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Breaking Gaming Industry NewsReport: Video Game Software Sales Down 6% in Q3Authored by Mark Hefflinger on November 6, 2009 - 10:18am.
 New York - Video game software
sales across the U.S.,
Europe and Japan
fell 6% during the third quarter of 2009, according to a report combining sales
data from NPD Group, GfK Chart-Track Limited and Enterbrain. While Japan actually
saw video game software unit sales increase by 15% in the third quarter --
compared with the 20% decline seen in the same period last year -- year-to-date
sales in the country are down 9%, according to Enterbrain.
No Doubt Sues Activision Over Avatars in "Band Hero"Authored by Mark Hefflinger on November 5, 2009 - 11:13am.
 Los Angeles
- The rock band No Doubt has filed a lawsuit against "Band Hero"
video game publisher Activision (NASD: ATVI), alleging the company overstepped the
permission granted by the band to include their likenesses within the game, Reuters
reported. According to the lawsuit, the band did authorize its likenesses to be
used to create avatars to perform its own songs within the game, but did not
authorize the No Doubt avatars to perform songs by other bands.
Offerpal Names New CEO in Wake of "Scam" AllegationsAuthored by Mark Hefflinger on November 5, 2009 - 11:46am.
Fremont,
Calif. - Offerpal Media, a
provider of monetization services for online game and social application
developers, announced that it has replaced its CEO, after a controversy erupted
over the past week concerning whether some of its practices qualify as
"scams."
tags: Games | Marketing | Advertising | Social Networking | MySpace | Moves | Offerpal Media | Anu Shukla | George Garrick |
Social Games Maker Zynga Acquires Virtual Pets Firm GoPetsAuthored by Mark Hefflinger on November 2, 2009 - 7:31am.
San Francisco
- Zynga, a developer of social media games, has acquired virtual pets firm GoPets for an undisclosed sum, Virtual
Goods News reported, citing a Facebook post from GoPets founder Erick Bethke.
AuroraFeint Lands Funding for iPhone Game PlatformAuthored by Mark Hefflinger on November 2, 2009 - 7:13am.
Burlingame,
Calif. - AuroraFeint, the
provider of a game development platform for Apple's (NASD: AAPL) iPhone, has received a
multi-million dollar investment from Japanese mobile service provider DeNA,
VentureBeat reported.
Nokia to Shutter N-Gage Mobile Games ServiceAuthored by Mark Hefflinger on October 30, 2009 - 7:23am.
Helsinki
- After failing to gain market traction, Nokia (NYSE: NOK) plans to shutter its N-Gage
mobile gaming service next year, Reuters reported.
Chinese Online Games Firm ChangYou Opens U.S. SubsidiaryAuthored by Mark Hefflinger on October 29, 2009 - 3:30pm.
Santa Clara, Calif. - ChangYou.com (NASD: CYOU), a Chinese online game developer
whose shares trade on the Nasdaq, said that it has launched a U.S. subsidiary in Santa
Clara, California, with plans to
launch its online games in Asia to American
gamers. The company said that its first U.S. release, "Dragon
Oath," will launch open beta Nov. 5. The title, which has run in Asia for over three years, has over 75 million registered
players and 910,000 concurrent users.
Report: Netflix Streaming Also Coming to Nintendo WiiAuthored by Mark Hefflinger on October 29, 2009 - 8:33am.
New York
- Netflix (NASD: NFLX) will make its on-demand streaming of movies and TV episodes available
on the Nintendo Wii, joining the recent addition of Sony's (NYSE: SNE) PlayStation 3 and
previous exclusive streaming partner, Microsoft's (NASD: MSFT) Xbox 360, according to
StreamingMedia.com analyst Dan Rayburn.
Nintendo to Release Larger DSi Handheld in Japan, EuropeAuthored by Mark Hefflinger on October 29, 2009 - 8:21am.
Tokyo - Confirming earlier
reports, Nintendo plans to release a new DSi handheld game system in Japan that sports
a larger, 4.25-inch screen.
Report: In-Game Currency is Most Popular Virtual Item to SellAuthored by Mark Hefflinger on October 28, 2009 - 11:16am.
Santa Clara,
Calif. - Nearly one-third (31%)
of those who purchased virtual goods over the past year also sold virtual
goods, with in-game virtual currency being the most frequently sold item from
player to player, according to a report from market research firm VGMarket and
PlaySpan, an operator of virtual goods marketplaces.
tags: Games | Social Networking | Reports | Virtual Currency | Research | Virtual Worlds | Virtual Items | PlaySpan | VGMarket |
Report: Nintendo to Debut Larger-Screen DSi in JapanAuthored by Mark Hefflinger on October 27, 2009 - 12:18pm.
Tokyo - Nintendo is prepping
to release a new version of its DSi handheld game system with a larger screen
in Japan,
Reuters reported, citing the Nikkei business daily. The screen on the new model
is expected to be over 4 inches, up from the 3.25-inch screen sported on the
current model. Demand is reportedly dwindling for the DSi, which faces
increasing competition from game-friendly mobiles like the iPhone. The new DSi could
launch yet this year in Japan,
and is expected to cost about the same as the current model, according to
Nikkei.
Samsung, Handmark to Fund Mobile Game DevelopmentAuthored by Mark Hefflinger on October 27, 2009 - 9:45am.
Kansas City, Mo. - Handmark, a distributor of mobile applications and
services, announced on Tuesday that Korea's Samsung Electronics has
launched a new Global Venture Fund, which will invest in companies and
individuals "with innovative, market-changing game ideas for next
generation Samsung mobile phones."
AFTRA Endorses New Labor Contract with Game PublishersAuthored by Mark Hefflinger on October 26, 2009 - 11:33am.
Los Angeles
- The national board of the American Federation of Television & Radio
Artists (AFTRA) has approved a deal with video game publishers governing
actors' work done for video games, which will now be sent out to members for a
vote, Variety reported.
Netflix to Enable Movie, TV Streaming to PlayStation 3Authored by Mark Hefflinger on October 26, 2009 - 10:54am.
Los Gatos,
Calif. - Online DVD rental
service Netflix (NASD: NFLX) announced on Monday that it will extend its on-demand movie and
TV episode streaming service to Sony's (NYSE: SNE) PlayStation 3 game console platform, expanding
beyond a previously exclusive deal with Microsoft's Xbox 360.
Unity Technologies Secures $5.5 Million for Game PlatformAuthored by Mark Hefflinger on October 26, 2009 - 7:27am.
San Francisco
- Unity Technologies, the provider of a multi-platform game development
platform for the Web, consoles and mobile devices, announced on Monday that it
has raised $5.5 million in its first round of venture capital financing, led by
Sequoia Capital.
Watercooler Lands $5.5 Million for Fan Sites, Social GamesAuthored by Mark Hefflinger on October 26, 2009 - 6:06am.
Mountain View,
Calif. - Watercooler, a developer
of fan communities and social games that claims 26 million users, announced on
Monday that it has raised $5.5 million in its second round of funding, led by
U.K. online gambling firm Betfair.
tags: Games | Deals | Sports | VC | Social Networking | Fantasy Sports | TV | Betfair | Canaan Partners | Watercooler |
Microsoft Opens First New Retail Store in Scottsdale, Ariz.Authored by Mark Hefflinger on October 23, 2009 - 10:44am.
Scottsdale,
Ariz. - Microsoft (NASD: MSFT) opened its
first in a new line of retail stores in Scottsdale, Arizona on Thursday, which
saw a line of around 500 people waiting for the official opening, Reuters
reported. The company experimented with a retail store concept ten years ago
with Sony at San Francisco's
Metreon, but did not expand the initiative. The new line of retail stores,
which carry Xbox 360 game consoles, Windows-powered laptops from Dell and HP,
and the new Windows 7 operating system, among other items, will expand next to Orange County,
Califorina.
CEO Resigns from Touch Feedback Developer ImmersionAuthored by Mark Hefflinger on October 21, 2009 - 10:49am.
San Jose,
Calif. - Immersion, a developer
of touch feedback technology often used in video game controllers and other
devices, said on Wednesday that Clent Richardson has resigned as its CEO to
pursue other interests. The company's board has named Victor Viegas,
Immersion's former CEO and a current director, to serve as interim CEO.
"We would like to thank Clent for his service to Immersion and wish him
well in his future endeavors," said Chairman Jack Saltich. Richardson joined
Immersion in April 2008, after having served as the chief marketing officer at
Alviso-based TiVo and Nortel Networks.
Canesta Raises $16 Million for 3D Image SensorsAuthored by Mark Hefflinger on October 21, 2009 - 7:28am.
Sunnyvale,
Calif. - Canesta, a developer of
3D image sensors, announced on Wednesday that it has raised $16 million in new
financing, from returning backers Carlyle Growth Partners, Hotung Venture Group
and Venrock, and new investors Quanta Computer and SMSC.
tags: Games | Deals | VC | Venrock | Canesta | Carlyle Growth Partners | Hotung Venture Group | Quanta Computer | SMSC |
"Rock Band" Game Released for iPhone, iPod touchAuthored by Mark Hefflinger on October 20, 2009 - 12:07pm.
Los Angeles
- Electronic Arts (NASD: ERTS), along with Viacom's (NYSE: VIA) MTV Games and developer Harmonix, on
Tuesday announced the release of "Rock Band" for Apple's iPhone and
iPod touch. The $9.99 game includes a full-band Bluetooth multiplayer mode, 20
full-length songs, and the ability to purchase additional songs from within the
game.
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