Hot on the heels of the LucasArts tragedy is another big blow to the games industry; Sega Studios Australia is shutting down. One of the few big development studios left in Australia, Sega Studios Australia was previously known as Creative Assembly, and its portfolio included the London 2012 Olympics game,…
Read MoreThis morning brought some dramatic news: LucasArts game development is no more. With the entire George Lucas company owned by Disney, the decision was made to shut the game division down and move all Star Wars game development projects to a licensing model. Most of my morning has been spent…
Read MoreAustralian developers who are looking at implementing free-to-play games have a new fund to benefit from. Tapjoy, a company that specialises in implementing in-app purchasing to free-to-play titles has set up a fund whereby it will provide Aussie developers with additional financing to help that dream game become a reality.…
Read MoreFollowing yesterday’s revelation that Square Enix’s CEO is stepping down and the company is reporting very disappointing results comes the revelation that the critical darling, Tomb Raider, has crashed and burned as a commercial venture. The sales numbers look great, of course – Square Enix is expecting to sell 3.4…
Read MoreSquare Enix is about to announce some horror results, and the company’s CEO, Yoichi Wada, who has been in the role since Square merged with Enix in 2003, will be leaving his post. In a significant company resturcture that will cost it $105 million alone, Wada will be replaced by…
Read MoreThough not technically bankrupt, Arkedo, the team behind some great games including the Arkedo series on the PlayStation Network, no longer has any employees. The team will be producing no more games moving forwards, in other words. So that sequel to Hell Yeah! Wrath of the Dead Rabbit that we…
Read MoreI don’t think anyone who reads this site would not know that Sony has had a difficult couple of years from a financial perspective. The good news is that the turn around seems to be on track. The vendor posted a significant operating profit for its third quarter; 46.4 billion…
Read MoreAt a time where developers are being closed for just one failed game, and mid-tier publishers like THQ are shutting down for any number of economic reasons, one mid-to-large publisher, Tecmo Koei, is showing everyone how it’s done. For the December quarter (the three months ending in December 31, 2012),…
Read MoreEA can thank its most valuable franchise, FIFA soccer, as well as its mobile division for a very solid year, according to its recently announced financial results for the December quarter. To pull the important stats from the report (from Edge): – FIFA 13 sold over 12 million units, up…
Read MoreAccording to a news story over at Destructoid, Goichi Suda’s oddball development house, Grasshopper Manufacture, is merging with GungHo Online Entertainment, the organisation behind the popular Ragnarok series. On one level this is not something to worry about. GungHo Online Entertainment and Grasshopper Manufacture are both behind some incredible franchises,…
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