GameFly Digital Client Launches
Nov. 9, 2012 • Eleven months after the open beta inauguration of its PC digital content client, game rental retailer GameFly officially launched the service with a free download of 2K Games’ Bioshock. The company entered the digital distribution business in August of 2011 with the acquisition of the Direct2Drive service from IGN. Using the Direct2Drive platform as a foundation, GameFly was intent on creating an online portal where its subscribers can manag.....
Disney Acquires LucasFilm
OCT. 31, 2012 • The Walt Disney Company is purchasing LucasFilm Ltd., for $4.05 billion. The latter is wholly owned by chairman George Lucas, who will receive roughly $2 billion in cash, and the remainder in 40 million shares of Disney stock. Disney is acquring Lucas’ entire entertainment holdings, including the LucasArts video game division, and the Industrial Light & Magic special effects business. The sale will make Lucas the second-largest sharehol.....
Nintendo Wii Drops to $129.95
OCT. 15, 2012 • In anticipation of the Nov. 18 launch of the Wii U, Nintendo of America is reducing the price of the original Wii to $129.95 from $149.95. The new package should be shipped-in to retailers by Oct. 28, includes a black console, Wii Sports and Wii Sports Resort, a Wiimote Plus, and a Nunchuck controller. The package replaces the existing $149.95 bundle that included New Super Mario Bros.  Nintendo has made no similar price reduction announcement f.....
League of Legends MAU Reaches 32 Million
OCT. 12, 2012 • League of Legends has become the poster child for successful free-to-play games. According to Riot Games, the League of Legends MAU has reached 32 million active users a month, based on a total of 70 million registered accounts. Further, the game is attracting 12 million players a day, with an average of 3 million people competing against each other concurrently any hour of the day, with 1 billion-plus game hours played each month worldwide. Leag.....
84-Inch 4K Television Sets Arrive
OCT. 10, 2012 • The arrival of 3D did very little to drive high-definition television sales, but what turns out to be bringing consumers out to purchase a new set these days is screen size. The industry statistics that LG Electronics is sharing are that while the worldwide TV market saw a decrease of 6% last year, purchases of 55-inch and higher screens grew 56%. The reason LG is talking up that stat is that it is shipping its first 84-inch 4K ultra high definit.....
Nexon Acquires gloops
OCT. 1, 2012 • All outstanding shares of Japanese mobile developer gloops, Inc. were acquired by Nexon Co., Ltd. for ¥36.5 billion ($468 million) in cash. The developer is one of the major content providers for DeNA’s Mobage platform with titles such as Japan Pro Baseball Card Battle, Warriors of Odin and Three Kingdoms Guild Battle. The existing relationship between gloops and DeNA is bringing five titles to North America and Europe in 2012 through its Mobag.....
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