Industry News - Page 6

News: Rumours Of The Demise Of Silicon Knights Are Greatly Exaggerated

Rumours Of The Demise Of Silicon Knights Are Greatly Exaggerated

Founder Denis Dyack joins Precursor full time, but studio is still "alive"

Silicon Knights chief financial officer Mike Mays has refuted claims that the studio is all but dead, telling Polygon that it is "very busy" and "definitely alive". The studio remains embroiled in a legal battle with Epic Games, and insider reports suggest that focus on...

News: Activison Anticipating Rough End To 2013, Wii U Partly Responsible

Activison Anticipating Rough End To 2013, Wii U Partly Responsible

Playing the blame game?

Super-publisher Activision has posted better than predicted financial results for the first quarter of the year, but CEO Bobby Kotick has stated that he expects the latter part of 2013 to be less fruitful — and the poor commercial performance of the Wii U is partially to blame. Net revenues were $1.32 billion during the...

News: Capcom Not Turning Its Back On Home Console Development

Capcom Not Turning Its Back On Home Console Development

"Home video game software" is the "core segment" for the firm

Capcom has released its annual financial results, and the figures pretty much match the company's somewhat dismal April forecast. The company posted a profit of £19.42 million, which is down 56 per cent year-on-year. Capcom had previously stated that "excessive outsourcing" had led to a...

News: The Force Is Strong In EA's New Star Wars Publishing Agreement

The Force Is Strong In EA's New Star Wars Publishing Agreement

But will Nintendo fans see any benefit?

EA has signed up "exclusive" rights to Star Wars video games following the closure of LucasArts last month. The multi-year deal appears to cover original games, rather than those linked to the forthcoming movies. To confuse things further, Disney has retained the rights to certain mobile, online and tablet...

News: Cliff Bleszinski Likens The Wii To A "Virus"

Cliff Bleszinski Likens The Wii To A "Virus"

Outspoken designer agrees with earlier comment by ex-Epic colleague

Back in 2008, Epic's Mike Capps described the Wii as a "virus" which infected gamers in the short-term but didn't leave any lasting impression. He said: It's a virus where you buy it and you play it with your friends and they're like, "Oh my God that's so cool, I'm gonna go buy...

News: Nintendo Stock Rises By 11%

Nintendo Stock Rises By 11%

The largest increase since 2008

The Japanese yen has reached a three-year low against the euro meaning many successful exporters are enjoying a rise in stock. Nintendo has seen an 11% rise in stock value, which now stands at 11,850 yen, the largest gain since 2008. The yen has weakened against all 16 major counterparts this year as speculation...

News: Deep Silver Has "No Plans" To Support Wii U

Deep Silver Has "No Plans" To Support Wii U

"Their audience is not who we reach best"

Deep Silver's desicion to not bring Dead Island: Riptide to the Wii U caused a moderate amount of drama last month — not least because the excuse given was denied by the development team behind the game, forcing Deep Silver to admit that the real reason was that the process simply

Interview: Michael Pachter On Wii U, 3DS And The Challenges Facing Nintendo This Generation

Michael Pachter On Wii U, 3DS And The Challenges Facing Nintendo This Generation

"I don’t hate Nintendo at all"

Michael Pachter has been called a lot of things — not all of them repeatable on a family-friendly site such as this — but many of his harshest critics seem to miss the point of what he is actually saying; his job is to ensure that people invest their cash wisely and not to placate over-zealous fans...

News: LucasArts Shut Down By Disney

LucasArts Shut Down By Disney

Star Wars titles will be licensed out to third parties

It has been confirmed that Disney has shut down LucasArts. The company's publishing and internal development businesses will now close for good. Disney picked up the company as part of its deal to acquire LucasFilm but has since decided to disband it. Star Wars games will still be made, they'll...

News: XSEED Details Game Localisation Costs

XSEED Details Game Localisation Costs

Just wait until you see the snack budget!

XSEED Games, known for its excellent translations of games like Little King's Story and Unchained Blades, recently spoke with localisation advocate Operation Rainfall about their development process. During the interview it went into detail - sort of - about the various costs that go into localising a...

News: Digital Game Sales Growing 33% Year-on-Year in US and EU

Digital Game Sales Growing 33% Year-on-Year in US and EU

Analysts reveal new data at GDC

The digital distribution of games has grown substantially in recent years with an increasing number of titles finding themselves in the Nintendo eShop, PSN, Xbox Live Arcade and Steam. Analysts from NPD, iResearch and Digi-Capital presented data at this week's Game Developers Conference on the state of the global...

News: GameStop: Wii U Marketing Strategy Has "Not Broken Through" To Consumers

GameStop: Wii U Marketing Strategy Has "Not Broken Through" To Consumers

More first party titles will enable system to "take off"

Earlier in the month, GameStop President Tony Bartel said Wii U sales had been slower than the company had anticipated and that the system would need some great first party titles in order to compete. The games retailer recently had its post-earnings financial call, which has been reported on...

News: New Research Claims Wii U Success Hinges On A Price Cut

New Research Claims Wii U Success Hinges On A Price Cut

ABI believes the video game market is set to improve

The video game market has been contracting in recent years. According to research from ABI, sales of video game consoles dropped by around a quarter in 2012 as the big three systems came towards the end of their life cycles. The launch of the Wii U over the festive period was reasonably...

News: PAX Australia is Sold Out

PAX Australia is Sold Out

No more tickets available for the July event

PAX Australia will be taking place this Winter between 19th and 23rd July in Melbourne and if you haven't picked up a ticket yet you might be a bit disappointed to hear all passes have been sold. This comes from the event's official Facebook page, which stated the expo is now a sell out and no more...

News: Tecmo Koei Slices Team Ninja in Two

Tecmo Koei Slices Team Ninja in Two

The company is reorganising after big profits

Tecmo Koei has been doing pretty well for itself recently. Last year it recorded a net profit of $27.9 million (£17.7 million) between the beginning of October and the end of December, which was a staggering 291.7% increase on the previous quarter. Now the company has announced it is reorganising its...