What’s happened in the business of video games this past week …
According to a report on Startup Grind, a site that normally deals with tech companies and their founders, publisher Electronic Arts will very soon lay off as many as 1000 employees.
What’s happened in the business of video games this past week …
What’s happened in the business of video games this past week …
Sega Sammy revealed that its expecting lower than predicted revenue, leading to some in-development games getting cancelled and a corporate reorganisation.
It hasn’t been downloaded nearly as much, but the $US80 million in revenues that Minecraft has delivered to Mojang compares well to the $US100 million its Scandinavian neighbours Rovio have pulled in from Angry Birds. And that figure looks to get larger once the game arrives on Xbox Live Arcade in May.
Barely three months after the company’s initial public offering are several Zynga insiders looking to get rich by selling off a hunk of their stock. That includes founder Mark Pincus, who will offer a wad of shares valued at more than $US200 million.
