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more about #business SideshowCrono: This fits nicely John Riccittiello's, CEO of EA, comments earlier December when he predicted online sales surpassing physical sales next year for Elec... more » Bouchart: I misread that title. more » Karlott: Mr. Zelnick is coming over to kick your ass personally. more » SaanZ: This guy's a freaking corporate raider, and scumbag of one on top of it. He files a couple suits a month against companies trying to get them to sell more » Twik63: Also considering the market is basically dictated by how people "interpret" the market and not how its actually doing i've given up on looking to invest. more » tomsamson: That´s why i think in the video game industry its not such a great idea to turn your company into a publicly traded one. Everyone consider twice if y... more » Bouchart: Dude has a majorly wrinkled forehead. more » Danza: If they sell out to EA, I am done with gaming. Activision, too. I'm not kidding. I will just stop consuming games and play Valve games forver. Hold t... more » deanbmmv: Take-Two is only worth $700million? Surely GTA franchise alone is worth a fair amount? (or am I just showing a slight bit of ignorance on how shares ... more » Jezuz: THQ/2K merger would be ideal. Think Grand Theft Auto using the new GeoMod used in Red Faction: Guerilla. Or some of the BioShock guys working on some ... more » play_eminence: Please, DON´T get bought! I don´t want to see Bully 2 get canceled over some parent company doubting the financial success! And, of course, I don´t... more » -Skyline-:Offering FREE Grunt Birthday Parties!: And to think people went crazzzzzy when EA wanted to buy out 2K. Guess what, that was at the peak of BOTH companies stocks. If EA intends to take on... more » kerihobo: luckily the ps3 isnt their only source of income. dont forget awesome tvs, laptops, cameras, stereos, and stuff... so they can afford this sort of los... more » Kakarote26: This is always how it goes. Console manufactures lose money on consoles to beef up their install base so they can charge license fee's for third party... more » 0xC001D00D: still loosing money on a console that has 256mb of ram? uhm... at least ps3 is surely a more quality product than xbox 360 (it's not a flamebait, i o... more » brass2themax: Well, Sony might be losing money on the console, but seeing how much money it takes to manufacturer each unit tells me that it's a *quality* system. O... more » Xenigma: Damn, so still pretty much no chance of BC being reintroduced. Personally, I'd pay extra for it on a Slim to compensate for the cost, but I don't see... more » pekosROB: did I overlook it, or did iSuppli not have the Wi-fi adapter listed? Or is it built-in to some other hardware and called something else? more » Ryan Rihan: Sony did a great job building the PS3 to be this amazing all-in-one mega center, but they should have realized that their initial asking price of $600... more » Paul_Is_Drunk: What about the stores' profit? I can't imagine their stocking PS3s because they like the brand. Sony is probably losing more than $37 per console. more » -
#business
Take-Two Sells Off Jack Of All Games, Goes All In On Publishing
What would make Grand Theft Auto publisher Take-Two Interactive revise its yearly earnings downward by an impressive $290 million for the year, just four days after previous guidance? The selling of its distribution business, Jack of All Games. More » -
#finance
Investor's Big Stake in Take-Two Reignites Buyout Chatter
The notorious investor Carl Icahn disclosed late this week he owns more than 11 percent of Take-Two's shares, a stake large enough to restart talk that the publisher faces a buyout. More » -
#sony
Report: Sony Still Losing Money On Every PS3 Sold
One of the main reasons Sony ditched the "George Foreman" build of the PS3 and went with the new "Slim" was to cut back on manufacturing costs. Try and get back into the black. But they're not quite there. More » -
#ea
EA Sports: One Billion Games Played
EA as a whole may have been having a rough time of it lately, but EA Sports are doing just fine, as evidenced by the number of online matches the brand has played host to in 2009. More » -
#capcom
"Cultural Differences" Mean Capcom Developer And West Can't Collaborate
Capcom have been big on Western collaborations lately. Two Bionic Commando games, Dark Void, Dead Rising 2, all have been handled by Western teams. But not everybody at Capcom's Japanese HQ is as keen as management to "go west". More » -
#squareenix
Square Enix President Calls "Western Game" Label "Terribly Discriminatory"
Gotta give Square Enix credit. For an enormous (and still conservative) company, it sure is trying hard to expand its horizons. Just listen to company boss Yoichi Wada talk. More » -
#delayofgame
Take-Two Delays Max Payne 3 Again, Blames Baseball For Bad Quarter
Originally planned to hit this "winter" then moved to the first half of next year, Rockstar Games' third Max Payne title won't hit until August 2010 at the earliest, publisher Take-Two Interactive announced today. More » -
#ea
EA Might Release Even Fewer Games
When Electronic Arts sacked 1500 employees recently, it also binned a number of titles in production at the studio. Not that they're done trimming the number of games the company releases. More » -
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#wii
Report: Nintendo Scaling Back Wii Production
According to a report from Nikkei, Nintendo has begun the process of reducing the number of Wiis being manufactured. More » -
#imperialhot
Square Enix Anticipating The Death of Consoles
Square Enix may be notorious for looking back when developing games, but when it comes to the strategy of big business, they're looking as far forward as the human eye can see. More » -
#disturbanceintheworkforce
Square Enix Cuts European Jobs
'Tis the season to be...unemployed, sadly, with Square Enix announcing today that job cuts are on the way for the company's London studio. More » -
#business
Nintendo's Denise Kaigler Has Left The Building
Nintendo's vice president of corporate affairs, Denise Kaigler, has announced that she'll be leaving the company after less than two years in the position. More » -
#gameloft
Gameloft Cuts Android Efforts, Says It's Not Alone
The French mobile games developer Gameloft has scaled back its development on Google's Android platform, complaining that the Android application store is "not as neatly done" and offers little enticement to buy games offered there. More » -
#business
The Decline Of The Video Game Business, In Picture Form
For some reason, bad news is often made worse when delivered via picture. There's something about a steep decline on a chart that's worse than any collection of words a writer can manage. More » -
#activision
So, How Much Did Bobby Kotick Make From Modern Warfare 2?
We know Activision made a ton of money from the launch of Modern Warfare 2, but just how much did the company's much-loved boss, Robert Kotick, manage to score for himself? Here's a hint: loads. More » -
#business
Father Of PlayStation Makes New Company
Another new company. Back in January 2007, PlayStation father Ken Kutaragi spearheaded Bandai Namco/Sony start-up Cellius. Today, it was announced he's heading up another company. More » -
#rumor
Rumor: EA's Cuts Include C&C Team, Pandemic, Maxis & More
Electronic Arts announced yesterday it would be eliminating 1,500 jobs, cutting a dozen in-development games and closing "several facilities." According to multiple sources, those cutbacks include studios like Pandemic, Maxis and nearly the entire Command & Conquer team. More » -
#business
Global Game Sales Down 6%
While the worst of it seems to be behind us, 2009 will still be remembered as the year of the global economic crisis. And when people are in times of economic crisis, well, they buy less video games. More » -
#business
Konami Might Buy Music Label
Game maker Konami is currently in talks with JVC Kenwood over the sale of music subsidiary Victor Entertainment Inc., reports Japanese newspaper The Daily Yomiuri. More » -
#business
2010 Will Bring Us More Call Of Duty, More Guitar Hero
During an earnings Q&A earlier today, Activision spoke a little of their 2010 product line-up. A line-up that you may be stunned to hear includes new Call of Duty, Guitar Hero and Spider Man games. More »
