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  • Blog Post: SuperData: Virtual Reality Poised To Reach $5.1 Billion Revenue In 2016

    With Oculus pre-orders open and the price no longer a mystery, the gaming community is abuzz with speculation about the format’s viability. While some are certain the Rift’s $600 price point is a death knell for virtual reality, others are taking a longer view. SuperData Research released... More
  • Blog Post: Ubisoft Opens Office In Russia To Provide Community Development, Support

    Ubisoft is making a push into Russia with the opening of a new business office in Moscow. The new team will provide community development and support to Russian customers, including a new Ubisoft YouTube channel for the territory. Ubisoft cites anticipated significant growth in the Russian market over... More
  • Blog Post: Square Enix India Closes After One Year

    Originally created to collaborate with India-based game developers on mobile games for a growing Indian market, Square Enix India has closed its Indian branch after one year and no released games. The studio's six employees have been laid off. According to MVC , Square Enix India's producers... More
  • Blog Post: Bethesda Opens Business Office In Australia

    Bethesda has announced today the opening of a new business office Sydney, Australia. The new location will handle sales, marketing, and distribution in Australia and New Zealand. The office will be led by Simon Alty, formerly managing director of games marketing firm One to Another Pty Ltd. One to Another... More
  • Blog Post: EA Appoints New Executive Vice President

    Electronic Arts announced that former Levi Strauss & Co.'s Blake Jorgensen will be the company's new Executive Vice President and Chief Financial Officer come September. Jorgensen filled the same roles at Levi Strauss & Co. since 2009, and was Yahoo's CFO prior to that. As EA's... More
  • Blog Post: Take-Two Signs Rockstar's Housers, Benzies To Long-Term Deal

    In a report released by Take-Two detailing the company's fourth quarter and 2011 fiscal year financial results, the publisher dropped some big news. The company announced that Rockstar heads Sam Houser and Dan Houser, as well as Leslie Benzies, the president of Grand Theft Auto development house... More
  • Blog Post: Harmonix Announces Layoffs

    It's been a rough few months for Rock Band/Dance Central developer Harmonix, and the bad new continued today with the announcement of layoffs at the studio. Here's the official statement: "Harmonix is restructuring our organization to bring it into alignment with our current product development... More
  • Blog Post: THQ: 1.2 Million uDraw Units In Q3, Focusing On New Platforms

    THQ reported on their quarterly earnings call yesterday for the months of October to December 31, 2010, and it reveals some interesting info. In North America, the company managed to sneak 1.2 million into households, and the number is expected to increase when the Wii drawing tablet is released internationally... More
  • Blog Post: Capcom Seeing Red – Quarterly Profits Fall 90%

    Capcom surveyed their current financial situation this morning, revealing that their first quarter net income topped at $2.4 million – a drastic 90 percent drop from the same time last year. As reported by GameSpot , the discrepancy is accredited to the lackluster sales of Lost Planet 2, with Capcom... More
  • Blog Post: What’s Next For Kongregate After The GameStop Deal?

    Our parent company GameStop today announced that it had entered into a deal with Kongregate to purchase the popular online-gaming portal. Once the news had a chance to settle in, it led to a number of obvious questions. Would Kongregate retain its indie spirit now that it had been scooped up by a gaming... More
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