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Posts tagged business

Sony to begin manufacturing PlayStation 3 units in Brazil

Sony has announced plans to build PlayStation 3 systems locally in Brazil. The consoles will be manufactured in Manaus by Sony Brasil Ltda., with the 250 GB version costing 1,099 Reals. Major upcoming games The Last of Us and Grand Theft Auto 5 are getting localized releases in Brazilian ...

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Twin Galaxies accepting record score submissions, now at a cost

Legendary arcade scoring organization Twin Galaxies had to take a break from tracking scores for about six months as the company went through a transition last year, but as of last week it's back in business and ready for score submissions. There is one catch, however. The company charge to report ...

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Sony's Yoshida: getting third-party support on Vita more difficult than anticipated

Sony Computer Entertainment Worldwide Studio president Shuhei Yoshida says the manuacturer is having a harder-than-expected time convincing publishers to develop game for the PlayStation Vita. "We're having a more difficult time than we had anticipated in terms of getting support from third-party ...

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EA claims First Amendment protections against expected helicopter lawsuit

Electronic Arts is seeking First Amendment protections in an upcoming legal dispute with the maker of military helicopters featured in Battlefield 3. Kotaku reports that Textron, the parent company of Bell Helicopters, asked EA on December 21 to cease the depictions of three of its aircraft found ...

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uDraw hasn't fared so well on Xbox 360 and PS3, THQ lowers its forecast

THQ has lowered its earnings forecast for the third quarter of the 2012 fiscal year, citing underwhelming sales of its recently multiplatform uDraw tablet. THQ CEO Brian Farrell explained in a press release, "Despite uDraw's strong success on the Wii in fiscal 2011 and market research ...

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THQ's sales 'exceeded expectations' in Q2, Space Marine sold 1.2 million

THQ has announced financial figures for the second quarter (July through September) of its 2012 fiscal year. Despite having a release schedule that any company would consider light, it managed to bring in net sales of $146 million. That's a pretty significant increase over the $77.1 million it ...

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Sony predicting another year of losses, despite growing games sales

2011 hasn't been the best of years for the electronics manufacturing giant known as Sony. Its not just that the company's television and mobile phone divisions have failed to gain much ground against their competitors, but a string of bad luck -- a major Japanese earthquake, flooding in Thailand, ...

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EEDAR report: half of HD console owners buying DLC

Research firm EEDAR has produced its "Deconstructing Downloadable Content (DLC) Report" for 2011. The report, now in its third year, reveals that 51 percent of HD console owners have purchased DLC in the last 12 months. EEDAR expects DLC will generate over $875 million in 2011, surpassing $1 ...

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Ireland planning to double its game industry jobs

Ireland is planning to double its game industry employment numbers by 2014, targeting 4,500 jobs from the current estimate of 2,000. The country, which has been dealing with a financial crisis, and acting as a corporate tax haven as the same time, is looking to back sustained growth in digital ...

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EA confirms closure of Visceral Melbourne, reaffirms support for Melbourne-based mobile studios

Following reports last Friday that EA shuttered its Visceral Melbourne studio, the International Game Developer's Association Melbourne tweeted on Sunday, "Confirmation of EA closing Visceral has been received :( our best wishes to the 21 devs now out of a job #EAVisceral." Electronic Arts has ...

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