Tag: Business
News Nintendo Confirms Switch 2 Revision For Europe
Allowing users to "easily" replace the battery
In March, Japanese outlet Nikkei released a report about Nintendo working on a new Switch 2 revision to comply with European Union rules, which allow users to replace batteries in consumer electronics themselves. There has been an update this week, with Nintendo's
News "The Wii U Was On Life Support" - Reggie Restates The NES & SNES Classic's True Purpose
Holiday magic
It's no secret that Nintendo was in a bit of a dark time at the end of the Wii U era. With sales down and everyone awaiting the next console (or should we say 'NX console'?), the company needed something to bring in the big bucks over the holidays. The answer, alongside amiibo, was the NES and SNES Classic systems, and boy, did they...
News Embracer Will Spin-Off 'Fellowship Entertainment' Into Its Own Company
"this approach represents the most effective long-term solution"
Embracer has announced its intention to spin-off Fellowship Entertainment into its own company in 2027. In the press release, founder Lars Wingefors states that the approach "represents the most effective long-term solution" for Embracer, with the intention being to "increase...
News Nintendo Hiring For A Brand New Role 'Movie Project Promotion Manager'
Aaaand action!
Nintendo continues to step into the movie and cinema realm, as the company has opened up a brand new position for a 'Movie Project Promotion Manager'. Shared and translated by Genki_JPN, the Big N is currently accepting applications for the role, which will be based in Kyoto, Japan. Successful candidates will be "responsible for...
News Square Enix Wants To Further Promote Its Multi-Platform Strategy, Especially On Switch 2
Nintendo's new system has almost sold 20 million units
Square Enix has already shown strong support for the Switch 2 with major series such as Final Fantasy and Dragon Quest, and it won't be stopping anytime soon, according to the company's CEO Takashi Kiryu. Following the third-party giant's latest financial results, Kiryu noted how the plan was...
News Capcom Says It Will Continue To Nurture Its "Leading Brands" With Sequels, Remakes And Ports
New IP is also part of the plan
Capcom has already had an outstanding run this year, and if you're wondering what its plans are looking ahead, it's effectively more of the same. As we briefly touched on in our previous story, the presentation slides from the company's latest financial report reveal how it intends to nurture its leading brands to be...
News Former Tekken Boss Establishes New Studio Under SNK Corporation
Legends never die
Former Tekken director Katsuhiro Harada has revealed the establishment of a new game development studio this week under SNK Corporation. It's called 'VS Studio' and is based in Tokyo. Harada, who will take on the role of CEO and Game Director, has provided an official statement, going into detail about the name, the studio's...
News Sega Explains Why Exactly It Cancelled Its "Super Game"
Market competition and business conditions ended the project
Yesterday, Sega Sammy's latest financial results revealed Sega's "Super Game" had been officially cancelled. It didn't elaborate on this, but a Sega representative has now shared some details about this project with Game File, and the reasoning behind its cancellation. The plan was to...
News "Your Proposal Is Neither Credible Nor Attractive" - eBay Rejects GameStop's Takeover Bid
Art of the deal
When we recently reported on GameStop's bid to acquire eBay for a cool $55.5 billion, many of you were understandably sceptical. How could such an offer be made when GameStop's own value is significantly lower than eBay's? Well, it turns out that eBay itself isn't too keen on the idea either. In a letter to GameStop's CEO Ryan...
News Don't Worry, Sega Is Still Reviving Multiple Legacy Franchises
Despite axing its "Super Game"
Although Sega has officially axed its "Super Game", according to Sega Sammy's latest financial results presentation, its new titles and revival projects are still in the pipeline. The slide presentation for fiscal year ended March 2026, confirms Sega still has "upcoming plans" for multiple classic IP. This includes...
News Sega Has Officially Cancelled Its "Super Game"
Other projects and revivals are still on the way
As you might recall, Sega has been busy working on a "Super Game", which was targeting a release this year. However, in Sega Sammy's latest financial results presentation, it appears the project has now been officially cancelled. In the latest lot of presentation slides, you can see there's...
News Nintendo Isn't Ruling Out Further Switch 2 Price Changes Just Yet
Ready for "whatever situation arises"
As a part of last week's Q4 financial report, Nintendo revealed that Switch 2 will be subject to a price increase later this year. Today, the company has released the transcript of the ensuing investor Q&A, where the pricing topic was naturally pushed into the limelight, and it sounds like Nintendo isn't ready...
News Nintendo's Share Price Drops Nearly 10% Following Price Hike Announcement
Great expectations
It's a new week, and following Nintendo's financial release last Friday, the company's share price has expectedly dropped in light of the price hike announcement for Switch 2. At the time of writing, Nintendo's share price is now sitting at ¥7,020, a drop of 8.44% since Friday and the company's lowest valuation since the end of...
News Nintendo To Counter Switch 2's Global Price Hikes With Robust Software Lineup
The focus is on enhancing Switch 2 ownership value
As you've probably heard by now, Nintendo has announced it will be increasing the price of the Switch 2 - so what does it plan to do to maintain sales momentum around the globe? Nintendo president Shutaro Furukawa has reportedly issued an official response during the latest investor briefing. To...
News Nintendo Announces Sweeping Price Hikes For Switch 2
And a price hike for Switch Online in Japan
Nintendo has announced that the Switch 2 will be going up in price globally, with Nintendo Switch Online also receiving a price hike in Japan. Hardware price revisions are effective from 25th May 2026 in Japan and 1st September in Western markets. Nintendo states that the changes are due to "changes in...
But then others are worrying about that too!
If you like keeping up to date on Nintendo's share price, then you'll no doubt be aware that it's been on a bit of a downward turn since it hit its peak back in August 2025. At the time of writing, it's sitting at 7,597 JPY, which is down significantly from its peak of 14,655 JPY. It doesn't take a...
News Retailer GameStop Has Made A $55.5 Billion Offer To Buy eBay
Like, the whole of eBay..?
US retailer GameStop has made an unsolicited offer to buy eBay to the tune of $55.5 billion. "What's eBay?", you ask..? Well, it featured in The 40-Year-Old Virgin in which a quaint little store takes your items and sells them on a new-fangled website for you. In all seriousness, eBay really needs no introduction...
News Former Nintendo Sales Lead Thinks Switch 2 Price Increase Is "Inevitable"
"There’s just so many outside forces that are kind of forcing their hand"
With the PlayStation 5's price increase going into effect today, lots of us are concerned about the rising cost of video games in general. Xbox has already increased its Series X and S prices, but the Switch 2 has remained static since its launch last year. But, in an...
Feature Nintendo May Win Its Case Against The US Government, But Tariffs Are Here To Stay
Winning the battle, losing the (trade) war
Rewind the clock back to early April 2025. Gamers in the United States are eager to get their hands on a Switch 2 and are waiting on tenterhooks to lodge their pre-orders. But, as he tends to do, Donald Trump threw a spanner in the works. On 2nd April, he declared a national emergency over the US trade...
News Investor Who Urged Nintendo To Monetise Mario's Jumps Acquires Shares In Kadokawa
“Just think of paying 99 cents just to get Mario to jump a little higher"
Oasis Management Company, a Hong Kong-based investment firm, has reportedly acquired a significant stake in Japanese media giant Kadokawa. As reported by Automaton, the firm now owns an 8.86% stake in Kadokawa after purchasing over 13 million shares. Kadokawa famously owns...
News Europe Might Be Forcing Nintendo To Revise The Switch 2
A revision with a replaceable battery, according to Nikkei
Nintendo is working on a new Switch 2 revision to comply with European Union rules around the ability for owners to replace batteries in consumer electronics themselves, according to a new report from Nikkei. The Japanese outlet reports that this move is specifically targeted at the...
News Saudi Investment Firm Acquires A Significant Number Of Capcom Shares
Its purpose is supposedly “pure investment”
The Saudi investment firm Misk Foundation, using its Electronic Gaming Development Company (EGDC) branch, has acquired a significant number of shares in Capcom, according to GameBiz (thanks, Automaton). The firm, owned by Saudi Arabian Crown Price Mohammed Bin Salman, now owns a 5.03% stake in Capcom...
News Nintendo Is Considering A Switch 2 Price Hike This Year, According To New Report
Thanks to AI and "RAMmageddon"
The rising demand for RAM for AI data centres and the associated rising costs are having a massive effect across the tech world, and with Sony reportedly pushing back the launch of its as-yet-unannounced PS5 successor, Nintendo is considering raising the price of Switch 2 in 2026, too, according to a new Bloomberg...
News SEGA Records $200 Million Impairment Loss As Angry Bird Dev's Performance Is "Sluggish"
Rovio's performance "fell significantly short of initial forecast"
SEGA Sammy has published its Q3 2025/26 financial report, and it's a pretty mixed bag for the multimedia giant, with losses reported in multiple different areas. But perhaps the biggest piece of news comes from Rovio's side of the business. Sega acquired the Angry Bird developer in...
News Ubisoft Staff Push Back Against Company Restructure With Three-Day Strike
Update: 538 confirmed to be striking
[Thu 12th Feb, 2026 13:30 GMT]: Late last month, Ubisoft announced a major organisational restructure which saw, among many other things, several studio closures and six game cancellations. This week, in response to the changes, at least 1,200 Ubisoft workers have taken to the streets in a three-day...
News GDC Survey Shows Switch 2 Is Proving To Be A Desirable Platform For Developers
Interest is basically as high as Steam Deck and PS5
The Switch 2 is approaching its eight-month anniversary, and developers across the world are interested in getting their games on the newest gaming system out there. At least, that's what GDC's latest State of the Game Industry survey reveals (thanks, VGC). The report shows that 39% of developers...
News Ubisoft Cancels 6 Games In Major Organisation Restructure
It's also investing heavily in "player-facing Generative AI"
Ubisoft has announced a major organisational restructure to refocus its initiatives and improve efficiency. In a press release, the company confirmed that it plans to "close several studios" and "continue restructuring throughout the Group" in order to achieve its goals. It reconfirmed...
Random Reggie Recalls Retailers "Upset" With Pokémon Ruby & Sapphire Shortages
Just a week into the job
Even though we've just entered a new era of Nintendo of America, Reggie Fils-Aimé is still the name most people associate with the role. And, speaking at this weekend's New York Game Awards, the former NoA president shared a little tidbit about his time early on in his career at Nintendo (thanks,
News Today Is Doug Bowser's Final Day As Nintendo Of America President
Devon Pritchard takes the chair tomorrow
Nintendo has announced that the President and Chief Operating Officer of Nintendo of America Doug Bowser will be retiring at the end of the year, on 31st December 2025. His replacement has already been named — Devon Pritchard, who has been at NoA for 19 years and is currently the Executive Vice President...
News Nintendo Wins $8.2 Million In Damages Over Wii Controller Patent Infringement
15 years leads to big(Ben) payout
Nintendo has been locked in a long-running legal battle with BigBen Interactive — now known as Nacon — over an infringement relating to the patent of the Wii controller for a full 15 years. That's a long time! Now, though, and as reported by The Games Fray (thanks, Games Industry.biz), the J
News Netflix "Didn't Attribute Any Value" To Warner Bros. Games In Acquisition Deal
"We haven't built that into our deal model"
Hm, we're sure that we won't be looking back on this quote with a suspicious eye down the line. Following Netflix's $82.7 billion acquisition agreement with Warner Bros. Discovery (later challenged by a separate offer from Paramount), Netflix co-CEO, president and director Gregory Peters has said WB Games...
News Nintendo's Shares Take A Tumble Amid Renewed Chip Shortage Worries
Chip and dip
Despite the massive Switch 2 sales out of the gate, Nintendo's shares have been slipping throughout December, dropping as much as 4.7% yesterday. Why? It seems fears surrounding chip shortages may be to blame. Bloomberg (paywall) estimates that Nintendo's market value may have already decreased by as much as $14 billion this month, as...
Update: Paramount enters the conversation
In a staggering piece of news this Friday, streaming giant Netflix has announced that it has entered an agreement with Warner Bros. Discovery to acquire Warner Bros. in a deal that's valued at roughly $82.7 billion — an equity value of $72 billion. Netflix is specifically acquiring Warner B
News Nintendo To Acquire Bandai Namco Studios Singapore As A Subsidiary
'Nintendo Studios Singapore' will become an internal team
Nintendo has announced that it will acquire a majority stake in Bandai Namco Studios Singapore after reaching an agreement with Bandai Namco for the transfer of shares next year. Described in the press release as being "for the purpose of strengthening its development structure," BNSS will...
News "Consumers Generally Do Not Care" About AI In Games, Says Former Square Enix Exec
"Gen Z loves AI slop"
Genvid CEO Jacob Navok, the former Director of Business at Square Enix, has shared his two cents' worth on the ongoing debate surrounding the use of AI in game development. While it's far from a glowing endorsement of the practice, Navok argues that most players "generally do not care" about it (thanks for the heads up,...
News Reggie Is "Surprised" We Haven't Seen More Xbox Titles On Switch 2
"I thought there would be much more"
In the last year or two, Microsoft has been very vocal about its desire to support Switch and Switch 2. We've seen a couple of examples of this on the new hardware with Tony Hawk's Pro Skater 3 + 4 and the soon-to-come Indiana Jones and the Great Circle, but where's the Gears? Where's the Call o
News Square Enix Hit By Mass Layoffs As Part Of Global Restructuring
Over 100 jobs in the UK are potentially affected
Reports have emerged that Square Enix is the latest video game company to be hit with layoffs today, with job cuts across "nearly all areas" outside of Japan including roles in sales, marketing, and publishing. VGC broke the news earlier today and reports that Square Enix president Takashi Kiryu held...
News "Go Tell Nintendo" - Ex-Blizzard President Responds After Xbox Calls Exclusives "Antiquated"
"Nintendo has continually dominated with outstanding games"
Xbox has been making headlines recently with the news that Halo: Campaign Evolved would be making its way to the PS5 in addition to Xbox Series X|S. Halo had always seemed like the last bastion of exclusivity for Microsoft's platform, and now that it's going multi-platform in 2026, it...
News EA Is Diving Headfirst Into Generative AI With New Partnership
"Together, we’re opening new creative frontiers"
Electronic Arts (EA) has already caused some controversy in recent weeks when it announced it had been acquired by the PIF (Saudi Arabia's Public Investment Fund), Silver Lake, and Affinity Partners for a cool $55 billion. Now, the company is back at it again. In a new announcement,
News Football Manager Signs With FIFA In New "Multi-Year Partnership"
"Elevating authenticity to truly global heights"
The Football Manager series has signed a "multi-year partnership" with the global football governing body FIFA. This deal will bring official licenses from FIFA's competitions to the long-running football management series by Sports Interactive. This will include the upcoming FIFA World Cup 26, which...
News Nintendo's Out To Get $4,500,000 In Damages From Ongoing Switch Piracy Case
Update: The 'Archbox' case continues
Back in July, Nintendo dished out a handful of lawsuits in its continued clampdown on Switch piracy. Four months on, one of these legal claims has come back as another win for Nintendo after the defendant failed to plead or otherwise respond within the court's given time. The case in question was against James...
News Nintendo Announces Establishment Of New Local Entity In Singapore
Nintendo Singapore aims to accelerate business
Nintendo is continually growing its business in all sorts of ways, and today it's announced the establishment of a new local entity located in the Republic of Singapore. According to the official press release, Nintendo Singapore was established last week on 26th September 2025. It aims to accelerate...
"We will continue to push the boundaries of entertainment, sports, and technology"
Electronic Arts has announced that it has entered an agreement to be purchased by the PIF (Saudi Arabia's Public Investment Fund), Silver Lake, and Affinity Partners for a staggering USD $55 billion. The deal, which is expected to close in Q1 FY 2027, was confirmed...
News Pokémon's Former Chief Legal Officer Believes Nintendo's Latest Patent Will Be Ignored
"decades of prior art" may give developers the upper hand
Nintendo's recent legal activity has caused quite the commotion online. One patent application relating to the summoning of a so-called 'sub character' has proven particularly controversial following its swift approval, with the broad nature of its contents having potentially wide...
News "Everyone Is A Director" At Nintendo, Says Former Dev, But Don't Make Excuses
Or you're outta here, pal
Motoi Okamoto, a former developer at Nintendo and now steward for the Silent Hill franchise at Konami, has taken to social media to comment on whether game directors might be considered "incompetent" if they're unable to judge new ideas without first implementing them. As covered by Automaton, Okamoto – who worked on...
News Atari Acquires IP Rights To Five Ubisoft Games, Including 2011's 'Child Of Eden'
All will be made available on "new platforms"
Atari and Ubisoft have announced that Atari has acquired the IP rights to five Ubisoft-published games with a view to make them available on new platforms. The games in question are Cold Fear, I Am Alive,
News Nintendo Subsidiary 'Warpstar Inc.' Has Been Renamed To 'Nintendo Stars Inc.'
Will focus on expanding Nintendo movie adaptations into other mediums
Nintendo has announced that it is renaming its subsidiary company 'Warpstar Inc.' to 'Nintendo Stars Inc.' following its consolidation earlier this year. Warpstar Inc. – founded on 31st July 2001 – had previously been a joint venture between Nintendo and Hal Laboratory to...
News Hideaki Itsuno Hires 'Devil May Cry' And 'Street Fighter' Legends For New Studio
A huge blow for Capcom
From left: Bingo Morihashi, Hideaki Itsuno, and Daigo Ikeno Lightspeed Japan Studio, a subsidiary of the Tencent-owned company Lightspeed Studios, has announced a key expansion with the opening of a new office in Osaka. Under the leadership of Hideaki Itsuno – who perhaps most famously spearheaded the development of the...
News Nintendo's Share Price Is Now Double The Height Of The Wii Era
Huge gainz
Nintendo's share price is continuing to skyrocket following the early success of the Switch 2. According to the latest data from Google Finance, the company's share price currently sits at a staggering ¥14,355. For context, this is now double Nintendo's value at the height of the Wii era. On 31st October 2007, the markets closed with...
News Switch 2 Has Sold "More Than 6 Million" Units, And Almost As Many Copies Of Mario Kart World
Crazy attach rates
Nintendo's latest financial results are live, and the platform holder has confirmed Switch 2 hardware sales "exceeding 6 million units globally in the seven weeks after launch." Switch 2 launched on 5th June and today's Q1 financial report includes figures up to the end of that month. The stated figure of "more than 6 million"...
