Industry News - Page 7

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...

News: EA CEO John Riccitiello Resigns

EA CEO John Riccitiello Resigns

Decision made after poor financial results

Electronic Arts' John Riccitiello has handed in his letter of resignation and will be stepping down from his position as chief executive officer on 31st March 2013 after being in charge of the company for six years. Larry Probst, who was the publisher's CEO from 1991 to 2007, will be the man in charge...

News: Nintendo of America Reorganising its Operations

Nintendo of America Reorganising its Operations

New York employees heading to Redmond

Nintendo is reorganising its operations in North America by moving some of its employees from the Park Avenue offices in New York to those in Redmond, Washington. A much smaller office will soon open up in New York, where a few staff will remain. For those of you who are worried, the Nintendo World Store isn't...

Talking Point: Nintendo's Stock Jump Bodes Well for the Value of Potential

Nintendo's Stock Jump Bodes Well for the Value of Potential

History and pedigree in the industry are vital weapons

This week brought some interesting and, perhaps, unexpected news. Nintendo's stock jumped a little over 7% on the Osaka Stock Exchange, a boost attributed to factors such as a weakening Yen being a benefit against trade in the U.S., while positive economic news from the big N's most valuable...

News: Nintendo's Stock Price Jumps Higher than Mario

Nintendo's Stock Price Jumps Higher than Mario

Happy shareholders spotted smoking cigars and drinking expensive brandy

Sometimes relatively obscure financial news can bring rather nice vibes for Nintendo and its fans, such as today's confirmation of a fairly meaty jump of over 7% in share price, to 10,330 Yen — roughly $110 / €85 / £73. While it'd be nice to think that this surge in value...

News: Ubisoft "Satisfied" With Wii U Launch, But Notes Low Software Tie-In Ratios

Ubisoft "Satisfied" With Wii U Launch, But Notes Low Software Tie-In Ratios

CEO Yves Guillemot talks business with investors

Ubisoft CEO Yves Guillemot has stated that his company is satisfied with the launch of the Wii U and happy with its own market share in both North America and Europe, but also noted the impact of "low tie-in ratios" on software. During Ubisoft's investors call last week, Guillemot had the following...

News: Activision's Bobby Kotick Is Disappointed With The Launch Of The Wii U

Activision's Bobby Kotick Is Disappointed With The Launch Of The Wii U

"We're concerned about the install base for 6-11 year-olds"

It seems that people just can't stop hating on the Wii U. Activision boss Bobby Kotick is the latest to knock Nintendo's new console, suggesting that the machine has been a commercial flop and is struggling to find favour with youngsters - a key demographic in today's market. During the...