Industry News

Take-Two Q3 Financial Report: Red Dead Redemption Sells 8 Million

Take-Two has reported its financial results for the third quarter that ended December 31, 2010, posting net revenues of $334.3 million and profit of $40.9 million. During the same period a year earlier, revenues were higher at $360.4 million, but profit was lower at $37.9 million. In its financial highlights, the company cited eight million […]

Fox News Denounces Bulletstorm For It’s Extreme Violence And Sexual Insinuation, EA And Epic Responds

FoxNews.com has expressed their strong censure against Bulletstorm by deploring it in a scathing article Titled “Is Bulletstorm the Worst Video Game in the World?” It criticized the game for linking sex and violence via innuendo-laden awards in its skillshot system and the award names for feats of in-game carnage including Gag Reflex, Rear Entry, […]

Call Of Duty : Black Ops The Most-Played Game On Xbox Live In 2010

According to the latest stats released by Major Nelson, Call Of Duty: Black Ops was the most played game on Xbox Live in 2010. Call Of Duty : Black Ops became the most played XBL game after beating hardcore rivals like Red Dead Redemption, Halo : Reach , Mass Effect, etc. Dead Rising 2: Case Zero […]

PS3 Sales Getting Close To Xbox 360 Sales

Sony’s PS3 has sold 6.7 million units in the last three months which sums the total PS3 sales to 47.9 million units, whereas its arch rival the Xbox 360 stands at 50 million units so far. Although the sales are 0.2% less than last year’s Q4, but it has still reached Sony’s sales predictions. Read more […]

Epic Games: “Anything In The Apple World Is Perfect”

Epic vice president Jay Wilbur has said that “anything in the Apple world is perfect,” while noting that “hardware fragmentation” in the Android space is a “really big issue”. Read more here.

New Consoles In 2013? Crytek Says Yes

Because of Sony and Microsoft’s move into the motion controls market, analysts have said that we might not see the next set of video game consoles until 2014, but if you were to ask Crytek, the developer would give you a much sooner date than the aforesaid. That’s according to Crytek boss, Cevat Yerli, speaking […]

EA Investors “Betting Against Old Republic”

EA investors are betting against big-budget MMO, Star Wars: The Old Republic, due to concerns spawned by the industry’s poor track-record at launching successful MMOs. Read more here.

PS3 Hacker Geohot Lawyers Move For Dismissal And Sony’s Response

The Geohot vs Sony case is still ongoing and more drama has unfolded for you. Sony has made allegations that GeoHot’s actually owns a PSN name known as “Geo1Hotz” (thereby violating PSN ToS), but Geohots lawyers disagree and are calling for a dismissal of case all together. Read more here.

Software Piracy Cost UK Industry £1.45B In 2010

UK interactive entertainment body UKIE has said that the domestic games industry lost at least £1.45 billion to software piracy last year. It estimates that for every original game sold at least one is pirated, effectively halving annual revenues. Read more here.

Pachter: Nintendo Has “Completely Blown It” With Wii 2 strategy

Wedbush Morgan analyst boss Michael Pachter has laid the boot into Nintendo in the wake of this week’s 3DS launch announcements, saying the Kyoto firm was missed its chance with a next-gen Wii. “With as much respect for Nintendo management as I can muster, I think Nintendo’s completely blown it with their second generation Wii […]

Activision Successfully Adds EA To Countersuit, Email Suggests MW2 Map Pack Delayed For Bad Company 2 Launch

Late last month Activision filed a motion to amend its countersuit against Vince Zampella and Jason West; specifically, it sought to include Electronic Arts as a cross-defendant after discovering that its largest competitor had schemed to “inflict serious harm on the company.” One redacted section in paragraph 62 of the counterclaim prefaced the email, writing, […]

Activision Recommends Bizarre Studio Closure

Bizarre Creations’ chances of being bought by another company were shattered today, as Activision issued to the group a recommendation for studio closure. Bizarre Creations is well known for the Project Gotham Racing series, The Club and the recent James Bond 007: Bloodstone. Read more here.

Bilson: “It Would Be Horrible” If New Hardware Came Out Right Now

THQ core boss Danny Bilson has told Eurogamer “it would be horrible” if new hardware appeared now. “It would be horrible. But I think they all know our model’s broken anyway,” he said, speaking at the publisher’s New York event last week. “It still costs us a fortune to make games on this platform. If […]

Homefront Developers Enter ‘Crunch’, Employees Working Seven Day Weeks

Providing a frank insight in to the pressures of game development, a beleaguered employee from Kaos Studios has spoken out about the studio’s intense efforts to get Homefront finished on time. He reveals that employees had been working a ten hour daily schedule for six months and are now embarking on “7 day a week […]

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