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businessGameStop Reconfirms Itself as a Used Game StoreFor years now, the main growth area for GameStop has been used games, and its financials last week once again confirm that. more...
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44 points
Sony Making PlayStation 3 Development More AccessibleMost gamers who don’t already own a PlayStation 3 have been avoiding the purchase because they believe the console is just too expensive, or because they feel the PlayStation 3 doesn’t have enough games yet to be worth the investment. Last week, Sony made a few changes to make it easier for game developers to create for the PlayStation 3. more...
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Atari’s CEO Departs and Company Starts Restructuring EffortAtari's restructuring is speeding up. Atari began its radical restructuring effort on October 5 when Atari’s French parent Infogrames demanded that Atari remove five members from its Board of Directors and appoint a Chief Restructuring Officer. more...
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95 points
Google Launching In-Game Ads Service
Last updated on November 10, 2007 - 17:38.
Google is said to launch a game-focused advertising initiative later this month, to test the terrain for in-game ads. As part of this test, Google is going to embed 15-second, “video-type” pre-roll and mid-roll ads in some of Bunchball’s casual games. Bunchball in recent months has started offering casual games as Facebook apps. more...
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Last updated on November 10, 2007 - 17:38
42 points
Electronic Arts Confirms Big CutsIn a filing with the U.S. Securities and Exchange Commission, Electronic Arts stated that its Board of Directors approved its reorganization plan (to rearrange the business around four labels, as previously announced). The Board also approved major cuts in terms of jobs and facilities. more...
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91 points
Casual Games Worth Billions and GrowingThe Casual Games Association (the CGA) recently completed its 2007 report on the casual games industry. If you own an Xbox 360 or PlayStation 3, you may not be a typical casual gamer, but casual gamers are becoming increasingly important to the game industry. more...
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61 points
Sony Loses Billions of Yen on PlayStation 3 PricingYesterday, Sony released the results of its second financial quarter, ended September 30, 2007. During that three month period, Sony spent colossal amounts of money to sell PlayStation 3 units below cost. more...
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ZeniMax Media Gets $300 Million for Future GrowthIn an announcement sent by e-mail this morning, ZeniMax Media announced that it has completed a deal with Providence Equity Partners that brings in $300 million for the company that is the parent of Bethesda Softworks (responsible for games like The Elder Scrolls IV: Oblivion). more...
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68 points
THQ Delays Games, Expresses Financial Disappointment
Last updated on October 22, 2007 - 23:50.
When a company has bad news, that company will often try to group all the bad news it can find into one announcement so that it has less of an impact on the financial markets. So, when THQ announced today that it expects to have a poor second financial quarter (ended September 30, 2007), it also announced that several of its games will be delayed well into 2008. more...
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Last updated on October 22, 2007 - 23:50
54 points
Atari Quickly Rebuilds Board With an Eye Toward RestructuringOn October 5, Infogrames (Atari's French parent) demanded that Atari remove five members of its board, appoint new members and name a chief restructuring officer. Today, Atari named four new board members and a CRO. But not all shareholders are pleased. more...
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73 points
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