Archive (Page 4456)

Giant publisher Electronic Arts has announced its financial results for the first quarter of its financial year, revealing a massive 148 per cent leap in profits over last year and exceeding all analyst expectations.

Los Angeles based Conspiracy Entertainment has filed a lawsuit against rapper Eminem claiming that the entertainers management company is guilty of fraud and breach of contract over a potentially lucrative game licensing deal.

Speaking at a press conference in Tokyo, Sega president Hisao Oguchi has outlined his future ambitions for the company - including a target of doubling the company's global market share in the next five years.

Publisher Activision has announced its results for the first quarter of fiscal 2004, revealing a small profit which beat analyst forecasts of a break even quarter, but forecasts for the rest of the year are down.

The industry-wide probe of videogames companies by the Securities and Exchange Commission is now known to extent to four publishers - but key analysts believe that the investigation will exonerate the industry's accounting practices.

The Interactive Digital Software Association, which represents game software publishers in the USA, has officially changed its name to the Entertainment Software Association (ESA), effective immediately.

Eidos' Tomb Raider: Angel of Darkness has dropped back into second place in the UK sales charts after only a two week stint at number one, while Sony's Eye Toy: Play has taken the top spot in its third week on sale.

As pre-orders for Nokia's N-Gage game deck open in the USA, the mobile phone giant has announced plans to bring the system on tour around 50 cities in Europe, kicking off on August 9.

The Securities and Exchange Commission in the United States has begun a probe into a number of accounting practices in the games industry, with Acclaim, Activision and THQ all confirming that they are under scrutiny.