Atari Divests Cryptic Studios

MAY 17, 2011 • In line with its previously stated strategy of fewer but more profitable releases, and further expansion into casual online and mobile games, Atari announced in financial disclosures that it has determined external development creates more flexibility in the changing marke.....

People’s Liberation Army in China has Mission of Honor

MAY 12, 2011 • The U.S. Army has it own promotion and training tool in America’s Army, now the People’s Liberation Army in China has Mission of Honor. The game was co-developed by the PLA’s Nanjing command, and the Wuxi Giant Interactive Group Inc. Gameplay is divided into three sections: basic training, individual missions and team combat. Impact: So far, most coverage of Mi.....

100 Million Android Devices Worldwide

MAY 11, 2011 • Google reported that there were now more than 100 million Android devices operating worldwide. What’s more, 400,000 new Android devices are registered every day. Impact: DFC Intelligence forecasts that the number of Andorid devices is expected to grow to over 500 million by 2016.  This will compare to an estimated 200 million users of the iOS.  Of course, in terms of app.....

GameFly Buys Direct2Drive

MAY 4, 2011 • Digital distributor Direct2Drive launched a fully localized portal in Germany. On May 26, Direct2Drive itself was acquired from IGN by video game rental service GameFly. Terms were not disclosed. IGN gains a minority equity stake in GameFly without actively pa.....

UGO Entertainment Acquired by News Corp.

MAY 1, 2011 • UGO Entertainment was acquired by News Corp. from Hearst Corp. The purchase is viewed as an opportunity to bolster the fortunes of News Corp.’s IGN portal prior to spinning game and entertainment destination off into a separate company. Hearst paid $100 million for UGO in 2007. News Corp. acquired IGN for $650 million two years earlier. Both IGN and UGO feature similar content, so the addition of UGO increases market share while eliminating a.....

Netflix Top Online Subscription Video Provider

APRIL 28, 2011 • Netflix is now the largest provider of online subscription video content in the U.S. Thanks to its increasingly popular video streaming service, Netflix saw its global subscriber base increase 70% to 23.6 million during the past year. In the process, Netflix jumped ahead of Comcast in the U.S. with more than 7% of Americans now subscribing to Netflix. Impact: Cable television .....

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