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Konami net income half of last year's despite 'solid' game sales

Konami has released its financial report for fiscal year 2014, which ended March 31. The company's overall net income for 2014 was 6.2 billion yen ($60.9 million), down from 13.2 billion yen in 2013. Net revenue also dipped, though not as much: 217.6 billion yen ($2.1 billion) in 2014, down from 22...

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Report: Neversoft losing name, merging with Infinity Ward

Infinity Ward and Neversoft are merging, according to Giant Bomb. Citing an internal memo written by Activision Publishing CEO Eric Hirshberg, Giant Bomb reports that the Neversoft name will be retired, as the Infinity Ward name is so closely tied to Activision's annual Call of Duty franchise. This...

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Zynga appoints former Best Buy strategist as CFO

Social-turning-mobile game studio Zynga has brought on David Lee, Best Buy's former senior vice president of enterprise finance, to serve as its Chief Financial Officer and Chief Accounting Officer. Lee will work with Mark Vranesh, Zynga's existing CFO and CAO, over the next month to help the tran...

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'Awful,' 'intimidating,' 'complicated': Indie devs on the guilt of success

It's said that money can't buy happiness. In fact, for some indie game developers, an influx of money can mean just the opposite. In a New Yorker feature, developers like Rami Ismail of Vlambeer (Ridiculous Fishing, Luftrausers), Edmund McMillen of Team Meat (Super Meat Boy) and Davey Wreden of Gal...

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Chad Gutstein steps into CEO role at Machinima

Gamer-focused streaming video network Machinima has hired Chad Gutstein to lead the company as its new CEO. "Machinima is ready for the next level, and Chad has all of the unique qualities we were seeking in a new CEO to bring us there," said Machinima co-founder Allen DeBevoise. "His fresh and ...

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John Carmack on Facebook buy of Oculus: 'they get the Big Picture'

John Carmack, co-founder of id Software and current CTO of Oculus, has weighed in on the Internet's ... shall we say "mixed" reaction to the news of Facebook purchasing the virtual reality-oriented company. Carmack responded to a post titled "Wrong and Right Reasons To Be Upset About Oculus" on Ana...

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Report: Microsoft pays up to $150M for augmented reality hardware IP

The rumors swirling around Microsoft's me-too attitude regarding virtual reality may be more than idle gossip, according to TechCrunch. Citing unnamed sources, the site reports that Microsoft has purchased augmented reality-related intellectual property of wearable tech company Osterhout Design Gro...

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Ouya dropping free-to-try requirement for developers in April

Currently, any game on the Android-powered Ouya microconsole must be free in some way, shape or form, be it a free demo or free to play business model. That situation is set to change next month, when the Little Console That Could drops its free-to-try requirement. Polygon reports that Ouya head...

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Minecraft developer continues rise in profit, made $128 million in 2013

Mojang, development studio behind the wildly-successful Minecraft, has continued its five-year trend of increased profitability. Mojang revenue topped $237 million in 2012, while a Wall Street Journal article reports that number to have hit $326 million for 2013, which in turn translates to almost ...

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Report: Xbox Europe VP Chris Lewis retiring

Chris Lewis, vice-president of Microsoft's Interactive Entertainment Business for EMEA, is retiring from the company this year, MCV reports. Joining Microsoft UK in 1989, Lewis spearheaded the company's Specialist Center reseller program in Europe, and later served as the company's regional vice...

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UPDATE: Super Joystiq Podcast returns to iTunes

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