Posts Tagged business
News: 80 jobs under threat at GAME Group
Posted by Game Mania in gamesindustry on February 9, 2010
The GAME Group has said that it is further consolidating its Gamestation business, with the possible loss of over 80 jobs. Since acquiring Gamestation in 2007, GAME has gradually moved the team from York to Basingstoke in a bid to cut costs and unify the two teams last year senior Gamestation staff made the 240 mile trip, leaving just the warehouse and call centre operations in the North. “While our business has continued to outperform the videogames market, we are facing tougher market conditions entering 2010, and must make sure we operate as efficiently as possible while delivering the high standards of service our customers demand.” Read more…
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News: US videogame market down 8% in 2009
Posted by Game Mania in gamesindustry on January 15, 2010
The US videogame market was down 8 per cent on last year, despite a record December for sales, according to data released by the NPD Group. The industry generated $19.66 billion during the twelve months, down from the $21.4 billion in 2008. Every section of the business was down year-on-year, apart from the handheld hardware market which grew 6 per cent by revenue
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EA Planning New Development Centre
Posted by Game Mania in edge-online.com on December 21, 2009
Electronic Arts is reportedly planning to invest millions of dollars in a new development and support centre as it seeks to relocate work from high-cost areas like California. The publisher is eyeing possible locations in Atlanta, Louisiana and Florida for the new studio, company spokesperson Jeff Brown told the Atlanta Business Chronicle .
Read whole story on : edge-online.com
News: Casual games firm Oberon Media lays off 100 staff
Posted by Game Mania in gamesindustry on December 21, 2009
Multi-platform casual game developer Oberon Media has laid off 100 employees and COO Don Ryan has departed the company, according to reports. Ryan has apparently confirmed the report as well as his exit from Oberon in order to start up his own business in New York.
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Nexon America Hires New Business Development VP
Posted by Game Mania in edge-online.com on December 8, 2009
Free-to-play MMO firm Nexon America has announced Won Il Sue as vice-president of business development. He will be responsible for managing Nexon America’s strategic partnerships as well as expanding the company’s game development channels
Read whole story on : edge-online.com
News: Dyack: Developer layoffs and closures have been "staggering"
Posted by Game Mania in gamesindustry on November 27, 2009
Silicon Knights boss Denis Dyack has said that the sheer number of developers being laid off from both in-house and independent studios over the past 18 months has been staggering, and that his company is now only a handful of studios with more than a decade of experience in the business.
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News: New dates for Games Convention Online
Posted by Game Mania in gamesindustry on November 24, 2009
The organisers of Games Convention Online have confirmed the event’s dates for next year.
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Select GameStops in NY, OH and PA selling Modern Warfare 2 already
Posted by Game Mania in Joystiq on November 8, 2009
Poor, poor GameStop. As the gaming public’s anticipation for Call of Duty: Modern Warfare 2 approached critical mass, they faltered in their loyalty, and took their business to small “mom and pop” game retailers who had broken the game’s street date. Fortunately for the retail juggernaut, Activision showed compassion for its plight, and agreed to let certain GameStops in a few Northeast states start selling the game before Tuesday in order to help combat these vicious local businesses.
Read whole story on : Joystiq
Capcom Profits Jump 58.4 Per Cent In First Half
Posted by Game Mania in edge-online.com on October 30, 2009
Capcom has reported impressive year-on-year sales and profit growth for the first half of the business year ended September 30, 2009. Net sales increased 24.5 per cent to 38.9 billion yen ($426.5m/