News Archive: Business

In this section you can look back on older stories that have appeared either recently as listed in order of most recent below, or using the calendar to navigate and look at certain dates.

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June 2008

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30th June, 2008

Industry revenue $57 billion in 2009, says DFC

Published at 04:43PM

Games business benefiting from recession, with PCs the top platform for games in 2007

Eidos drops internal consumer PR team

Published at 02:25PM

Consumer duties to be handled by external agency, marketing execs to co-ordinate some PR duties

Blizzard: Activision was our choice

Published at 02:00PM

Warcraft developer reveals that it was instrumental in the selection of partners for the Vivendi merger

Blizzard fans won't notice company merger - Morhaime

Published at 08:16AM

And the studio doesn't expect to lose Warcraft revenue to the recently announced Diablo III

27th June, 2008

No movie companies yet signed for PS3 download service

Published at 09:11AM

Apart from Sony Pictures, no official partnerships inked, says report

26th June, 2008

"Non-game content and services" to drive PlayStation growth

Published at 01:14PM

Connected products the focus for Sony to meet 2010 ambitions of being "the leading global provider of networked consumer electronics"

Hedge fund acquires 5.3% stake in Take-Two

Published at 12:31AM

SAC Capital has reported acquiring 4.1 million shares for investment purposes amidst EA's attempted acquisition

25th June, 2008

Capcom signs Unreal for Euro-developed title

Published at 09:57AM

Move follows adoption of Epic technology in Dark Void game

23rd June, 2008

Beatles reps in talks with Activision and MTV

Published at 09:08AM

Potential deal could be worth "several million dollars" according to sources

20th June, 2008

Babel announces new director of QA

Published at 12:14PM

Lewis Glover has joined the company to manage its MMO taskforce, folliwing stints at Jagex and Atari

18th June, 2008

Global games industry sales $68.3 billion by 2012, says report

Published at 10:48PM

A PwC report predicts 10.3% compound annual growth, with wireless games experiencing the fastest rate

17th June, 2008

EA re-extends offer; Take-Two still unimpressed

Published at 02:52PM

Publisher battle rolls on with no significant update in sight

13th June, 2008

Nintendo sues Nyko over Wii nunchuk controller

Published at 01:22AM

Nintendo alleges peripheral copies patented design and infringes upon trademark

12th June, 2008

Greenstreet Software goes into liquidation

Published at 01:44PM

Budget specialist goes bust, but CEO promises to reboot company in July

Spill group acquires Onrpg.com

Published at 10:46AM

Online MMO hub to become part of the company's growing number of game portals

Warner president appointed to SCi board

Published at 09:00AM

Kevin Tsujihara and investment representative Aaron Brown become non-executive directors

11th June, 2008

Activision Blizzard formation set for July 8

Published at 12:26PM

New super-publisher will be the world's most profitable videogames publisher, says Lazard Capital

Sharing ideas is vital for UK industry, says Livingstone

Published at 11:00AM

Eidos' creative director says the region needs the GameHorizon Conference to halt the decline of the videogames business

Turbine confirms work on console MMO

Published at 09:20AM

Developer plans to use $40m investment from Time Warner on the unnamed MMO

10th June, 2008

No future for PC-exclusive games, says Nvidia

Published at 12:46PM

Exec, Roy Taylor, believes there will be no more PC-only titles but is optimistic about the "exciting future" of co-existence

Activision Shareholders prepare to vote on Blizzard merger

Published at 10:14AM

Investors asked to vote on proposals to approve the transaction and related matters of the merger

9th June, 2008

Blu-ray adoption outpaces DVD

Published at 09:47AM

Singulus says Blu-ray tech orders have "far exceeded" those of the previous generation

Bach: "Windows Mobile will outsell the iPhone"

Published at 08:49AM

Robbie Bach says he expects to outsell Apple's phone, dismisses rumours of a Blu-ray update for next generation of Xbox

6th June, 2008

Don't count Sony out over the long haul, says analyst

Published at 05:00PM

Analyst Colin Sebastian says that the PS3 will benefit from an improving software line-up and more robust online services

Disney merges games and internet divisions

Published at 10:30AM

Games and online groups will merge into the Disney Interactive Media Group

5th June, 2008

"Great improvements" coming to PSN, says Insomniac Games boss

Published at 02:21PM

Ted Price commenting on the PlayStation Network during an interview, saying upgrades were in the works

Greenberg hints at Xbox Live revamp

Published at 12:25PM

Content needs reorganisation to cope with thousands of new items added since launch, says product management director.

A billion virtual world users in 10 years

Published at 12:21PM

Researchers predict a booming population worth $8 billion by 2018

4th June, 2008

Xbox 360 doesn't violate Alcatel patent, says jury

Published at 11:04PM

A federal jury has ruled in Microsoft's favour in the third of five patent infringement cases against it by Alcatel-Lucent

EA agrees to delay Take-Two acquisition pending FTC review

Published at 07:53PM

Electronic Arts has agreed to certain conditions before consummating its acquisition of Take-Two

IGA Worldwide to adopt TV-style ad business plan

Published at 04:29PM

The new deal with Sony will allow the in-game advertiser to sell space across a range of games at once

Sony and IGA to partner for in-game PS3 ads

Published at 11:54AM

IGA Worldwide is rumoured to be the first firm to get an agreement from Sony

Tecmo responds to Itagaki lawsuit

Published at 09:16AM

Tecmo strikes out against allegations made by its former creative officer, branding them the product of "distortions"