrew House set a sales target of five million PlayStation 4 units by March 31, 2014. With six weeks to spare, Sony has announced it has surpassed that goal. As of February 8, Sony has sold 5.3 million PlayStation 4 units through to consumers. At the end of December 2013... More
  • Blog Post: NPD January 2014: Industry Down In First Month Of New Year

    The January 2014 NPD report is out, and while the industry appears to be down significantly in the first month of the year, the situation isn’t nearly as dire as it seems. This month represents a five-week reporting period (required to maintain seasonal reporting integrity), so we’ll be sharing... More
  • Blog Post: NPD Reports Total Video Game Software Spending In United States Up Slightly In 2013

    The NPD has issued its report on video game spending in the United States in 2013. The data includes new retail, used retail, rental, and digital (inclusive of subscriptions and DLC). NPD reports that Americans spent $15.39 billion in 2013, up 1 percent from 2012. Physical sales declined 11 percent year... More
  • Blog Post: Watch Dogs Out Between April And June 2014, Wii U Version Delayed

    Update: Ubisoft has confirmed that the Wii U version of Watch Dogs will come later than the other versions (Xbox One, Xbox 360, PlayStation 4, PlayStation 3, PC). “We made the difficult decision to further delay the release of Watch Dogs on Wii U to focus the team’s resources where they could... More
  • Blog Post: Ubisoft Sales Down Over 35 Percent In Third Quarter FY2013

    Ubisoft has suffered significantly decreased year-over-year sales for the quarter ending December 31, 2013. The numbers are in line with a revised forecast issued following the delay of Watch Dogs out of the current fiscal year. Third quarter sales are down 35.2 percent (32.7 when equalizing for exchange... More
  • Blog Post: More Than Half Of PlayStation 4 Owners Have PlayStation Plus

    Sony CEO Kazuo Hirai has shared new details about the attach rate for PlayStation Plus with PlayStation 4 owners. If you own Sony’s new console, there’s a better than coin-flip chance you also pay for the company’s subscription service. The news comes by way of Sony’s third quarter... More
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