Posts tagged money 
Riot Games confirms Tencent majority buyout
Riot Games has confirmed that a majority of the company was bought by China's Tencent, putting its stamp of approval on rumors of the deal last week. Brandon Beck, Riot's CEO, is quoted as saying that "Tencent's investment will provide our talented team of designers, developers and community staff ...
Infinity Ward holdouts to receive extra helping of bonuses, says Activision's Amrich
Activision's newly hired community man Dan Amrich took to a Facebook forum recently to spell out the bonus situation for the remaining employees at troubled Modern Warfare 2 developer Infinity Ward. Develop spotted Amrich's information-laden responses, which echo and expand on claims made by ...
Penny Arcade Scholarship now accepting applications
Wondering what it feels like to be on the receiving end of the benevolence frequently exhibited by the creators of Penny Arcade? If you're a college student with starry-eyed ambitions to change the video game industry for the better, you might be able to bask in the warm light of their generosity ...
Survey determines average U.S. game developer income
[Flickr user AMagill] The results of Game Developer Research's ninth annual Game Developer Salary Survey recently surfaced, giving us our yearly reminder that we're totally on the wrong side of this industry. According to the survey, the average "American mainstream videogame industry salary" is ...
Take-Two revenue up $14m, laying off 15% of execs
Take-Two has released its fiscal 2010 Q1 financial report, dropping always thrilling financial news on us about the company's performance between November 1, 2009 and January 31, 2010. Aside from a $13.8 million year-over-year increase in net revenue ($163.2 million this year over $149.4 million ...
EA Sports supports 'Project Ten Dollar,' out to 'digitize' Madden consumers
Watch out, Madden consumer, 'cause Peter Moore is coming -- and he's gonna digitize you. In a speech at the Morgan Stanley Technology Conference yesterday, the EA Sports prez said, "I think we need to move much quicker, in particular with Madden, through a digital world ... you're going to see more ...
Stadium Events sells for $41,300, becomes most expensive NES game ever
We're not sure which element of this story is the most newsworthy, so we'll lead with this: Some person, somewhere in the world, recently spent $41,300 on an extremely rare NES game. Someone was perusing the eBay auction block, saw Stadium Events (which Nintendo bought the rights to and retitled ...
PopCap harvesting a money crop with Plants vs. Zombies on iPhone
We had assumed that putting PopCap's devilishly addictive Plants vs. Zombies on a handheld device was a recipe for commercial success. However, we didn't anticipate it setting a new sales record for the App Store, moving over 300,000 downloads in just nine days. At $2.99 a pop, the game has already ...
SouthPeak revenue down 42% year-over-year in second quarter of FY2010
Wake up! After that headline, we saw you start dozing and we wanted to make sure you were with us for the next hundred-ish words of pure, unbridled excitement. According to SouthPeak Interactive's fiscal 2010 second quarter financial results released this morning (which make up the last three ...
Atari fiscal Q3 results indicate revival for embattled publisher
Atari may not have published a ton of games in 2009, but that doesn't mean the company hasn't been picking up the bottom line. In a press release that reads like the exact opposite of those we saw from the company just a few years ago, CEO Jeff Lapin celebrates the €92.5 million ($126.25 ...
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Xbox One may require game installs, close out used game market [Update]
Posted on May 21st 2013 2:22PM