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Posts tagged @business

Homefront acquired by Deep Silver, production of sequel to continue at fresh studio

Clearly tired of Crytek's "transitional phase," publisher Deep Silver's parent company has acquired the Homefront intellectual property and related assets from Crytek. Homefront: The Revolution was under production at Crytek UK, with recent reports declaring production had halted and the game's...

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Nintendo posts $97M quarterly loss, despite Mario Kart 8 racing off shelves

Mario Kart 8 enjoyed a great attach rate with shipments of 2.82 million by the end of June, but the vast majority of its success can be attributed to existing Wii U owners and not new buyers. Nintendo shipped 510,000 units of its home console across April to June, a quarter in which the company...

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Atelier dev Gust merges with Koei Tecmo on Oct. 1

Come October 1, Atelier Rorona: Alchemist of Arland developer Gust Co. will officially merge with parent company Koei Tecmo. Though far from a household name in the West, Gust has developed a loyal niche following by offering classically-styled roleplaying games that blatantly pander to...

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Diesel jeans files opposition to Dieselstormers trademark

Lawyers representing the Diesel fashion brand have filed legal opposition to attempts by Germany's Black Forest Games to trademark "Dieselstormers" as the title of an upcoming run and gun shooter. According to Diesel representatives, the game's title could cause confusion in consumers. Despite...

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Stiq Figures, July 14 - 20: Breaking the bank edition

Welcome to Stiq Figures, where the sales data is after the break and the posts don't matter. In a fantasy land, every game we want to play would be set at a manageable price, or just flat-out free. In reality, cool experiences are made by people, and people tend to need food to, you know ... not...

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Fewer than half of GameStop customers know about trades

If you're a regular shopper at GameStop, you've probably heard it more times than you can count. If you've worked there, you might know the line by heart. "Thank you for choosing GameStop, where we buy and sell used games, how can I help you?" Although that phrase - and slight variants - might...

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Report: China Telecom opens Xbox One sales in September

Microsoft's Xbox One console will go on sale in China this September, thanks to a newly-announced agreement with the country's third-largest telecommunications firm China Telecom Corp Ltd. According to Reuters, this arrangement will make the Xbox One the first gaming machine to be officially...

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Report: Google deal to acquire Twitch for $1 billion is so on

Google has acquired Twitch for $1 billion, Venture Beat reports, citing people "familiar with the matter." This follows a report in May that Google (via YouTube) was in talks to acquire Twitch. Twitch offered no comment on the new claim. Venture Beat notes that details are scarce on the deal and...

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Court approves settlement over Sony's 2011 PSN breach

The US District Court for the Southern District of California approved a settlement for the class action lawsuit resulting from Sony's 2011 PSN data breach. The settlement may result in Sony doling out as much as $17.75 million, which includes an offer for one free game (PS3 or PSP only), three PS3...

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Microsoft's Xbox revenue up 14% thanks to console sales

Microsoft reported an increase in revenue for the Xbox platform to the tune of $104 million, or 14 percent, in its fourth quarter results (ending June 30). Xbox One and Xbox 360 sales teamed with the company's Surface sales to boost its Computing and Gaming Hardware category by 23 percent for the...

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