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…
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…
Gamefly Triumphs in Postal Service Dispute
The U.S. Postal Service gave an unfair advantage to competitors like Netflix and Blockbuster Video, a regulatory board…
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…
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…
Should The Xbox 360 Form Its Own Corporation?
Goldman Sachs' analysts punked Microsoft's stock rating and archly suggested that the company spin off the Xbox 360…
What Your $60 Really Buys
Seven dollars of a $60 video game purchase covers expenses for games never even sold. That's according to a breakdown…
Report: Online Sales Help Push Games To $64 Billion By 2013
A report by a market analysis firm expects video game revenues to hit $64.9 billion by the end of 2013. That would be a…
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…
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…
Electronic Arts Looks South for New Development Center
Electronic Arts is taking a serious look at the land of grits and fatback for a development center that could employ up…
GameStop Stock Plunge Blamed on Walmart Price Slash
Walmart's move to cut prices on the Wii and two dozen of the year's top releases was enough to dent GameStop's stock…
Activision Exec: 'Expect' Additional, Paid Online Modes
Whoops. Kinda sorta missed this, another pearl of wisdom from this week's BMO Capital Markets forum. Activision's CFO…
EA Will Hire Back Some Positions It Cut
Also at today's Digital Entertainment Conference in New York, Electronic Arts' chief financial officer, Eric Brown,…
Eidos Buyout, Taito Severance Drains ¥5 Billion from Square-Enix
Square Enix amended its consolidated results forecast today, lowering its income projections for the fiscal year, which…
Guitar Hero's 'Couples' Cameo Profitable for Activision, Film
Ever met a Guitar Hero salesman? Me either. Vince Vaughn's character in "Couples Retreat" was made one, however,…
Tretton: What's Good for Sony is What's Good for Gaming
File this also under "What they say when we're not listening." Speaking to Forbes, the SCEA chief Jack Tretton answers…
Is GameStop a Best Buy for Best Buy?
Dow Jones cornered Best Buy's CFO at an investor conference and asked if he'd comment on speculation the retailer might…
Atari Gets a New Money Man
Atari found its new chief financial officer from TheLadders.com. Not that they went literally advertising on the…
The Economist Considers "Recession-Proof" Games
Yesterday we had a nice argument regarding Factor 5's shutdown and whether the bad economy was to blame. Now, The…