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News (Page 3881)

News

Videogames market to be worth $35.8 billion by 2007

A new study by market analysts PricewaterhouseCoopers has forecast that the videogames industry will grow in net worth to $35.8 billion by 2007, fuelled by major advances in online gaming thanks to broadband, and in wireless gaming thanks to new mobile ph
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N-Gage boss slams GBA, reveals business model details

Nokia's head of entertainment and media, Ilkka Raiskinen, has attacked Nintendo's GBA in today's Dow Jones, accusing the system of failing to appeal to adult demographics, and has revealed some details of the development business model for N-Gage.
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Slight pricedrop for Cube in Canada

Nintendo has knocked CA$30 (about €18) off the price of the GameCube in Canada, bringing it down to CA$199.99 (€125) in a move which has prompted speculation that the USA will also shortly see a price adjustment.
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Titus renegotiates debts, but cashflow problems loom

French publisher Titus Interactive has successfully renegotiated a significant part of its outstanding debts, convincing bondholders to accept extensions of the expiry dates of their bonds by well over a decade to 2020.
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<i>gi</i>'s Summer Report on UK software sales

As we enter the slow summer months, <i>gi.biz</i>'s resident stat-freak Kristan Reed looks back over the year to date and finds out which games and platforms have been the real winners and losers of 2003 in the UK charts.
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ECTS 2003 brings back the big names

This year's ECTS, which runs once again at Earls Court from the 27th to the 29th of August, is promising to build on last year's improvements to the format - with many major publishers back on the show floor.
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GBA SP tops a million in the USA

Nintendo's redesigned handheld console, the GBA SP, has sold through some 1.1 million units in the USA in the ten weeks since it was launched - which means it's been selling ten units a minute non-stop, fact fans.
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UK Charts: A month at the top for Enter the Matrix

Atari's film tie-in Enter The Matrix is on top of the UK all-formats chart for a fourth week, thanks to strong performance on PS2 and Xbox - but elsewhere the market is largely stagnant once again, with no major new releases.
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"Mixed messages" over Half-Life 2 on Xbox

Comments made by Microsoft's David Hufford in an interview with American City Business Journals have cast doubts over whether Valve's Half-Life 2 will appear on Xbox after all, despite assurances last month that a version for the console is in development
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SCi reports record turnover for first half

UK-based publisher SCi has announced its results for the first half of fiscal 2003, revealing record turnover of £7.3 million and significantly lower than expected losses - with a strong development schedule pointing to further growth.
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Sony confirms RAM supplier for PS3

Another part of the PlayStation 3 jigsaw puzzle slotted into place today, as Sony announced a partnership with Elpida Memory to supply the Rambus-based memory technology for the console.
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Nintendo cracks down on importers

Cease and desist orders have been issued to a number of independent retailers by Nintendo this week, demanding that they stop selling imported Nintendo titles and supply details of their suppliers.
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Microsoft pledges to cut Xbox production costs

In a lengthy internal email, Microsoft chief executive Steve Ballmer has commented that the company has "aggressive plans" to reduce the cost of goods sold in its Xbox division as part of a broad cost management exercise.
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Sony confirms repeat performance for PlayStation Experience

A consumer event showcasing forthcoming PlayStation titles will once again run alongside ECTS in London's Earls Court this year, with Sony promising that the event - which runs from August 28 to 31 - will be twice as large as last years.
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Real Time Worlds hints at the future

The all-star cast of industry veterans behind new development studio Real Time Worlds have formally announced their new venture, and dropped broad hints about the nature of the next game from GTA creator Dave Jones in the process.
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Sun launches major initiative with Game Technologies Group

The company behind the Java platform, Sun Microsystems, has announced plans to focus on the networked gaming sector - with the launch of a new Game Technologies Group within the company, headed up by Chris Melissinos as Chieft Gaming Officer.
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Nintendo's Spaceworld on hiatus - again

Reports in the Japanese press are indicating Nintendo has opted not to hold a Spaceworld showcase event this year - making this the second year running that the event, previously an annual occurance, has been shelved.
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<i>gi.biz</i> launches new industry services

It's the first anniversary of the launch of GamesIndustry.biz - and the world's number one trade news source is celebrating its birthday with the launch of two key new services for the interactive entertainment industry.
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Atari confirms two new Matrix titles

A spokesman for Atari UK has denied that the company will release a new Matrix game to tie in with the launch of the third movie this Christmas, but stated that Shiny will develop new games based on the franchise for release at Christmas 2004 and in 2006.
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US court rules against restrictions on violent games

The IDSA is celebrating a ruling by a federal appeals court in the USA which has overturned a Missouri law restricting the sale of violent games to minors, claiming that it is a key victory in its ongoing fight against censorship legislation.