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Posts tagged market

Epic's Mike Gamble blames studio closures on 'stupid acquisitions'

Epic Games' European head, Mike Gamble, says there's a simple reason we're seeing so many big game companies close triple-A studios lately: stupidity. "It's happened because of stupid acquisitions," he said in London recently. Quite a few studios have seen shutdowns, either after or even during...

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Guitar Hero 6, another DJ Hero coming this fall

Activision has confirmed on an earnings call today that Guitar Hero 6 will be on store shelves sometime this fall, with a new DJ Hero game coming soon after. The music game market is a changing place, admitted CEO Bobby Kotick -- it will "continue to compress," with fewer titles and brands finding...

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Playdom CEO: 'Core gamers are playing this stuff'

Social gaming is bigger than ever. Playdom CEO John Pleasants gave an interview on stage at the LA Games Conference today, and said that while the western market for Facebook and social games currently pulls in over $750 million, it's going to balloon to as much as $4 to 5 billion in the next five...

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Ivor Novello awards to recognize music from video games

Get out those SAT skills! The Ivor Novello awards : Grammys :: The SAG awards : Oscars. They're the smarter, more peer-reviewed way for the British Academy of Songwriters, Composers and Authors to reward excellent songwriting and composing. And as the BBC reports, for the first time, it'll be...

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PS3 has lost Sony $4.7 billion, may be profitable next year

First the bad news: Sony's recently released FY Q2 2009 financial report included some pretty upsetting figures for investors to witness -- namely, that the company's "Networked Products and Services" division, which includes video game hardware and software sales, reported a ¥58.8 billion (or...

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Gamasutra breaks down console sales in light of price cuts

Source: NPD Group; via Gamasutra If you're like us -- and, we figure after all these years we've been secretly brainwashing you, you are -- then the recent console price cuts were met with your curiosity over how these discounts would affect the vast gaming sales landscape. Fortunately,...

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Sony: PS3 price cut not due to 'market conditions,' more social networking features on the way

Though the world economy is crumbling faster than a three-year-old sugar cookie lying on the floor of a jam-packed mosh pit, the recent cheapening of the PS3 shouldn't be attributed to current market conditions. Don't believe us? Perhaps you'll pay heed to the words of SCEE president Andrew House,...

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Japanese games market shrinks 24% in first half of 2009

2008 was a terrific year for Japanese gaming which saw the release of games like Monster Hunter Portable and Super Smash Bros. Brawl. It's no surprise that the lack of similar blockbusters, coupled with a global recession, would cause such a dramatic fall for the Japanese game market so far in...

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Krome CEO: Developer budgets have increased more than games market

Sure, everything's all sunshine and daffodils in the ever-expanding video game market, right? Wrong. Dead wrong, mister. While stories to that effect might seem to inspire hope in the gaming industry's seemingly impervious leaders, indie developer Krome's CEO Robert Walsh thinks the gaming press...

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UK gaming market could eclipse Japan's in '09

In all its infinite wisdom, MCV is predicting that the UK video game market will overtake the Japanese market sometime in 2009. Oh really? As far as having proof to back up its prediction, MCV supplies hard facts and some pro-UK mathematical sales figures. According to its research, the Japanese...

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