What's happened in the business of video games this past week...

QUOTE | "These attacks will continue to happen." - Security expert and former hacker Gregory Evans makes his case for why PlayStation Network (as well as all of Sony and other companies) is still not secure.

QUOTE | "Sometimes it's emotional." - THQ CEO Brain Farrell admits that discussions with developers about intellectual property ownership (something THQ insists on) can be a difficult thing.

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QUOTE | "Watershed event for the industry." - OnLive CEO Steve Perlman's description for the cloud gaming service's full integration with Facebook.

STAT | 27% - The percentage of gamers that research firm Nielsen says already plan to buy the new Project Cafe Nintendo console within six months of release.

QUOTE | "Immersive, high quality Star Wars games." - LucasArts boss Paul Meegan on his company's renewed focus on leveraging one of the biggest brands in all of entertainment.

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QUOTE | "The price of 3DS is too high." - Panoptic Management Consultants analyst Asif Khan believes that Nintendo's price point on its new handheld is a major problem – something that many Japanese consumers seem to agree with.

STAT | 4 Million – The number of paying subscribers that EEDAR's Jesse Divnich estimates Activision's Call of Duty: Elite service can gain within its first year.

QUOTE | "We're talking about survival." - Silicon Knights boss Denis Dyack asserts that developers are being forced by used game sales to consider including multiplayer when they normally wouldn't.

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QUOTE | "Apple is out to eat your lunch." - Games media veteran Mark Friedler on what publishers need to be aware of as they head into E3 next week.

QUOTE | "Thanks for the assistance." - Activision Publishing CEO Eric Hirshberg is pleased that the rivalry with Electronic Arts means that EA is mentioning Call of Duty a lot in the press.

STAT | $3.6 million – The amount of new venture capital that Ultima creator Richard Garriott has just raised for his social gaming firm Portalarium.

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This Week In the Business courtesy of IndustryGamers.com


(Top photo: Shutterstock)