Another big video game publisher is prophesying huge profit losses for the fiscal year ending in March 2011, news that’s now on the same level as “the sun rose today.” This time, Square-Enix is in trouble. The company behind the Final Fantasy and Dragon Quest franchises projects a loss of ¥12 billion or $148.2 million USD for the previous fiscal year, a significant tumble from the fiscal year ending in March 2010. The worst of the 2008 recession...read more
Posts Tagged "Business"
The PlayStation Network is on the mend, and Sony has free games in store for users who have been burned by the month-long downtime and theft of personal info. Players are happy enough to get back to “work,” but studios that depend on the PSN for their daily bread aren’t about to be pacified by a pat on the back and a copy of LittleBigPlanet. For instance, games that were supposed to be released in the window of the PSN’s downtime tripped...read more
It’s strange to think that two video game franchises based on war are being maneuvered like actual soldiers by the companies that publish them. Activision and EA are circling each other, each one seeking to outdo the other’s war games. Their next big bout is already written in the stars: EA is counting on Battlefield 3 to out-do Activision’s gargantuan hit, Call of Duty: Black Ops, this fall. If Battlefield 3 does indeed fill Call of Duty with...read more
With the mobile game scene thriving, it’s not a surprise to learn that big publishers want to get serious about bringing the massively multiplayer online (MMO) experience from the PC to iOS devices like iPhones and iPads. Jeremy Gaffney, the CEO and executive producer of NCsoft West, has several notable MMOs under his belt, including City of Heroes and Dungeons & Dragons Online. He told GamesIndustry.Biz in an interview that the time is ripe for MMOs to...read more
On July 1, “Facebook Credits” will become the mandatory currency for microtransactions in Facebook games. Facebook obviously wants its game-crazy userbase to understand the new order of things, and it has begun spreading the word through in-game advertisements. Most of the Internet’s populace doesn’t grant a second look at online advertisements, as you can only be bombarded with so many offers for “a b1gger p3n15” so many times...read more