Resident Evil 5 (96/100 Company Impact Score!)

Almost every gamer knows what big game will be released at the end of the week. If you don’t, you were probably living in a cave for the last month or maybe you just didn’t pay your internet bill and your service provider had to disconnect you from the world. After all, the [...]

EA: You Have Some Explaining to Do - and Since We Are On the Subject, You too Midway

Can someone please tell me how a video game company, or any company, generates sales of $1.65 billion dollars, has a wonder hit known as FIFA 09′ which has almost sold 8 million copies - but loses $641 million dollars for the quarter? Don’t you think, if you were the CEO of a company, [...]

NASDAQ DE-LISTING ALERT: So Majesco, What’s it gonna be?

Last year, August 28, 2008 to be exact, Majesco-COOL received a notification from NASDAQ because its stock had dipped below a dollar for 30 consecutive days. According to NASDAQ rules, Majesco has 180 days from the issuance of the warning, to right its ship (the deadline is February 18th). In more detail, Majesco [...]

FRIDAY: Electronic Arts may lay off employees, Majesco updates fiscal results & GAME opening new stores (UPDATED)

Here are the Daily Bytes for Friday, January 30. Updated during the day so check back for NEW news.

Rumors are circulating that Electronic Arts may cut 55 employees. Also, this could mean that Need For Speed for the PSP is dead.
Majesco (COOL) has updated its fiscal results for 08′. Its new net [...]

Note to Researchers of Video Game Studies: GET A NEW JOB, A LIFE, AND DONATE YOUR EARNINGS!

Every time I see one of these studies on video games and its effects on individuals, I can’t help but shake my head. Is it me or are these studies happening more and more often? The sad thing is…these researchers, sometimes, get paid good money. Why can’t I get paid for one [...]

ALERT: This Week in the Market May be Very Telling

Just in case you have been sleeping in for the last few weeks, this quarter is becoming - not so good. In fact, it may turn out to be the worst quarter in a decade.
This next week, in what could be very good barometer of where the market stands, there will be [...]

Bulk of Microsoft Layoffs from Games Division

Despite good news after the holidays regarding XBOX360 sales, Microsoft is taking an ax to the “games division.” It has been rumored that 30% of the game testers are now gone. In addition, the internal studio ACES, has been shut down. This could mean an end to one of Microsoft’s oldest running [...]

New Game Consoles in 2011, presumes Ubisoft, 3rd Quarter Sales Up

Ubisoft announced 3rd quarter sales of eur508 million. More than eur103 million over the same period last year. The sales were ignited by Shaun White Snowboarding which sold more than 2 million units. They must really be optimistic over there at Ubisoft as they are gearing for a possibility of the next [...]

Getting Da’ Boot: Layoff Update

Another round of industry layoffs in the video game sector. As much as we want to pretend everything is great, we are brought back to earth when it happens to our own sector. Layoff update:

Black Box, Vancouver developer of Skate and Need For Speed, has laid off 200 employees. Around 50% of [...]

World of Warcraft China Operator announces $1.11 Dividend Per Share

The9 Limited (NCTY), one of the leading game developers out of China, has announced a dividend equal to $1.11 in US dollars. The aggregate amount of the total cash dividend is $29,410,000. According to a Citi analyst, current large shareholders will benefit the most.
The9 Limited is primarily focused on MMORPG’s including World of [...]