Industry News - Page 2

News: Capcom Investing $80 Million in Two New R & D Buildings

Capcom Investing $80 Million in Two New R & D Buildings

All part of boosting internal development

Capcom may have enjoyed another smash hit with Monster Hunter 4 in Japan, with hopes of the Ultimate release achieving success worldwide, but it's had a hit-and-miss period in other areas. Just recently the company cut its profit projections by 50%, citing investment, an underperforming mobile sector and...

News: Disney Interactive Cuts Around 700 Jobs, A Quarter of Global Staff

Disney Interactive Cuts Around 700 Jobs, A Quarter of Global Staff

Mobile and Disney Infinity likely to remain as priorities

In news surprising for its scale if not, unfortunately, its occurrence, the Disney Game and Internet Division — better known as Disney Interactive — has laid off around 700 employees today. The strong performance of Disney Infinity last year helped improve the financial performance of the...

News: Zero Escape Series Director Struggling to Find Funding for Third Title

Zero Escape Series Director Struggling to Find Funding for Third Title

Takes to Twitter for help

The Zero Escape series, which features the puzzle-based visual novels 999: Nine Hours, Nine Persons, Nine Doors on the DS and Virtue's Last Reward on the 3DS and Vita, has always included the carrying of hope in desperate times as a theme. Series director Kotaro Uchikoshi is now finding himself trying to maintain a similar...

News: Nintendo President Satoru Iwata "Has Earned The Right To Fail", Says David Jaffe

Nintendo President Satoru Iwata "Has Earned The Right To Fail", Says David Jaffe

Nintendo's "ups and downs" are what make the company great

Yesterday, Nintendo revealed that it was slashing its hardware projections for this financial year and that it expects to make a loss — not the kind of news that under-fire president Satoru Iwata will have wanted to impart to investors and shareholders, we're sure. Iwata himself has...

News: We Cannot Continue Without Winning, But It's Not As Simple As Moving Mario To Smartphones, Insists Iwata

We Cannot Continue Without Winning, But It's Not As Simple As Moving Mario To Smartphones, Insists Iwata

"We are thinking about a new business structure"

The news that Nintendo has reduced its hardware sales projections for this financial year and expects to make a loss has come as quite a blow to dedicated followers of the company, and has led some critics to repeat claims that the firm needs to move away from making its own hardware and embrace rival...

News: Nintendo Has "Great Games" But Is Facing A "Structural Problem", According To Industry Analysts

Nintendo Has "Great Games" But Is Facing A "Structural Problem", According To Industry Analysts

"The first step to recovery is to acknowledge the problem"

Today's somewhat dismal financial results have given Nintendo fans plenty of food for thought, as well as providing the company's critics with all the ammunition they need. Mitsushige Akino, chief fund manager at Ichiyoshi Asset Management Co. in Tokyo, feels that Nintendo needs to...

News: Iwata Accepts Responsibility For Poor Financial Results, Ignores Calls To Resign

Iwata Accepts Responsibility For Poor Financial Results, Ignores Calls To Resign

No management shake-up expected

Nintendo president Satoru Iwata has taken responsibility for the poor financial results posted earlier today but has insisted that he will remain in charge in order to steer the Japanese company through these testing times. Nintendo's latest report reveals that it expects to sell less Wii U and 3DS consoles by the...

News: Microsoft's Phil Spencer Can't Say Enough Nice Stuff About Nintendo

Microsoft's Phil Spencer Can't Say Enough Nice Stuff About Nintendo

Thinks Nintendo's first party content is an "amazing asset"

Remember the good old days when video game firms used to say all kinds of nasty things about their rivals to get the upper hand? It would seem the days Genesis does what Nintendon't are long past, as modern companies appear to be increasingly keen to praise one another. Microsoft and Sony...

News: Reggie Fils-Aime: Petitions Don't Affect Nintendo's Decisions

Reggie Fils-Aime: Petitions Don't Affect Nintendo's Decisions

“100,000 signatures doesn’t mean 100,000 sales”

Movements like Operation Rainfall demonstrate a community’s interest in seeing certain games or features become accessible; in Operation Rainfall’s case, advocates eventually saw their wishes granted by Nintendo, but was that a direct result of their efforts? According to Nintendo of America...

News: The Financial Post Thinks Wii U And 3DS Could Be The "Best Bets" This Christmas

The Financial Post Thinks Wii U And 3DS Could Be The "Best Bets" This Christmas

At last, some positive mainstream reporting

There's a lot of Nintendo-related doom and gloom floating around at the moment — some of which we feel it is our duty to report — but today we've got a little bit of positive news. The Financial Post has stated what we knew all along: Nintendo's two systems are the best option for prospective buyers...

News: Epic Vice President Mark Rein Remains Unconvinced By Second Screen Gaming

Epic Vice President Mark Rein Remains Unconvinced By Second Screen Gaming

“I think we’ve yet to see the real value of the second screen idea"

The Wii U has taken quite a beating in the last few days — first being outsold by Xbox One and PS4 — and then Super Mario 3D World under-performing at retail despite critical acclaim. With the PS4 and Xbox One currently doing rather well, what exactly is the Wii U doing...

News: Former Naughty Dog And THQ Head Jason Rubin Says Nintendo Is "Irrelevant" In The Hardware Arena

Former Naughty Dog And THQ Head Jason Rubin Says Nintendo Is "Irrelevant" In The Hardware Arena

Feels "it's a crime" that Nintendo doesn't publish on other platforms

Nintendo may make some of the best games in the world, but it also creates some of the finest piece of gaming hardware, too. However, the industry as we know it is changing. The traditional console makers are now competing with the likes of Apple and Google. In addition to this,...

News: Investment Site Motley Fool Executes Spectacular U-Turn By Claiming Nintendo Will Win This Christmas

Investment Site Motley Fool Executes Spectacular U-Turn By Claiming Nintendo Will Win This Christmas

Less than a week after saying the company was facing "the end"

Investment site The Motley Fool — which recently painted a rather dismal picture of Nintendo's future — has performed a complete about-face by claiming that Nintendo could end up being the big winner this holiday season. The opinion piece points out that although the Wii U has...

News: Nintendo Stock Value Rises After Buying Stake In Mobile Web Company Dwango

Nintendo Stock Value Rises After Buying Stake In Mobile Web Company Dwango

Embracing the mobile market

Mobile gaming is something Nintendo reportedly has no plans of participating in anytime soon. President Satoru Iwata previously made it clear Nintendo would lose its identity if it were to make such a move. On other occasions, he has said this field of games and software development is under absolutely no consideration...

News: Sony Worldwide Studios President Shuhei Yoshida Wants The Wii U To Succeed

Sony Worldwide Studios President Shuhei Yoshida Wants The Wii U To Succeed

So much so, he's bought two of them

We've known that Sony's Shuhei Yoshida is a fan of the Wii U for some time — he has previously revealed that he owns Nintendo's current home console — but in a chat with IGN's Greg Miller, he has spoken a little more of his desire to see the console become a success. During the interview, Yoshida mentioned...

News: Disney Interactive Co-President Resigns

Disney Interactive Co-President Resigns

Other co-president will assume full control

Disney Interactive has seen its fortunes turning around as of late, thanks largely to the release of Disney Infinity, but that doesn’t mean the division still isn’t doing some restructuring. According to the New York Times, Disney Interactive Co-President John Pleasants announced