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Candy Crush Saga dev filing for IPO

By Andrew Yoon, Feb 18, 2014 8:30am PST

As expected, the studio behind Candy Crush Saga plans on going public. King Digital Entertainment has filed its initial IPO papers with the SEC and...

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"Sadly, the idiots will never feel shame for the billions they've handed to these jackasses..."

- kwperley see all 15 comments

Square Enix cites Final Fantasy 14 in profitable financial report

By Steve Watts, Feb 05, 2014 11:00am PST

Square Enix released its most recent earnings report today, and cited the relaunched Final Fantasy 14: A Realm Reborn among its reasons for turning a profit.

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"Good for them, they deserve it. I've never seen a company turn an MMO from such a giant pile of ..."

- zombie man see all 6 comments

Square Enix: poor Hitman and Tomb Raider sales reflect 'intrinsic problem' of industry

By Alice O'Connor, Sep 10, 2013 2:30pm PDT

Sales of Sleeping Dogs, Hitman Absolution and Tomb Raider fell short of Square Enix's expectations, sparking the publisher to launch a costly restructuring. The problem, Squeenix has said in its annual report, is "an intrinsic problem within the HD game business model." It's...

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"Tomb Raider & Hitman were fantastic games. The lack of PC Collector's Editions hurt sales a ..."

- darthfusion see all 50 comments

Anno dev Related Designs acquired by Ubisoft

By Alice O'Connor, Apr 11, 2013 11:05am PDT

Anno series and Might & Magic Heroes Online developer Related Designs has joined the Ubisoft family, with the publisher announcing today that it has acquired the German studio. Related will continue working on MMHO and will make more games with Ubi's Blue Byte studio, which ...

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"What is the major gripe behind Ubi aquiring Related Designs? Is there a benefit to the company ..."

- mastermike569 see all 15 comments

Square Enix banked on Tomb Raider, Hitman and Sleeping Dogs selling a third more

By Alice O'Connor, Apr 09, 2013 6:30am PDT

Square Enix blamed lower-than-predicted sales of Hitman: Absolution, Sleeping Dogs and Tomb Raider for unexpected losses in the last financial year as it launched a costly restructuring, yet it seemed the games weren't selling particularly poorly. So how high were Squeenix's...

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"Oh totally. At the very least Final Fantasy 14 ate a big hole in their pocketbook. The huge ..."

- RaptorII see all 14 comments

Square Enix restructuring as Tomb Raider and Hitman sales fall short

By Alice O'Connor, Mar 26, 2013 6:00am PDT

Developer and publisher Square Enix has changed its positive predictions for the financial year from a healthy profit to a crippling loss, and announced plans to bring in reforms and restructuring. Sleeping Dogs, Hitman Absolution, Tomb Raider all failed to meet high sales e...

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"The good news on a dark day here is that focus should now shift heavily to the DX franchise, ..."

- phreakshow see all 89 comments

THQ dodges NASDAQ stock delisting

By Alice O'Connor, Jul 24, 2012 9:30am PDT

There's a ray of light in THQ's financial crisis, as the developer and publisher today confirmed that its stock price has improved enough to avoid delisting from the NASDAQ Stock Market.

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"Great ... Company of Heroes 2 might just be a worthy successor, the company has transformed ..."

- RuskiSnajper see all 7 comments

Epic lands Tencent investment

By Alice O'Connor, Jun 19, 2012 8:00am PDT

Colossal Chinese Internet company Tencent is picking up a minority stake in Epic Games, giving the Gears of War developer and Unreal Engine maker a cash injection. They're quiet on how big the investment was and how big a stake Epic gave away.

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"hmmm...would a company with healthy cash flow want a foreign investor to come in and start ..."

- vassili_zaitsev see all 6 comments

Atari has closed Test Drive Unlimited dev Eden [update]

By Alice O'Connor, May 11, 2012 11:30am PDT

Test Drive Unlimited developer Eden Games was as good as dead after owner Atari laid off most of the staff last year, but now it's official. In its financial results for last year, the publisher confirmed it's been selling off what assets remain.

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"I got it in a steam sale and found it pretty enjoyable for what I paid. Much like train ..."

- MondayJBlack see all 5 comments

Starbreeze acquiring Payday dev Overkill

By Alice O'Connor, Apr 19, 2012 6:00am PDT

Syndicate and Chronicles of Riddick developer Starbreeze is picking up fellow Swedish studio Overkill Software, maker of recent co-op crime FPS Payday: The Heist. Gosh, imagine the co-op larks that could be had if they put their game-brains together.

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"Agreed. I enjoyed playing it during the Steam free-to-play weekend."

- Ride-My-Rocket see all 9 comments

UK retail chain GAME saved

By Alice O'Connor, Apr 02, 2012 6:45am PDT

Failing video games chain GAME has been saved from outright closure by an investment firm, which is taking on the fraction of UK stores still open after the retailer entered administration last week. 333 stores and around 3,200 jobs are being saved.

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"Please insert "the financial terms of the deal weren't disclosed" credits to continue. I wonder ..."

- Haxim see all 5 comments

Angry Birds dev Rovio acquires Futuremark Games Studio

By Alice O'Connor, Mar 27, 2012 5:30am PDT

Futuremark has sold its Futuremark Game Studios Arm to Rovio, the developer of Angry Birds. Futuremark's keeping the Shattered Horizon, Hungribles and Unstoppable Gorg properties, though.

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"It's funny how I said Angry Birds Space could have been higher than 99 cents. Found out level 3 ..."

- avatar_58 see all 16 comments

Remedy hiring for next-gen console project

By Alice O'Connor, Mar 26, 2012 6:30am PDT

Max Payne and Alan Wake is gearing up to develop for the next generation of consoles, looking to fill more than 20 positions in the coming months, and saying it's "on the very brink of creating the games of the future."

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Stardock: Impulse 'was consuming the rest of the company'

By Alice O'Connor, Mar 22, 2012 1:00pm PDT

The so-called "dumbification" of video games, Windows 8, and the sale of Impulse to GameStop are among the topics Stardock's outspoken CEO Bradwell has covered in the PC developer and publisher's latest annual Customer Report.

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"While I get why they weren't selling stardock games on steam at the time, it doesn't explain why ..."

- MOOMANiBE see all 10 comments

Gothic 4 dev Spellbound files for insolvency

By Alice O'Connor, Mar 22, 2012 11:00am PDT

Spellbound Entertainment, the German developer behind ArcaniA: Gothic 4 (not earlier Gothic games) and the Desperados series, is filing for insolvency after an investment deal collapsed.

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"No the old c&c clone, was decent. Arcadia however was no so good! As a fan of Gothic games it ..."

- apocreg see all 4 comments