News

Epic Exec Says ‘Stupid Acquisitions’ Lead To Studio Closures

Noting the string of studio closures lately, the chief of European operations for Epic Games says there’s a pretty simple cause for them.


June 30, 2011
News

Internal Memo Addresses Madden Losses, Lays Out EA Sports’ Expansion Plans

In an internal memo obtained by IGN, a senior EA Sports executive says the label will soon open a third studio in Texas, and addresses the departures of key developers from its flagship Madden NFL product.


April 21, 2011
News

Gamefly Triumphs In Postal Service Dispute

The US Postal Service gave an unfair advantage to competitors like Netflix and Blockbuster Video, a regulatory board said Wednesday, awarding game rental service GameFly a victory in a two-year dispute over the postage, breakage and sorting of its disc mailings.


January 7, 2011
News

GameStop’s Holiday Was A $3 Billion Disappointment

GameStop’s stock lost almost 6 percent today even though it saw greater sales in the 2010 holiday season than it did a year ago. That wasn’t enough, apparently.


November 14, 2010
News

Forbes Lists Gabe Newell As A Name You Should Know

Being video gamers, you likely are familiar with the Valve co-founder and president. But Forbes, business list-maker extraordinaire, has taken notice and looks to feature Gabe Newell in a December magazine roundup of influential people and concepts.


October 7, 2010
News

Should The 360 Form Its Own Corporation?

Goldman Sachs’ analysts punked Microsoft’s stock rating and archly suggested that the company spin off the Xbox 360 division, saying such a sale could unlock hidden value within the unit and free it from the company’s more sluggish performance.


February 25, 2010
News

What Your $US60 Really Buys

Seven dollars of a $US60 video game purchase covers expenses for games never even sold. That’s according to a breakdown of retail game cost by an on-demand games service.


February 12, 2010
News

Back Pay Is Hell: Viacom Wants Refund From Harmonix

I’m just a simple caveman lawyer, and your world of finance frightens and confuses me. However, it sounds like Viacom wants a refund on a substantial bonus it paid to Harmonix’s founders.


February 10, 2010
News

Electronic Arts Scaling Back Third Party Distribution Plans

Top-flight titles like Rock Band and Left 4 Dead are distributed by Electronic Arts but the association doesn’t mean as much to the company’s bottom line. The publisher will be moving away from distributing third-party titles in the coming year.


September 16, 2009
News

Atari Gets A New Money Man

Atari found its new chief financial officer from TheLadders.com. Not that they went literally advertising on the service, which promises careers paying more than $US100,000 annually. They got the guy who was its veep for finance.