Filed under: GAMING | Tags: Company, Developers and Publishers, Electronic Arts, Games, London, Playfish, Video game, Wall Street Journal
Electronic Arts announced that it plans to acquire the assets of Playfish, a London-based developer of online social games, for at least $275 million. Meanwhile, the company said it will cut 17% of its workforce — about 1,500 jobs — and close several facilities in hopes of saving about $100 million annually. The Wall Street Journal (11/9) , Reuters (11/9)

Filed under: GAMING
A battle against Russian nationalists may give Activision Blizzard Inc. the biggest entertainment release of the year, said Chief Executive Officer Bobby Kotick. Sales of Activision’s “Call of Duty: Modern Warfare 2,” to be released on Nov. 10, could surpass the top films of 2009, Kotick said. Some analysts have predicted the game may break the all-time video-game sales record set last year by Take-Two Interactive Software Inc.’s “Grand Theft Auto 4.” (Bloomberg11/5)
Filed under: GAMING | Tags: Microsoft, Nintendo, Nintendo Wii, Playstation 3, Sony, Video game, Wii, Xbox 360
While the Nintendo Wii continues to have a stranglehold on console sales, both worldwide and in the United States, the Xbox 360 and PS3 are battling it out for the the second place position for year-to-date sales. Just a little over two months ago Sony announced that they would be slashing the price of their game console, the PS3, to $299. Microsoft quickly followed suit, and in just ten days dropped the price of their most expensive console, the Xbox 360 Elite, to $299. Nintendo, who has sold nearly double the number of consoles worldwide as these two, decided to lower the price of the Wii on September 27th to $199: this was the first time since its inception that the Wii has had a price cut. All three console manufacturers hoped that the decrease in price would help them to increase sales and finish the year on a strong note. (Crunchgear11/4)
Filed under: GAMING | Tags: DFC Intelligence, iPhone, iPod Touch, New Super Mario Bros, Nintendo, Video game, Wall Street Journal, Wii
Nintendo on Nov. 15 is scheduled to launch its latest game for the Wii console, “New Super Mario Bros.” The Japanese company needs a big hit: The heady days when the Wii was a must-have entertainment platform have, at least for now, faded, and sales and profit have gone south in the first half of the year. BusinessWeek(11/1) , The Wall Street Journal (10/30)
Revenue from video games designed for the iPhone and iPod Touch will spike from $46 million last year to more than $2.8 billion by 2014, according to a new study from researcher DFC Intelligence. The report went on to say that the overall market for games will rise just 8%, from $10.9 billion last year to $11.7 billion in 2014. The Wall Street Journal/Digits (10/30)



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