Posts tagged business 
THQ lets 200 go, shifts development focus away from kids and licensed titles
THQ has high hopes for its fiscal Q3 (October through December) this year, this much we all know. And in light of recent disappointments (looking at you, Red Faction Armageddon!), the company has announced that it's shifting its focus away from kids and movie-based licensed titles, closing down ...
Perfect World completes Cryptic Studios acquisition
Atari announced earlier this year that it was trying to sell off City of Heroes developer Cryptic Studios, and it's now essentially done just that, according to the company. Chinese MMO developer Perfect World recently bought an equity interest in the studio, and Atari has now divested its own ...
'Duke Nukem Forever was profitable for Take-Two," CEO says
"Despite its disappointing reviews, Duke Nukem Forever was profitable for Take-Two," company CEO Strauss Zelnick told investors during a conference call this evening. While disappointing might be a nice way of describing most of the game's reviews (here's ours!), it's no surprise that the title ...
GameStop offering downloadable PC purchases at retail
GameStop is expanding its in-store digital sales initiative, now allowing customers to use "any accepted form of payment" in order to "purchase digital PC games at their local store and access the titles immediately at launch." Exactly how this process works isn't made clear, though it would be ...
Report: Disney wants to buy UTV/Ignition for $454M
The Walt Disney Company is allegedly working to fully acquire UTV, parent company of Ignition Entertainment, for $454 million. Develop reports that Disney, which already owns 50.4 percent of UTV, is seeking to fully acquire the company for its Bollywood films and TV shows -- and not for its ...
Industry veteran Mark Cerny talks about the hugeness of modern developers
Mark Cerny is a game developer with 30 years of experience under his belt, which just so happens to be notched with widely known projects like Marble Madness and Crash Bandicoot. In an interview with Gamasutra, Cerny discusses how the size of game development teams has ballooned in recent years. ...
Keiji Inafune's sights are on China, still down on Japanese game industry
At the tail end of a 1400-word diatribe detailing the myriad failures of the Japanese game industry, former Capcom all-star Keiji Inafune (who else?) gave us the first big hint about what he's going to be working on next. We know about his two new companies -- the multi-faceted Comcept and the ...
Report: PopCap being acquired for over $1 billion
TechCrunch reports, by way of "multiple sources," that casual gaming powerhouse PopCap – the group behind Plants vs. Zombies, Peggle, and every other game your mom loves and you won't admit to loving – is in the process of being acquired. ... for over $1 billion. While you ...
Former Rockstar designer founds Mainly About Games
Former Rockstar designer Anthony Gowland is breaking out on his own. His past work includes GTA: Chinatown Wars and Red Dead Redemption and, today, he announced the formation of Mainly About Games, a self-professed micro-studio based in Edinburgh that will focus on mobile and web-based games. ...
Fallout Online's future in doubt as Interplay crumbles
Fallout Online and several other Interplay-developed titles may be in serious jeopardy, according to a US Securities and Exchange Commission report filed by Interplay last week. Develop discovered the filing, which spells out dire financial concerns for the immediate future of the company. ...
