Posts tagged @business 
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 ...
Limited edition Mass Effect 3 Paladin pistol replica available for pre-order
BioWare has just revealed this snazzy real-life replica version of Mass Effect 3's M-77 Paladin pistol, available for pre-order today. The weapon weighs 7 pounds, is hand-finished and hand-painted, and is one of a set of only 200 made by collectible firm Triforce. Buying one for yourself will ...
Crowdfunded 'My Carnival' is a video game designed to help children with cystic fibrosis
AccessAble Games has announced a new campaign to raise funds for a free video game designed to help children with cystic fibrosis learn how to perform their breathing exercises correctly. Cystic fibrosis is a genetic disease that requires daily physiotherapy training, and while experts say there ...
Disney Interactive down $54 million in Q2
By the end of the second quarter of its fiscal year, Disney Interactive was once again the media conglomerate's only unprofitable sector, reporting a $54 million operating income (read: pre-tax) loss for the three month period ending March 31, 2013. This is, however, a 22 percent year-over-year ...
Yoshida: Sony did not consider an always-on PS4
The PS4 won't require an "always-on" internet connection, and it was never going to need one, Sony President of Worldwide Studios Shuhei Yoshida told Game Informer (via Gamespot). "Did we consider it? No, we didn't consider it," Yoshida said. "The main reason being that many countries don't have ...
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Call of Duty's Xbox DLC exclusivity continues with Call of Duty: Ghosts
Posted on May 21st 2013 1:55PM