Despite the onslaught of desirable, highly anticipated titles, week after week this fall, GameStop’s sales are “lower than expected,” the dominant games retailer told investors, simply because there were too many good games out there for customers to buy, especially in a poor economy. More »
Sales for Ubisoft’s second quarter is expected to show a more than 50 percent drop from the same quarter last year, the publisher and developer announced today. More »
In these tough times, cash money reserves have dried up. It’s the same the world over, and the games industry is no different. Especially if you’re a start-up. More »
Developer Ascaron Entertainment has filed for bankruptcy protection in its home country, Germany.
Market researchers The NPD Group – yes, the sales charts guys – have found that when it comes to games, most Americans don’t give a damn about the recession.
Addressing concerns raised by Stargate television show producer Brad Wright, developer Cheyenne Mountain has issued a statement assuring everyone that development on Stargate Worlds is still underway.
The folks at Blockbuster would really appreciate it if you’d pay your overdue late fees, renters. The company has warned it has “substantial doubt” about its ability to continue as a going concern.
With Midway in the middle of troublesome bankruptcy proceedings and rumours of the Mortal Kombat dev team leaving, it’s a little surprising to learn that not one, but three companies are considering buying the company.
