EIN Presswire: Video Games Featured Press Releases

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Fri, 03 Sep 2010 13:17:48 +0000

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PR courtesy of Online PR News: http://www.onlineprnews.com

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Holders Announce More Films

Mon, 02 Aug 2010 07:52:07 +0000

Mark Holder and Christine Holder of Zero Gravity have announced several more films that they will be producing. DEBT, written and to be directed by Kat Coiro will lens this fall in Louisiana. Holders have also developed PICKPOCKET by Ben Jacoby for director Duncan Ward (Boogie Woogie). In addition, they have developed TARGET by Allison White for director Prachya Pinkaew (Ong Bak). Lastly, Mark and Christine have optioned Ben Jacoby's Mad Max esque script RADER for production in 2011.

Nintendo Sees Red: $289 Million Loss in Q1

Thu, 29 Jul 2010 11:16:14 +0000

Slumping game sales, strong yen take their toll

July 29, 2010 -- It's been a while since Nintendo was in the red, but that's the color of the company's Q1 2010 financial results. Thanks to sluggish game sales and unfavorable exchange rates, Nintendo was hit with a $289 million net loss for the quarter ending June 30.

Nintendo owns the two best-selling video game devices on the market in the Nintendo DS and Wii, but the company has hit a dry spell in terms of software sales for those consoles. The company acknowledged that a lack of new titles has depressed revenue. Though sales in each region dropped compared to Q1 2009, the European region was especially hard hit as sales plunged 39%.

Although game demand is down, the weakness of the euro and dollar versus the yen did a number on Nintendo's bottom line as the company booked a foreign currency-related one-time loss of more than $811 million (70.5 billion yen).

On the bright side for Nintendo, the company's cash-cows Mario and Pokémon had a good quarters. Sales of Super Mario Galaxy 2 surpassed 4 million worldwide. The Wii Sports franchise continued to pay dividends with Wii Sports Resort selling 3 million units, and Wii Sports selling 2.7 million. In total, Nintendo has sold more than 66 million copies of Wii Sports and 19 million copies of Wii Sports Resort since their launches.

The only million-selling Nintendo DS title for the quarter was the latest entry into the Pokémon franchise, HeartGold/SoulSilver, which saw 1.69 million in sales.

Read more about Nintendo earnings at Video Games Industry Today:
Nintendo news - http://videogames.einnews.com/news/nintendo

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

GameStop Buys Free Game Service Kongregate

Wed, 28 Jul 2010 12:13:35 +0000

July 28, 2010 - - Video game retailer GameStop Corp. has acquired free-to-play gaming site Kongregate. The transaction is expected to close on or about Aug. 1, 2010, subject to customary closing conditions, with the company remaining under the leadership of its co-founders, Jim and Emily Greer.

Kongregate attracts more than 10 million gamers a month who spend 23 million hours playing the free Flash and web-based games the site offers. The company will operate as a wholly-owned subsidiary of GameStop and maintain its current offices in San Francisco.

J. Paul Raines, Chief Executive Officer of GameStop, said, "Kongregate advances GameStop's digital strategy by providing a gaming platform for casual, mobile and browser games that can be promoted and played by our existing gamers. We welcome the Kongregate team to the GameStop family."

Jim Greer said his company has "given more than 8,500 game developers the tools to make their games social, reach a huge audience and make money from over 30,000 innovative games."

For more, visit Video Games Industry Today:
GameStop news - http://videogames.einnews.com/news/gamestop-games

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

EA Sports Reveals Madden NFL 11 Soundtrack

Tue, 27 Jul 2010 08:49:28 +0000

Stadium classics, classic rock focus of this year's video game soundtrack

July 27, 2010 -- Madden NFL 11 is taking a step back in time with its football soundtrack, focusing more on "crowd favorites" and "stadium classics" as opposed to introducing new musical talent to the legion of Madden fanatics.

"The term 'Madden Music' has come to mean music that matches the intensity of the video game," says said Steve Schnur, Worldwide Executive of Music and Marketing for EA. "This year, we wanted the music to not only define the game, but also the stadium experience. These are the classics that consistently bring NFL crowds to their feet. It's an exciting new audio direction for Madden NFL, one that we know all fans will respond to."

After more than 10 years of showcasing new talent like Franz Ferdinand, Bullet For My Valentine, B.o.B., Good Charlotte and OK GO, Madden NFL 11 is forsaking youth for the music that's been playing on the radio for the good part of a generation. Going for stadium authenticity, the Madden NFL 11 soundtrack features classics by AC/DC, KISS, Ozzy Osbourne and Guns N' Roses.

While crushing their opponents, gamers can soak in original recordings of AC/DC's "Thunderstruck," Guns N' Roses' "Welcome to the Jungle", Kiss' "Rock and Roll All Nite" and Ozzy Osbourne's "Crazy Train" in addition to covers of "Rock N Roll Part 2" and "We Will Rock You."

In addition to classic rock, the game also features the official team fight songs of the Green Bay Packers, Washington Redskins, Minnesota Vikings, Miami Dolphins and more.

For more on Madden, visit Video Games Industry Today:
Madden NFL news - http://videogames.einnews.com/news/madden-nfl

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Fallout 3, Elder Scrolls Added to Impulse

Tue, 27 Jul 2010 08:31:10 +0000

Bethesda Softworks titles added to Stardock's digital distribution platform

July 27, 2010 -- Impulse, the PC video game digital distribution platform from Stardock, has announced that publisher Bethesda Softworks has made its games available on the service. The Bethesda game catalog, which includes Fallout 3 and Elder Scrolls IV: Oblivion, are now available at impulsedriven.com.

Impulse allows users to purchase, immediately download, and install a game through the Impulse client which seamlessly manages updates and provides community features.

The Impulse client also features ImpulseTV which allows fans to watch videos and commentary from the seasoned Impulse publishing staff and more. As games are purchased through Impulse they become part of the user account. If a user purchases a new machine, they can simply re-download the Impulse client along with all of their previous purchases.

For more, visit Video Games Industry Today:
Stardock news - http://videogames.einnews.com/news/stardock
Bethesda Softworks news - http://videogames.einnews.com/news/bethesda-softworks

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Sony to License PlayStation Brand

Tue, 27 Jul 2010 08:19:01 +0000

July 27, 2010 -- Branching out from video games, Sony Computer Entertainment is making a push to plaster the PlayStation logo everywhere. The company has announced a new PlayStation "Logo Licensing Program" with which it will extend the PlayStation brand to apparel and everyday items.

With this Official Licensing Program, licensees will be able to design their product using the PlayStation logos. The program is applicable to a variety of lifestyle products such as apparel, accessories, house wares and more, with Sony providing an "Official Licensed Product" logo for the product.

According to Sony, third-party companies will enrich the company's licensed product line-up and deliver various quality lifestyle products that will make the PlayStation brand more accessible than ever.

For more on PlayStation, visit Video Games Industry Today:
PlayStation news - http://videogames.einnews.com/news/playstation

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

China Online Game Developer Buys into Movie, Television Business

Mon, 26 Jul 2010 10:21:25 +0000

Perfect World takes controlling stake in Xinbaoyuan and Baohong

July 26, 2010 -- Chinese MMORPG giant Perfect World Co. Ltd. has announced that its Beijing Perfect World Cultural Communication Co. Ltd. has agreed to buy a majority stake in both Beijing Xinbaoyuan Movie & TV Investment Co. Ltd. and Shanghai Baohong Entertainment and Media Co. Ltd.

Xinbaoyuan and Baohong are both engaged in the film and television program production and distribution business. Xinbaoyuan also has operations in the entertainment agency business and currently represents more than 20 celebrities.

Michael Chi, Chairman and CEO of Perfect World said, "We continue to see a lot of potential in the television and movie industry in China, and believe that our involvement in the broader entertainment industry will be beneficial to our core business. We believe the expertise, creativity and innovation, and strong reputation of both companies in the film and television industry will bring new, future growth opportunities to our company, while creating synergies with our core gaming business primarily through content generation and co-promotion."

Perfect World Co. Ltd. has created such MMORPGs as "Perfect World," "Legend of Martial Arts," and "Perfect World II," which are popular in China and have been licensed to companies in Asia, Europe and South America.

For more, visit Video Games Industry Today:
China Online Games news - http://videogames.einnews.com/news/online-games/china
Online Games news - http://videogames.einnews.com/news/games-online

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Toy Story 3 Takes Top Spot on UK Video Game Chart

Mon, 26 Jul 2010 10:01:20 +0000

Last week's No. 1 Crackdown 2 slips to 10th

July 26, 2010 -- The multiplatform Disney adventure Toy Story 3 took the top spot for all formats on Chart Track's UK video game chart for the week ending July 24. The title jumped from fifth place last week.

Rockstar Games' Red Dead Redemption continued its strong sales, moving back up to No. 2 on the chart, followed by Dance on Broadway, LEGO Harry Potter: Years 1-4 and Tiger Woods PGA Tour 11.

Crackdown 2, the Xbox 360 exclusive that had taken first the past two weeks, fell to No. 10. Dragon Quest IX from Square Enix debuted at No. 9.

Read more on the top games this week at Video Games Industry Today:
Video game sales news - http://videogames.einnews.com/news/video-game-sales
Red Dead Redemption news - http://videogames.einnews.com/news/red-dead-redemption

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

PC Video Game Sales Moving Online

Fri, 23 Jul 2010 09:24:38 +0000

Digital downloads nearly equal to retail sales in units sold in 2009

July 23, 2010 -- The NPD Group reports that US consumers downloaded full versions of 21.3 million PC games in 2009. That number was slightly below the 23.5 million physical versions of PC games purchased through retail channels.

Although these game downloads accounted for almost half of the units sold, the downloaded versions of the games made up only 36% of revenue from PC game sales.

According to NPD Group, the casual games download market was lead by bigfishgames.com, followed by pogo.com, gamehouse.com and iwin.com. However, this market's share is being impacted by the rise in free social network gaming and free mobile gaming. Also, 97% of the people who downloaded a game app downloaded a free version of a game prior to purchase.

Read more video game research news at Video Game Industry Today:
NPD Group news - http://videogames.einnews.com/news/npd-group
Video Game Sales news - http://videogames.einnews.com/news/video-game-sales

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Xbox Enjoys Strong Q4

Fri, 23 Jul 2010 08:59:56 +0000

Xbox Live, hardware sales spur growth in Xbox unit

July 23, 2010 -- Once the main driver of loss in Microsoft's Entertainment and Devices Division (EDD), the sustained popularity of Xbox 360 is leading the unit to profitability.

Microsoft said that for Q4, ending June 30, the EDD experienced a slight loss of $172 million on $1.6 billion in sales. The loss is an increase of 22% over Q4 2009, but the sales revenue is up 27%. For the year, Microsoft reported that the division's net income skyrocketed 529% to $679 million.

In Q4 alone, Microsoft shipped 1.5 million Xbox 360 consoles, up 25% from the year before. For the year, the company shipped a total of 10.3 million consoles, slightly down from the previous year.

The increase in operating loses for the quarter was due to increased marketing, research and development, employee expenses, increased Xbox Live third-party royalties and the discontinuation of the Kin phone.

As a whole, Microsoft reported net income of $4.5 billion for the quarter.

Read more Xbox news at Video Games Industry Today:
Xbox 360 news - http://videogames.einnews.com/news/xbox-360
Xbox Live news - http://videogames.einnews.com/news/xbox-live-games

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Ubisoft Reports Final Q1 Sales Figures

Fri, 23 Jul 2010 08:21:06 +0000

Sales for period Apr. 1 to June 30, 2010 up 94% from Q1 2009

July 23, 2010 -- Video game publisher Ubisoft announced its final Q1 2010 sales figures, which totaled €161 million, nearly double the revenue from Q1 2009.

Ubisoft increased its Q1 2010 revenue 94% thanks to strong sales of Splinter Cell Conviction and solid sales of its back-catalog and casual titles as well as good sales of Just Dance, Assassin's Creed 2 and Avatar.

The company reported that in the first six months of 2010, it was the No. 4 independent publisher in the US with a 6% market share, a gain of 1.2% from the previous year. Ubisoft's share is even stronger in its home base of Europe as the company said it is the No. 2 independent publisher with 9.5% market share (and increase of 1.5%).

For more news on the French game publisher, visit Video Games Industry Today:
Ubisoft news - http://videogames.einnews.com/news/ubisoft

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Xbox 360 Kinect to Retail for $149, Microsoft Says

Wed, 21 Jul 2010 08:46:15 +0000

Motion-sensing peripheral bundled with 'Kinect Adventures'

July 21, 2010 -- Microsoft announced that its motion-sensing peripheral, Kinect, will sell for $149.99 this holiday season. The company will also sell an Xbox 360 bundle that includes an Xbox 360 4GB console, Kinect and Kinect Adventures for $299.99.

According to the company, more than 15 games will be available for Kinect this holiday, including the pack-in Kinect Adventures, a game of 20 "adventures" where players navigate rapids and duck and dodge through mountaintop obstacle courses -- all without the use of a controller. The Kinect sensor detects the player's movement.

Other games slated for release include "Kinectimals," "Kinect Sports," "Kinect Joy Ride" and MTV Games' and Harmonix's "Dance Central." In addition to games, Kinect lets users control their Xbox 360's functionality through voice commands and hand gestures. According to Microsoft, users can begin a movie by simply saying, "Xbox, play," or browse through a music list with the wave of a hand.

Stay updated on Kinect at Video Games Industry Today:
Xbox Kinect news - http://videogames.einnews.com/news/project-natal-games

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

NCAA Football 11 Takes Top Spot on Video Game Rental Chart

Wed, 21 Jul 2010 08:19:47 +0000

Gridiron action bests old-west 'Redemption'

July 21, 2010 -- College football fans made their mark on the weekly Blockbuster rental chart, making NCAA Football 11 the most-rented game for the week ending July 18, 2010. The EA Sports franchise took spots No. 1 and 3 on the weekly video game rental chart.

Last week's top dog, Crackdown 2, dropped to No. 4 with Red Dead Redemption holding steady at No. 2.

Seven of the top 10 titles were for Xbox 360, two for PlayStation 3 and one for Nintendo Wii. The entire top 10 game rentals is as follows:

1. NCAA Football 11 - X360
2. Red Dead Redemption - X360
3. NCAA Football 11 - PS3
4. Crackdown 2 - X360
5. Super Mario Galaxy 2 - Wii
6. Red Dead Redemption - PS3
7. UFC: Undisputed 2010 - X360
8. Battlefield: Bad Company 2 - X360
9. Tom Clancy's Splinter Cell: Conviction - X360
10. Transformers: War For Cybertron - X360

For more news on the newest video games, visit Video Games Industry Today:
Video Game Charts news - http://videogames.einnews.com/news/video-game-charts

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames

Connecticut Joins Supreme Court Video Game Lawsuit

Tue, 20 Jul 2010 08:30:25 +0000

State attorney general files brief in support of California

July 20, 2010 -- Connecticut has joined nine other states to support California in its Supreme Court challenge against the video game industry over the right to ban the sale of violent video games to children.

In his amicus brief for Schwarzenegger v. EMA (Entertainment Merchants Association), Connecticut Attorney General Richard Blumenthal wrote: "Parents deserve tools to protect children from games that showcase digital decapitation and rape."

"Certain games dangerously desensitize children with simulated homicide and hate crimes, turning graphic executions into entertainment. In the face of continued industry inaction -- enabling unattended children to buy such games -- states must preserve their critical right to protect children."

Connecticut does not have any legal restrictions on video games, but in joining California in the lawsuit, Connecticut is preserving its right to impose limits in the future.

"The video game industry should act responsibly -- play nice, not nasty -- and agree to sensible self-imposed restrictions that block children from buying the most violent games. I am calling on the video game industry to follow the leadership of the motion picture industry, which sensibly stops unattended children from viewing violent or graphic movies."

Keep up with this legal challenge at Video Games Industry Today:
Entertainment Merchants Association news - http://videogames.einnews.com/news/ema-games
Schwarzenegger v. EMA news - http://videogames.einnews.com/news/schwarzenegger-vs-ema

Located at http://videogames.einnews.com, Video Games Industry Today is a video game news monitoring service from EIN News. Follow us on Twitter @einvideogames