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GameStop Reconfirms Itself as a Used Game Store

United States — 

For years now, the main growth area for GameStop has been used games, and its financials last week once again confirm that. more...

Sony Making PlayStation 3 Development More Accessible

United States — 

Most 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...

Atari’s CEO Departs and Company Starts Restructuring Effort

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United States — 

Atari'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...

Google Launching In-Game Ads Service

Sweden — 

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...

Electronic Arts Confirms Big Cuts

United States — 

In 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...

Casual Games Worth Billions and Growing

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United States — 

The 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...

Sony Loses Billions of Yen on PlayStation 3 Pricing

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United States — 

Yesterday, 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...

ZeniMax Media Gets $300 Million for Future Growth

United States — 

In 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...

THQ Delays Games, Expresses Financial Disappointment

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United States — 

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...

Atari Quickly Rebuilds Board With an Eye Toward Restructuring

United States — 

On 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...