Posts tagged @business 
Double Fine wants to win back Stacking, Costume Quest rights
Double Fine wants to tie up all of the loose ends within its catalog and is seeking the distribution rights to its games formerly published by THQ, Stacking and Costume Quest. Nordic Games picked up the distribution rights to these games during THQ's bankruptcy auction in April, though Double Fine ...
ANNE passes its Kickstarter goal with more than a week to go
ANNE, the 2D nostalgia-laden platformer from developer Mo, hit its $70,000 Kickstarter goal, and from today it still has nine days left to earn more money. In a multilingual thank you update, Mo said words couldn't express his gratitude, so he created the happy robot image above. "For sure the ...
SyFy renews Defiance for a second season
The SyFy network has picked up Defiance for a second season. Production on the 13-episode season will begin in August in Toronto, and is expected to air in 2014. The show also has a companion MMO of the same name by Trion Worlds. It's a popular one at that, as it recently saw its millionth user ...
EA executives Andrew Wilson, Stephen Bene unload stocks
Two of Electronic Arts' top-level executives have collectively unloaded a total of 57,085 stocks, following a general increase in EA's stock value after this week's Star Wars exclusivity announcement. According to SEC forms filed yesterday, EA Sports executive vice president Andrew Wilson has sold ...
Report: Silicon Knights closes office, unloads assets
Something shady is going on in the province of Ontario with Silicon Knights and the full story is still shaking out. Yesterday it was reported that Precursor Games, which is working on the curiously funded Shadow of the Eternals – a "spiritual successor" to Silicon Knights' Eternal Darkness: ...
Sega Sammy posts fiscal net profit, Aliens: Colonial Marines shipped 1.3M [update]
Sega Sammy reported financial results for the fiscal year ending March 31 2013 today, noting a net profit of ¥33.5 billion, which converts to $331 million. The figure represents annual growth of 53.3 percent. However, the company's operating profit decreased year-on-year by 67.3 percent, down ...
Into the Dead, endless zombie shooter for mobile, hits 10 million
Mobile games may not all reach the same level of fame as retail or desktop counterparts, but the market is strong, producing games that sell millions more than some of our favorites and support entire teams of developers. Into the Dead from mobile publisher PikPok, for example, just passed 10 ...
Steam Greenlight pulls in 2 million voters, has a chat with its indies
Getting accepted through Steam's community-voting service, Greenlight, is an ongoing, complex project for many indie developers – and for Steam itself. Valve hosted a chat with Greenlight developers this week to discuss concerns, suggestions and propose what Greenlight may look like in the ...
Report: Timegate closes its doors
Timegate, the studio behind Section 8 and Aliens: Colonial Marines, laid off its entire staff today, Kotaku reports. On May 2, Timegate filed for bankruptcy protection, citing a debt of up to $50 million. The filing revealed that Timegate owed large sums to 50 companies, including Epic Games, ...
Sony posts $458M fiscal 2012 net profit, forecasts 5M portable sales in fiscal 2013
Sony had a net income for fiscal 2012 (ending March 31 2013) of ¥43 billion, which converts to $458 million. It's the first time the company's posted annual net profit since 2008. A far better situation than the company's $456.7 million loss last year. As the company predicted following ...
Featured Stories
Xbox One may require game installs, close out used game market [Update]
Posted on May 21st 2013 2:22PM
Call of Duty's Xbox DLC exclusivity continues with Call of Duty: Ghosts
Posted on May 21st 2013 1:55PM