Microsoft Acquires Gears of War IP

JAN. 28, 2014 • Epic Games’ Gears of War franchise has been acquired by Microsoft Studios. Financial terms were not disclosed but the deal secures the IP for Microsoft including rights to all existing and future games, entertainment experiences and merchandise. Vancouver, BC-based Black Tusk Studios will now be responsible for development of Gears of War product moving forward. In addition, Epic’s former Gears of War director of production Rod Fergus.....

AMD Profits on Consoles

JAN. 22, 2014 • With more than 7 million PlayStation 4s and Xbox Ones sold in 2013 one of the biggest benefactors is Advanced Micro Devices (AMD). The system-on-a-chip (SoC) processors that are powering both of the new consoles are produced by AMD. For the fourth quarter ending December 31, the company’s Graphics and Visual segment that produces specialized console chips and graphics card products saw revenue grow 29% to $858 million compared to the third .....

Nintendo Downgraded Forecast

JAN. 17, 2014 • Despite strong indications otherwise during the months leading into Christmas, Nintendo Co. Ltd. has steadfastly held to its 9 million Wii U unit sales projections for the fiscal year ending March 31. After digesting holiday sales data the Nintendo downgraded forecast for Wii U sales to 2.8 million for the fiscal year. “As year-end sales constitute an extremely high proportion of the annual sales volume in the video game industry and the an.....

Toshiba HDTVs Get Game Streaming

JAN. 13, 2014 • Later this quarter Toshiba America Information Systems, Inc. will include the GameNow streaming service in its latest slate of Toshiba HDTVs. The models supporting GameNow include the L7400U, L5400U and the L3400U. The announcement came during the Consumer Electronics Show (CES) in Las Vegas. GameNow is operated by Ubitus Inc. in Taiwan. The company was started in 2007 and launched its first cloud gaming service in Japan during the fall of 2011. .....
PlayStation 4 and Xbox One Exceed Launch Unit Sales Expectations

PlayStation 4 and Xbox One Exceed Launch Unit Sales Expectations

JAN. 7, 2014 • Both the PlayStation 4 and the Xbox One achieved better than expected launch unit sales through the end of 2013. Using the industry focus on the Consumer Electronics Show (CES) in Las Vegas, Sony Computer Ent. president and group chief executive Andrew House disclosed that 4.2 million PlayStation 4s had been sold through at retail world between November 15 and December 28. The day be.....

PlayStation 4 India Launch Set

DEC. 19, 2013 • The next market to get a PlayStation 4 launch will be India on Jan. 6. Sony Computer Entertainment’s new console will retail there for Rs 39,990 ($640). The 12GB PlayStation 3 sells in India for Rs 17,000 ($272), and the 500GB model at Rs 22,990 ($368). The optional PlayStation Eye will sell for Rs 4,990 ($80). First-party PlayStation 4 titles are priced at Rs 3,999 ($64). Sony will launch the console in India with a line-up of 22 first- an.....

Strong November Video Game Hardware and Software Sales

DEC. 13, 2013 • With two new console introductions driving consumer demand the month of November turned out to be a robust month for U.S. video game hardware and software sales. Some of that was no surprise as it was already disclosed that PlayStation 4 and the Xbox One had already crossed sales of more than 2 million units each globally. What was something different is that Nintendo o.....

End of content

End of content