Game industry business news

CEO of Eidos Bill Gardner has said that the recent PS3 price cut in the US is not sufficient alone to bring the next-gen console to the mass market, reports GamesIndustry.biz . "I don’t think [the price cut] is enough to reach the mass consumer, but I think it is …

Africa very much seems to be the flavour of the month at the moment – first it was Capcom’s Resident Evil 5 making the trip south of Equator, and now it seems Ubisoft is taking its popular FPS franchise in the same direction. CVG reports that as well as ditching …

Psychonauts creator deliver IGDA event talk

Sony’s mantra that ‘only Blu-Ray provides the storage needed for next-gen gaming’ may be the fanboys’ weapon of choice on countless internet forums, but Project Gotham Racing 4 developer Bizarre Creations has admitted that it has had to cut features in its upcoming racer due to the limited size of …

Konami’s first quarter financial results, for the three months ending June 30th, have seen net revenue hit $509 million, a rise of 5.2 per cent, and net income hit $32.5 million, an increase of 82.2 per cent compared to the same period last year. In isolation, Konami’s Digital Entertainment Division …

A company named Parallel Processing claims that Sony’s much touted PS3 processor, the Cell, infringes one of its existing patents, and is demanding the impounding and destruction” of Sony’s entire chip stockpile. Next-Gen reports that a lawsuit filed on July 26th claims that a patent called Synchronized Parallel Processing with …

HMV has sold its Japanese business arm – made up of 62 stores and its website hmv.co.jp – for 70 million. The retailer says that the deal with DSM Investment Catorce will allow it to concentrate on countries in which it was a market leader. Chief executive Simon Fox added …

Nintendo must be toasting yet another storming week in this week’s UK all formats, all prices chart as the platform holder once again dominates the top ten, publishing six out of the top ten best selling titles this week. Only Activision and EA manage to break the monopoly, while the …

Safari-optimised version of Bejeweled developed and available from today

When asked whether he feels vindicated by the recent success of Wii, Miyamoto told Dean Takahashi of Mercury News : I think it is not necessarily vindication but I do get the distinct feeling that because of the Wii, people all over the world are finally taking notice of video …