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  • Blog Post: Facebook Completes Oculus Acquisition

    The $2 billion deal that rocketed virtual reality into the mainstream conversation closed today. Facebook now officially owns Oculus VR. Facebook and Oculus issued a joint statement today following the completion of the deal. “We’re looking forward to an exciting future together, building... More
  • Blog Post: Nintendo Investor ‘Flabbergasted’ That Iwata Has Not Resigned

    Nintendo’s recent annual shareholder meeting was held without company president Satoru Iwata present, but that didn’t stop investors from asking a variety of questions. Some inquiries were hard hitting, while others seemed to be more focused on offering ideas for products and perks. One investor... More
  • Blog Post: Ubisoft Quebec City Studio Will Lead Development On A Future Assassin’s Creed Title

    Ubisoft Montreal will be moving out of the lead development role for at least one future Assassin’s Creed title. Ubisoft has announced that its Quebec City studio will be sitting first chair for an upcoming series entry. Ubisoft Montreal is leading work on Assassin's Creed Unity. In January... More
  • Blog Post: Mario Kart 8 Boosts Past 2 Million Copies Sold, Shareholders Re-Elect Iwata

    Nintendo has announced that over 2 million copies of Mario Kart 8 have been sold to consumers worldwide. This puts sales of the title at approximately 800,000 for the month of June after an opening weekend that saw movement of 1.2 million units . The news came by way of Nintendo’s annual general... More
  • Blog Post: Nintendo’s Iwata To Miss Shareholder Meeting Following Surgery

    Nintendo president Satoru Iwata has undergone surgery for a growth found in a bile duct. Because of his health concerns, Iwata will miss the annual shareholder meeting on June 27. We first learned that Iwata was suffering from an ailment when Nintendo announced he would miss E3 . Last week, he underwent... More
  • Blog Post: Despite $1.3 Billion Loss, Sony Shareholders Back Executive Leadership

    While the PlayStation 4 has been a success for Sony , a broader view of the company reveals a less positive outlook. The international media and electronics company posted a nearly $1.3 billion dollar loss , is spinning off its PC business, and is refocusing its priorities. At a shareholder meeting yesterday... More
  • Blog Post: Capcom Shareholders Signal Potential Buyout Interest

    Capcom’s shareholders have struck down the company’s existing takeover-defense plan, signaling that the company is open to being acquired. This does not mean that the publisher will be purchased, nor does it suggest how an acquisition might happen. The defense plan would trigger a series... More
  • Blog Post: May 2014 NPD: PlayStation 4 And Watch Dogs Come Out On Top

    It’s no surprise that Watch Dogs came out on top of the May 2014 NPD report given its stellar performance out of the gate . This month did hold some surprises, and something for Nintendo to crow about. While we don’t know the sales gap between the five-SKU Watch Dogs and second place, the... More
  • Blog Post: Nintendo Lays Off 130 In Europe As Industry Prepares For E3

    Nintendo has announced layoffs in Europe and plans to close its Großostheim, Germany, office. The company confirmed the cuts, which will see part of its European operations consolidated. The publisher confirmed the cuts to GamesIndustry , indicating that approximately 130 permanent employees will... More
  • Blog Post: Ubisoft’s Watch Dogs Best In Show With 4 Million Sold In First Week

    Ubisoft has announced that Watch Dogs has broken another company record, selling 4 million units in the game’s first week. More impressively, the game is now top dog amongst new IPs industry wide. Last week, we reported that Watch Dogs ousted Assassin’s Creed III as the publisher’s... More
  • Blog Post: Watch Dogs Beats Assassin’s Creed III To Top Of Ubisoft Day One Sales Chart

    Ubisoft has high expectations for Watch Dogs, hoping it will sell at least 6.3 million copies (according to a recent earnings call) and establish a new franchise for the publisher. The game's release yesterday shows that Watch Dogs has the strong potential to meet or exceed those expectations. According... More
  • Blog Post: Vivendi Selling 41.5 Million Shares Of Activision Stock

    Vivendi is cashing in again on its now-minority stake in Call of Duty publisher Activision. Last year, Activision purchased its independence from the ailing company for $8 billion. That transaction left Vivendi with 12 percent ownership, which is about to be cut in half. The sell-off would be worth approximately... More
  • Blog Post: Watch Dogs Is Fetching A Lot Of Pre-Orders

    During its year-end financial call, which was filled with bad news about the most recently completed year , Ubisoft took some time to focus on the positive. Among the bright spots: your interest in Watch Dogs . Ubisoft shared that Watch Dogs is the most pre-ordered new intellectual property in Ubisoft's... More
  • Blog Post: Over 11 Million Copies Of Assassin’s Creed Sail The Seas

    Ubisoft shared updated sales statistics for the most recent Assassin’s Creed title. According to its year-end financial report, over 11 million copies of Assassin’s Creed IV: Black Flag have been shipped to retailers. Assassin’s Creed is now the fourth largest brand by retail sales... More
  • Blog Post: Ubisoft Isn't Giving Up On Last-Gen Systems Yet

    As you might have noticed in the Far Cry 4 announcement , Ubisoft will release the title on last-generation hardware. That isn’t likely to change any time soon. “As a company, we expect to continue to support those consoles for the foreseeable future,” said Ubisoft CEO Yves Guillemot... More
  • Blog Post: Ubisoft Subtracts The Division From Its 2014 Release Calendar

    As expected, Ubisoft has delayed Tom Clancy’s The Division out of the current fiscal year. The title, which was first announced at E3 2013, is an under the leadership of Ubisoft Massive and now leverages at least three of Ubisoft’s studios, including Red Storm and Reflections. Ubisoft now... More
  • Blog Post: Ubisoft Posts $67.6 Million Net Loss For Year, Sales Down 20 Percent

    Ubisoft’s delay of Watch Dogs and The Crew has had a substantial impact on its year-end financials. The company has just reported a net loss of €49.3 million ($67.6 million), down from a positive result in the previous year of €69.2 million ($94.9 million). The company also reports a... More
  • Blog Post: Ubisoft Confirms Far Cry 4 For Release In November

    In its year-end financial report, Ubisoft also detailed games that will be pushing its fiscal performance in 2014-15. One of the five key titles is something we’re hearing about for the first time: Far Cry 4. "The year’s performance will be led by five games – Assassin’s... More
  • Blog Post: Despite Rising Game Revenue, Sony’s Magic 8-Ball Says ‘Outlook Not So Good’

    Sony has released its year-end financial results, ending fiscal year 2014 with a net loss of ¥128.4 billion ($1.246 billion). Unfortunately, corporation-wide finances will not improve enough in FY 2015 to push the company into the black. Sony is projecting a ¥50 billion loss ($489 million by... More
  • Blog Post: Take-Two CEO: Rockstar Will Have Something On New-Gen Systems This Year

    Take-Two’s year-end financial call just wrapped up, and it sounds like Rockstar is cooking something up for release. In and of itself, that isn’t surprising. What might raise your eyebrow is the timing: this fiscal year. “Rockstar Games is hard at work on its upcoming lineup, and we’re... More
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