The Foundry Group Invests in New Harmonix IP

March 27, 2013

Harmonix has secured funding for three of its upcoming products from Colorado-based capital venture firm The Foundry Group, according to Polygon. The firm generally invests in companies that are in the business of "human computer interaction," and its last high profile investment land at Zynga.

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PC Gaming Alliance Releases Annual Report on the State of 'PC Gaming'

March 27, 2013

The PC Gaming Alliance, a not-for-profit industry consortium dedicated to evangelizing the PC Gaming space delivered annual custom research results to PCGA members, and shared portions of the findings with the press at a news conference during GDC this week.

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Analyst: Single Player IPs Will Cause Problems for Square Enix in the Year Ahead

March 27, 2013

Veteran analyst Billy Pidgeon says that games like Tomb Raider need 5 - 10 million sales to be successful for Square Enix and that IPs that cost hundreds of millions of dollars need a minimum Metacritic scores of 8.5 and the aforementioned range of sales. Pidgeon sees a difficult year ahead for Square Enix, who predicted earlier this week a very tough year of losses despite decent sales of its latest Hitman title and the new Tomb Raider game.

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Atari Founder Thinks Oculus Rift, Google Glass are the 'Next Big Things'

March 27, 2013

Atari founder Nolan Bushnell tells All Things D that the smart money is no longer going into smartphones as the industry shifts to focus on new platforms.

"All the money's out," Bushnell told the publication. "Do I really want to do a mobile game that's one of 300,000, where discoverability is everything? You really have to have a little more sizzle on the steak."

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EMA Applauds Retailers' High Marks in FTC Ratings Enforcement Report

March 25, 2013

The Entertainment Merchants Association (EMA) today applauded the efforts of retailers in the United States for continuing to show record levels of enforcement of video game and DVD ratings. The praise comes in response to the results of a Federal Trade Commission survey released today. That survey found that video game retailers turned away unaccompanied 13- to 16-year-olds who attempted to purchase Mature-rated games 87 percent of the time and turned away under-aged children who attempted to purchase R-rated or unrated DVDs 70 percent of the time.

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Video Game Retailers Receive High Marks from 2012 FTC Secret Shopper Survey

March 25, 2013

The Federal Trade Commission today released the results of its "Secret Shopper Survey" to test whether retailers were doing their part to keep adult entertainment out of the hands of children. The results of that survey are here, but the take-away is that retailers are continuing to self-police - without government intervention, I might add - just who buys video games, music and other entertainment.

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Kickstarter Game-Related Pledges Pass $107 Million Milestone

March 22, 2013

Just how much money has been pledged to game projects so far on Kickstarter? According to data released by the popular crowd funding platform, right around $107.6 million. Since the site's launch four years ago, more than 633,242 backers have pledged to over 4,500 Games projects, nearly 1,000 of these were pledged to in the last year.

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Baird Equity Research Report Calls Speculation on Used Games Restrictions 'Misguided'

March 21, 2013

A research report on GameStop from equity research firm Baird Equity Research predicts that the games retailer will miss estimates for Q4 earnings. The company is set to release Q4 earnings next Thursday, along with initial guidance for fiscal year 2013. Baird Equity points to weak hardware sales and software prices that are " under pressure." GameStop could see a boost from the next Xbox announcement, the E3 trade show in June and launch of new hardware in the fall, according to the firm.

Baird Equity Research Report (PDF)
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UK Game Industry Tax Relief Delayed by EU Commission

March 20, 2013

Tax relief for the video games industry in the United Kingdom has been delayed because the European Commission was not able to approve the Cultural Test provisions of the plan, according to this GamesIndustry International report. The Cultural Test requires those applying for tax credits to promote the culture of the UK in various ways.

UK games industry trade groups UKIE and TIGA expressed their disappointment in the news, but were optimistic that the government would continue to be committed to tax breaks for games developers.

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EA CEO John Riccitiello Resigns

March 18, 2013

Long-time Electronic Arts CEO John Riccitiello resigned from the company today and will leave EA by the end of the month. Former CEO and executive chairman Larry Probst will oversee EA's operations until a suitable replacement can be found. Riccitiello will also leave his position on the EA board. He will receive 24 months salary as part of his departure deal.

Riccitiello oversaw EA's growth from 1997 to 2004, then leaving for venture capital firm Elevation Partners. He rejoined in 2007 to take on the role of CEO.

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SimCity Sells Over 1.1 Million Units, Free Games Detailed

March 18, 2013

Whatever anyone thinks of SimCity, the proof is in the early numbers, and those early sales numbers from the first two weeks of the game's release show that the game is doing pretty well despite a rough online launch week. EA said that during those first two weeks of release SimCity sold more than 1.1. million copies. The company said that the majority of those copies were sold through digital channels. This does not surprise me at all considering that everyone I asked today said they had made a digital purchase.

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DLC Keeps Skyrim Relevant, Profitable

March 12, 2013

While Bethesda Softworks' popular role-playing game The Elder Scrolls V: Skyrim has been out for over a year on various platforms (PC, Xbox 360, and PS3), the company says that it is far from done with the game and that downloadable content is helping the company keep the RPG relevant to this day and make some money in the process. Speaking to UK publication MCV, Bethesda European MD Sean Brennan is using retailers to help push the game’s DLC (Dawnguard, Hearthfire and Dragonborn) on Xbox 360.

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No Plans for Skylanders-Style Lego Game, Says TT

March 6, 2013

As part of an interview with NowGamer, TT Fusion’s lead dev on Lego City Undercover, Loz Doyle, says that the company has no interest in creating a Skylanders-style Lego game that uses toys and the Wii U GamePad’s NFC chip. The Wii U controller has a built-in NFC chip which allows toys and cards to be scanned into a game. Skylanders uses the same technology with its mini figures and its portal peripheral.

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inXile Hits Funding Goal for Torment: Tides of Numenera in Six Hours

March 6, 2013

inXile raised millions with its first Kickstarter campaign for Wasteland 2, and within six hours of launching its latest crowd-funding campaign for the spiritual sequel to Planescape: Torment, it has hit its goal of $900,000. It looks like they'll be spending the next 30 days left in the campaign to come up with crazy stretch goals. Torment: Tides of Numenera is a single-player role-playing game, and a sort-of spiritual successor to Interplay / Black Isle Studios hit CRPG Planescape: Torment.

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Sony Unloads Stake in DeNa for $438 Million

March 4, 2013

Sony has decided to unload its holdings in mobile game developer and publisher DeNa, according to this Reuters report. Sony has reportedly sold all of its shares in the company to Japanese-based investment firm Nomura Securities for $438 million.

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Ubisoft: Nintendo Needs to Sell More Wii U Consoles

March 4, 2013

Speaking to MCV recently Ubisoft CEO Yves Guillemot stated the obvious: the Wii U needs to sell more units. The topic came up because Guillemot was talking about all the resources his company has green lighted for Ubisoft Montreal - the studio developing Watch Dogs. That game will also be coming to the Wii U, amongst other platforms.

"We think Wii U is a great machine. But it just has to sell more," Guillemot said.

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Retro City Rampage Developer: Game Sells Better on PSN than on XBLA or Steam

March 1, 2013

Update: We didn't have to wait long to hear Vblank Entertainment's thoughts on WiiWare. Speaking to Nintendo Life exclusively in an interview to be published in full over the weekend, Brian Provinciano called the WiiWare release a $20,000 gift to Wii fans. He asks everyone to go buy it so he can recoup some of those costs.

Nintendo Mini Moves Over 35K Units in Canada

March 1, 2013

Earlier in the week we reported that Nintendo announced plans to bring the budget minded Wii Mini to the United Kingdom after launching it in Canada back in December. One of the things we did not know was just how well the scaled down console was performing at retail in Canada. Popular Nintendo-focused web site Nintendo World Report offers some insight on that today. According to NWR, the Nintendo Mini has sold 35,700 units across Canada - from launch to January 31.

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EA: All Future Games to Have Microtransactions Because Consumers 'Enjoy Them'

February 27, 2013

Apparently consumers just love microtransactions so much that EA has decided to put them in every game it makes going forward. Those ideas sprang forth from the mouth of CFO Blake Jorgensen today during the Morgan Stanley Technology, Media, and Telecom Conference - as reported by GameSpot.

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Zynga Closes Baltimore Studio, Consolidates Other Locations

February 25, 2013

GamesBeat is reporting that the Baltimore, Maryland studio that used to be headed up by veteran game developer Brian Reynolds has been shut down by social games publisher Zynga. The studio is responsible for CityVille 2, which Zynga has discontinued. A Zynga spokesperson said the company is trying to place those that were laid off from its Baltimore studio in other studios within the company.

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Black Ops II Tops Retail Charts in January

February 15, 2013

The NPD Group released retail video game sales figures in the United States for January 2013, revealing that Activison's Call of Duty: Black Ops II remained the best-selling title in the region. The top five best selling games for January 2013 were Call of Duty: Black Ops II, Far Cry 3, Just Dance 4, NBA 2K13, and Madden NFL 13. Sales were inflated slightly because NPD Group counted five weeks instead of four to comply with the National Retail Federation calendar.

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Angry Birds Trilogy Goes Platinum

February 15, 2013

Rovio's Angry Birds Trilogy has sold over one million copies worldwide, according to developer Rovio and publisher Activision. The duo also announced that the game would be coming to the Wii U and Wii later this year.

Angry Birds Trilogy was released in September 2012 for Xbox 360 with Kinect support, PlayStation 3 with Move support and Nintendo 3DS. The compilation offers three games - Angry Birds, Angry Birds Seasons and Angry Birds Rio, along with extra content such as additional levels, added features and brand new interactive backgrounds and spiffy new animations.

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Xbox 360 Tops January 2013 Hardware Sales in U.S.

February 15, 2013

Microsoft announced that it sold 281,000 Xbox 360 units in January in the United States, up from the 270,000 units it sold in the same period a year ago. The company claims that these sales represented $338 million in total retail spending during the month. This is the 25th straight month where the Xbox 360 has been the top-selling console in the U.S.

Consumers in the United States spent a total of $338 million on Xbox 360 consoles and accessories during the month, Microsoft said. The Xbox 360 represents 44 percent of the video game market currently.

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Bold Prediction: 64 Percent PS3 Price Drop after PS4 Announcement

February 15, 2013

DealNews, a web site dedicated to bringing you all the latest news on all the hottest items past and present makes a pretty bold prediction: After Sony makes its big announcement (it is presumed) about the PlayStation 4, the PlayStation 3 will see a price drop of 64 percent at retail. They base this price drop percentage on historical retail data for the PS3 versus the PS2 and the Wii U versus the Wii. Here is the crux of the argument:

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PBS Idea Channel: Are Bitcoins and Unusual Hats the Future of Currency?

February 13, 2013

The PBS Idea Channel has launched its latest episode on YouTube which focuses on virtual currency and the future. The latest episode is called "Are Bitcoins and Unusual Hats the Future of Currency?" and focuses on the popular virtual currency and the commerce that occurs in virtual spaces like Team Fortress 2.

It also explores some of the problems that can occur when your currency might be one tick away from a clever hacker figuring out how to put those virtual coins in a virtual bag with dollar signs on it..

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Research: As Violent Video Game Sales Climb, Violent Crime Among Youths Decreases

February 13, 2013

As part of a New York Times article (as reported by Polygon) on the study of violent video games, a new study emerged showing that a decline in violent crime, even as sales of violent video games more than doubled.

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Activision Publishing CEO Predicts Year-On-Year Decline for Next Call of Duty Title

February 8, 2013

Activision Publishing CEO Eric Hirshberg warns investors that the next Call of Duty will sell less than Call of Duty: Black Ops II.

"The Call of Duty franchise continues to set the bar for innovation and we expect the new Call of Duty game in development for 2013 to raise that bar even higher," Hirshberg told investors during a conference call to discuss financial results this week.

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100 Million Skylanders Toys Sold To-Date

February 7, 2013

No doubt Activision is delighted that over 100 million Skylanders toys have been sold across the United States. The company announced the milestone at the Toy Fair 2013, reports Destructoid. Activision says that the Skylanders franchise (Skylanders and Skylanders Giants) across all platforms has generated over $500 million since its launch in 2011.

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Ubisoft Sees Strong Sales of AC3 and Far Cry 3

February 7, 2013

Ubisoft announced that it has shipped well over 12 million units of Assassin's Creed 3 and well over 4.5 million units of Far Cry 3. That number includes all platforms the games are available on - as well as digital sales of both games. Ubisoft's total sales for Assassin's Creed 3 have now passed the 12 million mark worldwide, while Far Cry 3 sales are up over 4.5 million units, the French publisher announced today in its third-quarter financial report.

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Mojang Rakes in $240 Million in 2012

February 1, 2013

According to data from IT24.se, Mojang generated revenue of nearly $240 million in 2012, with $100 million of that cash coming from license fees. Mojang's only product is the ultra popular Minecraft, though it is available on Xbox Live, PC, and mobile devices (iOS, Android). The information comes from Thomas Arnroth, a Swedish author who is writing a book about Mojang called "A Year With Mojang: Minecraft Behind The Scenes."

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Cecil475@PHX Corp - The dude's a moron who wouldn't know crap if it came up and kicked him.05/19/2013 - 6:36am
PHX Corphttp://kotaku.com/ea-sports-developer-calls-wii-u-crap-and-nintendo-wa-508481261 EA Sports Canada Moron calls Wii U 'Crap' and Nintendo 'Walking Dead'05/18/2013 - 11:42am
E. Zachary KnightIf the videos are of sufficient quality that people subscribe and watch regularly, then those let's players are providing a service that people want. That is the heart of capitalism. That is not something that should be shamed.05/17/2013 - 8:06am
E. Zachary KnightI have no idea who either of those people are. However, I still don't see why making a business out of creating let's play videos is somehow evil or wrong.05/17/2013 - 8:04am
MaskedPixelanteIt sure is if you're just doing it for the money. See Tobuscus and/or Pewdiepie for what happens when people get into it just for the money.05/17/2013 - 7:30am
E. Zachary KnightWhy is it wrong to make money doing LPs? Why should that be something that should be shamed?05/17/2013 - 6:20am
MaskedPixelantehttps://twitter.com/PsychedelicSA/status/335183893214924801 Now here's an interesting, glass half full thought about the Nintendo LP thing. It outs the people who are just doing LPs to make money.05/17/2013 - 5:56am
E. Zachary KnightI responded in writing to all this "let's play" stuff Nintendo Started. No need for my permission, I won't give it. It's not mine to give. http://divineknightgaming.com/?p=29205/16/2013 - 2:21pm
E. Zachary KnightLars Doucet of Levelup Labs has a Reddit going on game companies that allow monetization of Let's Play videos. http://www.reddit.com/r/Games/comments/1egayn/lets_build_a_list_of_game_studios_that_allow/05/16/2013 - 1:04pm
Sleaker@Imautobot - yah I wouldn't use an emulator as a good first run test of how stable the console is, haha.05/16/2013 - 11:47am
E. Zachary KnightThe 50th person to jump off a bridge is just as dumb if not dumber than the 1st.05/16/2013 - 10:03am
MaskedPixelanteYeah, let's all jump on Nintendo for doing this, even though they're hardly the first company to do this...05/16/2013 - 9:47am
E. Zachary KnightWow Nintendo, this is wrong. http://kotaku.com/nintendo-forcing-ads-on-some-youtube-lets-play-video-50709238305/16/2013 - 8:44am
Imautobot@Sleaker, further gameplay has revealed that the controller button do stick under the faceplate. Also, The NES emulator (Emuya)keeps crashing on me, though I think a bad ROM is causing it.05/16/2013 - 7:10am
Papa MidnightAE: I wonder if any other publishers will follow suit.05/15/2013 - 8:12pm
Andrew EisenEA is ditching Online Pass. http://venturebeat.com/2013/05/15/ea-kills-its-controversial-online-pass-program/05/15/2013 - 7:20pm
Avalongod@Zach and quicnkold...I've read the bill and the intent of it is to fear-monger. It's not a balanced message. I don't recall the ESRB being mentioned at all. It's more "keeps your kids away from these movies/games or they'll become violent"05/15/2013 - 4:35pm
E. Zachary Knightquiknkold, The big problem with that legislation is the amount of misinformation out there. Who is going to ensure that the information in the pamphlet is accurate?05/15/2013 - 3:25pm
quiknkoldREBeardogg : I'm on the fence about this. on one side, I want parents to be aware of the ESRB, and even Movie Ratings. On the other hand, I feel this will be used for nothing but Propaganda. The ESRB does a good job.05/15/2013 - 3:07pm
IanCFrostbite is coming out on iOS devices. Yet the Wii U cant handle it? *coughbullshitcough*05/15/2013 - 2:31pm
 

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