Archive For Industry News Category

PS3 needs “another price reduction” to “remain competitive”- analyst

PS3 needs “another price reduction” to “remain competitive”- analyst

RW Baird analyst Colin Sebastian that if Sony are to remain competitive in the hardware market, they need to reduce the PS3's price again. "Sony is in a tough position," he toldGamesIndustry.biz. "... Read More

Sony will “strip down” PSN’s free services- analysts

Sony will “strip down” PSN’s free services- analysts

Analysts believe Sony will soon strip down the free services of the PlayStation Network, and will offer nothing but multiplayer gaming at free cost. "I think it's unlikely that they will require a ... Read More

REPORT: Valve working on next-gen hardware

REPORT: Valve working on next-gen hardware

[caption id="attachment_73417" align="aligncenter" width="505" caption="Prototype image"][/caption] According to recent reports, Valve may be working on a next-gen console, despite the firm denying a... Read More

Better Business Bureau- Mass Effect 3 was falsely advertised

Better Business Bureau- Mass Effect 3 was falsely advertised

Ever since the release of Mass Effect 3, haters of the game's ending have been accusing BioWare and EA of falsely advertising the game, saying that the ability to "completely shape" your own adventu... Read More

Xbox 360 to stay ahead of PS3, might receive a price cut- analyst

Xbox 360 to stay ahead of PS3, might receive a price cut- analyst

Wedbush analyst Michael Pachter believes the Xbox 360 will remain ahead of the PS3 for the foreseeable future, but that Microsoft's home console will be getting a price cut soon, probably before E... Read More

REPORT: Wii U releasing this November

REPORT: Wii U releasing this November

According to new reports on the internet, the Wii U, Nintendo's next-gen home console, will be released on November 18 this year in the US, and a week later in Japan. A European release date has not... Read More

Zipper Interactive bids farewell as studio officially gets shut down

Zipper Interactive bids farewell as studio officially gets shut down

After earlier reports that Sony was closing down Zipper Interactive, the studio that handles the SOCOM franchise, it's been confirmed. After 17 years of being founded, the studio is being shut down... Read More

PS Vita Sells Over 1.2 Million Units

PS Vita Sells Over 1.2 Million Units

Sony has announced that the sales of the PlayStation Vita has reached 1.2 million worldwide as of February 26, 2012. Software sales across the globe have surpassed 2 million units at both retail an... Read More

Deus Ex and Final Fantasy increase Square’s revenue and profit; Deus Ex sells over 2 million

Deus Ex and Final Fantasy increase Square’s revenue and profit; Deus Ex sells over 2 million

Square Enix has released it's fiscal reports for the nine month period (FY 2011-12) ending on December 31. They have posted a profit of ¥12.45 billion ($169.4 million), 11.5% up from the ¥11.16 ... Read More

Take-Two suffers loss of over $8 million; Red Dead Redemption sells 13 million, L.A. Noire closes in on 5M

Take-Two suffers loss of over $8 million; Red Dead Redemption sells 13 million, L.A. Noire closes in on 5M

Take-Two has announced revenue details and sales figures for the third quarter of fiscal year 2011-2012, ending December 31st. Revenue is down by 40 per cent, coming down for $334.3 million during ... Read More

Tomoyuki Tsuboi Has Been Named President of Konami

Tomoyuki Tsuboi Has Been Named President of Konami

Konami today announced Tomoyuki Tsuboi has been named President of Konami Digital Entertainment, Inc., replacing Mr. Shinji Hirano, who will be assuming the role of President of Konami Digital Ent... Read More

Brink dev hires Enslaved lead gameplay designer

Brink dev hires Enslaved lead gameplay designer

Splash Damage, developers of last year's (disappointing) title Brink, have announced the hiring of Marc Fascia, who previously worked as the gameplay programmer at Ninja Theory for Enslaved: Odysse... Read More

Smartphones are not killing handhelds- Satoru Iwata

Smartphones are not killing handhelds- Satoru Iwata

Contrary to what the general opinion these days says, smartphones are not killed the handheld market- or so says Nintendo boss Satoru Iwata. He said, speaking during Nintendo's recent financial ca... Read More

“The market is now waiting for a new home console”- Iwata

“The market is now waiting for a new home console”- Iwata

Nintendo boss Satoru Iwata feels that with 95 million units sold, the Wii has now peaked in its worldwide sales, and that the market is ready for a new home console. That'd be the Wii U, which Ninte... Read More

Doom 4 on PS3 could have more data than PC and 360 versions- John Carmack

Doom 4 on PS3 could have more data than PC and 360 versions- John Carmack

It's no secret that id Software is working on Doom 4, and now that they've got Rage out of the way and in the market, they're focusing all their time and resources on Doom 4. John Carmack, in an in... Read More

David Jaffe wants God of War 4 to be like Zelda

David Jaffe wants God of War 4 to be like Zelda

Evidence has been piling up, pointing towards the possibility that God of War 4 is, indeed in development. I mean, once you see rumours, after rumours, after rumours, after rumours of a game, it's g... Read More

REPORT: Xbox 720 to have Blu-ray, Kinect 2, smaller controller and will not run used games

REPORT: Xbox 720 to have Blu-ray, Kinect 2, smaller controller and will not run used games

An industry source has told Kotaku that the next Xbox will have Blu-ray as its disc format, unlike the Xbox 360, which has DVDs, and that it will ship with Kinect 2, successor to the original Kinect... Read More

REPORT: Xbox 720 will be six times as powerful as Xbox 360, will use Radeon 6000 card

REPORT: Xbox 720 will be six times as powerful as Xbox 360, will use Radeon 6000 card

Microsoft's next gen home console will be six times as powerful as the Xbox 360, and 20% more powerful than the Wii, according to a report at IGN. MS has decided to use a year old processor in their... Read More

Sony Santa Monica was about to develop a Twisted Metal-based survival horror game instead of God of War

Sony Santa Monica was about to develop a Twisted Metal-based survival horror game instead of God of War

[caption id="attachment_26403" align="aligncenter" width="490" caption="A world without Kratos? Kill me now."][/caption] God of War is one of the most successful and iconic franchises in the gaming i... Read More

Anonymous is back- targetting Facebook, Twitter, YouTube, XBL, PSN, Banks and more

Anonymous is back- targetting Facebook, Twitter, YouTube, XBL, PSN, Banks and more

[HTML1] In aftermath of United States' federal agents taking down popular uploading site MegaUpload and its sister site MegaVideo recently, Anonymous is back with its grandest and largest threat ever... Read More