Following yesterday's rumor of a THQ takeover by EA came another, this time stating that Microsoft is eyeing EA.
Citing information from traders, a Reuters report said there was "unsubstantiated talk" that Microsoft (MSFT) is interested in buying the publisher of the Madden, Medal of Honor and FIFA series.
However, Microsoft spokesman David Dennis has already dispelled the...
The worldwide leader in family entertainment is about to get a great deal more entertaining, as the Walt Disney Company agrees to acquire iconic comic book company Marvel Entertainment for $4 billion.
More than 5,000 iconic comic book characters will soon be in the hands of Disney, raising serious questions about the future of Marvel video game titles from Activision, Sega,...
Howard Stringer, Chief Executive Officer of the Sony Corporation, just received a promotion. He is now going to be taking over as President of the main electronics business, as the former holder of that position, Ryoji Chubachi, will become Vice Chairman in charge of product safety, quality and environmental issues.
From Bloomberg: "The Japanese can't take decisive actions toward their comrades during...
So many developers are losing ground over the last year and it seems even extremely large ones like Eidos are not immune either, especially after recent losses.
At a recent investment conference Time Warner showed interest in the gaming market, as reported at Gamasutra. It is interesting to note that this could herald a bid by Time Warner for the failing Eidos Development...
Today Don Reisinger of CNET wrote an article detailing how Sony needs to cut the price of the PlayStation 3 console, but just can't do it.
Sony's apparently unwilling to admit it, but with all the financial trouble, Sony is trying to turn a profit and limit losses in order to ensure shareholders happy.
Thus, Sony is keeping is the prices high but its not selling as...
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced that it has established a new incentive compensation program for the Rockstar Games label that is primarily based on a profit sharing arrangement, and at the same time has entered into new long-term employment agreements with members of the creative team of its wholly-owned Rockstar Games publishing label.
A short time ago Sony Computer Entertainment executive Ray Maguire was major price cuts in response to a question about a PlayStation 3 price cut.
"Well the pressure comes from the consumers obviously and so therefore there's always pressure on price," admitted Maguire, "but you know we have a business to run, and we have to make sure we're doing the right thing for the shareholders as...
Sony's Ray Maguire has said that there will always be pressure for a price drop on the PS3 by consumers, however he added that Sony has a business to run and has to do the right thing for its shareholders.
In short, to reiterate what has been suspected for several weeks now it appears like we can forget a possiblt PlayStation 3 price cut for the holidays.
Back before Square Enix rescinded its friendly Tecmo takeover bid, we first broke the news that RPG maker was baffled. Tecmo rejected its offer in favor of merging with Dynasty Warriors company Koei. Most curious. Square Enix had three questions for Tecmo:
1. Please confirm that the decision on the start of discussions with KOEI toward integration of management is the...