Industry News - Page 10

News: Troubled THQ To Be Picked Apart By Rivals

Troubled THQ To Be Picked Apart By Rivals

Key franchises to be sold to the highest bidder

The future of THQ largely hangs in the balance as the company struggles to find the cash to stay afloat. Back in December the publisher filed for Chapter 11 Bankruptcy handing over its assets to investment firm Clearlake Capital, which is now looking for a prospective buyer. It has been confirmed...

News: Nvidia Unveils the Daunting Project Shield

Nvidia Unveils the Daunting Project Shield

A game changer for 3DS?

Update: We originally wrote that we believe this system may use a broadband connection to stream PC games from platforms such as Steam. In actual fact, the official product page explains that only a compatible router is required, with the device utilising a local connection between the system and a GeForce equipped PC...

News: Satoru Iwata Says That Wii U is "Selling Steadily"

Satoru Iwata Says That Wii U is "Selling Steadily"

Nintendo share prices have dropped since the system's launch

Although no concrete sales figures for Wii U have been given so far, Satoru Iwata has spoken about the performance of Nintendo's new home console in its early weeks. Many have observed that stock has been readily available and easy to obtain in recent times, a significantly different...

News: UK Video Games Market Fell By 17.4% in 2012

UK Video Games Market Fell By 17.4% in 2012

Big challenges for the industry

The Entertainment Retailers Association has reported that in 2012 the UK video games market fell by 17.4%, including both physical and digital sales. In 2011 the whole video games market in the UK was worth £1.934 billion, in comparison to £1.598 billion in 2012. While digital sales did increase by 7.7% in 2012,...

Talking Point: Nintendo's New Year Resolutions

Nintendo's New Year Resolutions

Mario should probably lose some weight

So it's the start of a New Year, and is the ideal time to reflect on hopes for future success and on what can be done better. Nintendo had an exceptionally busy 2012, working hard to expand the 3DS user-base and releasing the XL hardware iteration, while also bringing us its new home console, Wii U. We can...

News: The Last Story Was Almost Left Untold In North America

The Last Story Was Almost Left Untold In North America

XSEED came close to passing up the opportunity

The Last Story is one of the stronger titles on Wii, which we've just named as our staff's second favourite on the system in 2012. Originally released in Japan in early 2011, it took a long time to make an appearance in the West. It was early 2012 when it was published in Europe by Nintendo, however it...

Rumour: Ubisoft Looking To Buy THQ's Assets

Ubisoft Looking To Buy THQ's Assets

French company reportedly in talks to acquire tangible assets

On Wednesday THQ filed for Chapter 11 Bankruptcy in the United States, handing over its tangible assets to Clearlake Investments, an investment firm, with a view to selling the business on. It appears that Ubisoft is the front runner to pick up THQ's tangible assets, with MCV reporting...

News: THQ Files For Chapter 11 Bankruptcy

THQ Files For Chapter 11 Bankruptcy

Upcoming games are safe

THQ has been sailing through some stormy seas recently. The developer currently has $16.4 million outstanding on its facility and recently entered into a forbearance agreement with the finance company Wells Fargo Capital Finance. The waves don’t seem to be easing up for the company as it has today filed for Chapter 11...

News: Wii U Review Score Average Is Modest, At Best

Wii U Review Score Average Is Modest, At Best

Doesn't necessarily tell the whole story

Now that the Wii U and its launch library of games has been in the wild for almost a month, in North America at least, a general impression of the critical reaction to these titles and the console is starting to emerge. It's not a complete picture, of course, but gaming enthusiasts can start to see the trends...

News: GoldenEye 007 Developer Closes Its Doors

GoldenEye 007 Developer Closes Its Doors

Eurocom Ceases Trading After 25 Years

A few weeks back Eurocom - the developer behind Goldeneye 007 on Wii - announced a large number of redundancies, cutting 200 staff down to 50 in an attempt to restructure the company. However it has been revealed that the measures were unsuccessful and the studio will be closing its doors for good, with the...

News: BioShock Creator Has A Wii U, But It's For Pleasure And Not Business

BioShock Creator Has A Wii U, But It's For Pleasure And Not Business

"Nothing is brewing right now"

Ken Levine is a pretty big name in the video game industry. The mind behind such seminal titles as Thief: The Dark Project, System Shock 2 and BioShock, Levine's one of those figures who could potentially make third party support for the Wii U explode if he decided to jump on board himself - but sadly, that doesn't...

News: Nintendo UK Looking To Maintain Wii U Momentum

Nintendo UK Looking To Maintain Wii U Momentum

Focus turns to Q1 2013

It's fair to say the Wii U's launch has been a success, with the system selling out across the United States and shifting 40,000 units in the UK. Extra shipments are coming in thick and fast to meet the extreme demand that you'd expect for a new Nintendo console at Christmas time. Nobody really doubted that Wii U would be...

News: Pachter: "I think Nintendo becomes completely irrelevant"

Pachter: "I think Nintendo becomes completely irrelevant"

Outspoken analyst casts doubt on Nintendo and Wii U's third party appeal

Michael Pachter - Managing Director of Wedbush Securities and someone who can always be relied on to stir up emotions - has made some interesting comments regarding Nintendo at the Digital Game Monetization Summit in San Francisco. Speaking mainly about the state of the games...