Zynga Folds Gambling Hand

JULY 29, 2013 • Fifteen days after Don Mattrick took over as chief executive at Zynga, the social games company cancelled its plans to enter the real money gambling business in the United States. During a financial conference call on July 26 COO David Ko maintained the decision was made prior to Mattrick arriving. Despite having gotten well along in applying for the necessary licenses to pursue on.....

Activision Buys Freedom From Vivendi

JULY 26, 2013 • With €13.2 billion ($17.5 billion) in debt on its books Vivendi SA has been contemplating ways to pull money out of its 61% stake in publisher Activision Blizzard. In a huge $8.17 billion deal orchestrated by Activision Blizzard chief executive Bobby Kotick, the publisher will buy out Vivendi’s controlling stake. The agreement is structured around a 429 million share purchase by Activision Blizzard for $5.83 billion, and an additional 172.....

GAME’s Xbox Concept Store

JULY 22, 2013 • At the end of June research firm GfK Chart-Track reported that the Xbox 360 had overtaken the Nintendo Wii as the United Kingdom’s best selling console at 8.4 million units. Now retailer GAME has opened an exclusive Xbox concept store in the Shoreditch district of London. The location is close to the area called Silicon Roundabout where many new digital creative businesses have set up shop. Both GAME and Microsoft describe the endeavor as a.....

Nintendo 3DS Leads U.S. Console Sales

JULY 19, 2013 • For the second month in a row the Nintendo 3DS was the top selling console in the U.S. According to the NPD Group, the handheld moved 225,000 units in the month of June. The Xbox 360 was second at 145,000 units. Much of the steam behind the 3DS’ showing came as a result of having three titles in the Top 10. Animal Crossing New Leaf moved 505,000 units, with 20% of the total sold through Nintendo’s online eShop. Also propelling the han.....

NCAA Cancels Electronic Arts Deal

JULY 19, 2013 • The National Collegiate Athletic Association (NCAA) has notified Electronic Arts that it will not renew their college football contract expiring in June 2014. As a result, EA Sports’ upcoming NCAA Football 14 will be the final installment in the series. The NCAA made the decision in reaction to ongoing litigation with former and current college football stars who want compensation for having their likenesses used in the video games – comp.....

Xbox Live Real Money Beta Worries

JULY 10, 2013 • Microsoft Corp.’s beta test in the United Kingdom of the new real money transaction system for Xbox Live is raising some consumer alarms. Users in the test are reporting that games converted from Microsoft Points to real money are costing more.  The point values are being converted into pounds in real time  however, the conversion ends up costing consumers more for the same points value than was charged previously. For example, a game tha.....

Don Mattrick Goes to Zynga

JULY 1, 2013 • After persistent rumors in recent months that Microsoft president of Interactive Entertainment Don Mattrick was destined to return in an executive capacity to Electronic Arts, the head of the Xbox business has instead taken over the chief executive’s office at Zynga from Mark Pincus. The Zynga founder will continue on as chairman of the company and chief product officer. Much as Peter Moore left Microsoft’s Xbox division soon after E3 .....

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