Veteran game designer and erstwhile astronaut Richard "Lord British" Garriott has prevailed in his legal action against former employer NCsoft, scoring $28 million in a dispute over stock options and the circumstances of his departure from the company. A federal court yesterday ruled that NCsoft had deprived Garriott of profits on his stock options by mis-categorizing his exit. The Ultima creator
Published News » Videogames
Garriott Victorious In $28 Million Suit Against NCsoft
Posted by Ronnie 42 days ago (http://feedproxy.google.com)
ESA Lobbying Down 8% To $1.1M In Q2
Posted by Ronnie 42 days ago (http://feedproxy.google.com)
The Entertainment Software Association, a major U.S. video game industry trade organization, spent $1.1 million to lobby on behalf of game publishers and developers in the second quarter of this year, a slight drop from the organization's recent spending. In the second quarter of last year, and in the first quarter of this year, the ESA spent about $1.2 million lobbying, making this quarter's fig
Sony Corp Swings To Profit, PlayStation Biz Slashes Losses
Posted by Ronnie 43 days ago (http://feedproxy.google.com)
Profit remains just out of reach for Sony's PlayStation business, but the division continues to cut losses -- whereas last year it was 36.7 billion yen ($422.1 million) in the red, this year's fiscal first quarter sees Sony's game segment report a smaller 3.8 billion yen ($43 million) loss. Sales in the Networked Products and Services division, which houses PlayStation and PC products, saw sales
Film Director Del Toro Developing Video Games
Posted by Ronnie 43 days ago (http://feedproxy.google.com)
Director Guillermo del Toro, known for his films including Pan's Labyrinth and Hellboy, has signed a deal to develop multiple games with an unspecified "big company," and plans to announce the titles in the coming weeks. "We're going to do games that are going to be technically and narratively very interesting," del Toro told MTV news in an interview this week. "We're announcing it in the next fe
Disney's recent buy of Playdom may not have been a wise move, says one analyst, perplexed by the high value of the acquisition in a climate of viral slowdown for Facebook games. The Mouse paid $563 million, plus the possibility of an additional $200 million if the Social City and Sorority Life developer achieves certain performance targets. That's a possible value of $763 million all told -- a de
Publisher Playlogic Files For Bankruptcy In Netherlands
Posted by Ronnie 44 days ago (http://feedproxy.google.com)
The financial troubles of New York- and Amsterdam-based publisher Playlogic, developer of last year's Fairytale Fights, escalate this week as the company has filed for surseance van betaling bankruptcy in the Netherlands. In a brief SEC filing posted today, Playlogic said it "has voluntary [sic] requested a delay of payments, 'surseance van betaling,' the Dutch equivalent of Chapter 11." The requ
GameStop, Jolt Continue Facebook Game Push With Gangsta Zombies
Posted by Ronnie 44 days ago (http://feedproxy.google.com)
As it revealed its acquisition of Kongregate, video game retailer GameStop announced a new in-store promotion for Gangsta Zombies, its free Facebook game allowing players to take ton the role of an undead gangster in their quest to "become the top Zombie Don" in their city. As part of the campaign, all U.S. GameStop locations are giving out game cards with codes players can key into Gangsta Zombi
Changyou's Revenues Up 17% To $77.7M For Q2 2010
Posted by Ronnie 45 days ago (http://feedproxy.google.com)
Chinese online games company Changyou, a subsidiary of Sohu, saw record high revenues in the second quarter of 2010, with its MMOs generating $77.7 million for the quarter ending June 30th -- a 17 percent year-over-year increase. That amount also represents an 8 percent growth in revenues compared to the previous quarter, and exceeded the high end of group guidance. Changyou predicts that its onl
Darkworks, TriOviz Partner On PlayStation 3 3D Middelware
Posted by Ronnie 45 days ago (http://feedproxy.google.com)
Game developer Darkworks and stereoscopic 3D technology developer TriOviz have partnered on a 3D graphics SDK that will allow game makers to implement one 3D solution that works on both standard HDTVs as well as 3D-capable TVs, and today the companies announced that the SDK has been accepted into the official PlayStation 3 Tools & Middleware Licensee Program. The TriOviz for Games SDK, first
Halo Reach Adds Expanded Forge Mode, Xbox 360 Hardware Bundle
Posted by Ronnie 46 days ago (http://feedproxy.google.com)
Highly-anticipated Halo: Reach is getting a special limited-edition bundle accompanied by a silver Xbox 360 and customized accessories like matching wireless controllers decorated with art by Bungie. The 250 GB console bundle also includes a token for the limited edition Elite armor set, an episode of Halo Legends and a wired headset themed around Halo: Reach. Finally, the custom Xbox 360 hardwar
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