Report: Royal Bank of Scotland Will Help Save GAME

March 29, 2012 -

Troubled UK video game retailer GAME is troubled no more, according to this MCV report. According to MCV, GAME is set to exit administration thanks to some white knight action on the part of a consortium led by the Royal Bank of Scotland. Citing sources "close to the negotiations," MCV contends that "a deal to save the retailer is incredibly close" to being finalized. If that happens, GAME could be out of administration as soon as March 30.

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Ireland: Former GAME Employees Release Statement on Protests

March 28, 2012 -

A group of former Irish GAME employees have been staging on-site protests at a number of now shuttered stores in Ireland and have released a statement explaining why they are so upset with the video games retailer that recently went into administration. The protests are a direct response to GAME and administrator PriceWaterhouseCoopers refusing to pay fired employees for the remainder of their contract, holiday pay owed and other compensation owed.

The group says that it will continue their protests until PwC amends its decision. The full statement can be found below:

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GAME Gets Administrator, CEO Resigns

March 26, 2012 -

Troubled UK video game retailer GAME has officially entered into administration, with PricewaterHouseCooopers named as its administrator. According to a GamesIndustry International report, the company has taken both game.co.uk and gamestation.co.uk down, and has begun closing stores in the UK.

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GameStop Signs Digital Distribution Deal with Blizzard

March 23, 2012 -

GameStop is banking on a new deal with Blizzard that it hopes will shore up its digital sales over the next several years. The deal will see GameStop offer customers the ability to buy games and digital goods for Blizzard games in the retailer’s stores in the U.S. and other regions. Diablo III, coming May 15, will be the first game sold via download codes in the stores.

GAME's Options Moving Forward

March 22, 2012 -

MCV writer Christopher Dring runs down the list of companies that might be able to pull troubled UK games retailer GAME out of its financial troubles. The names thrown around in his article include private investment firm OpCapita, US-based retailer Walmart, US-based games retailer GameStop, and retail restructuring firm Hilco. Along with listing all the reasons these companies might have an interest in buying GAME, the article lists all the reasons what harm such deals could do to the retailer.

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EA UK Boss: GAME Will Rise Again

March 22, 2012 -

Electronic Arts' UK Managing Director Keith Ramsdale said that he expects GAME to survive its current administration woes and return to High Street after its administration process is complete. Speaking at the Westminster Media Forum today, Ramsdale also rubbed some salt in the wounds of GAME by saying that the games it couldn't stock like Mass Effect 3 and FIFA Street were selling well through alternative retailers on High Street and online.

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GAME to Enter into Administration

March 21, 2012 -

GAME has officially filed to enter into administration today. The UK-based video game retailer had its shares temporally suspended from trading this morning prior to making its move.

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Goldman Sachs acquires 13 Million GAME Shares

March 15, 2012 -

Goldman Sachs (a company our tax dollars helped keep going - you're welcome!) is the latest financial investment firm to buy stock in The GAME Group. The U.S.-based firm purchased 13,120,220 shares in the UK-based video game retail company March 12. Yesterday it was revealed that U.S. investment firm Blueshore Global had acquired an eight percent stake in the retailer. The buy-in by Goldman Sachs entitles the firm to 3.78 percent of its voting rights.

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Report: Time Running out for GAME Even as Potential Buyers Show Interest

March 14, 2012 -

Time is running out for UK retailer GAME if you believe this story from MCV, but several companies have quietly approached the troubled retailer about an acquisition according to another MCV report. One of those potential suitors is rumored to be Walmart, which has about 9,000 retail stores nationwide. Why a general goods retailer would want to buy a specialty retailer like games is beyond me.

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GAME Reponds to Times Report

March 12, 2012 -

Responding to a report in the Times, troubled UK video game retailer GAME has issued a statement this morning confirming much of the news we noted on Friday that it is in discussions to sell the company and that it is still trying to negotiate with creditors to continue doing business. 

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Report: GAME Executives Told to Prepare for Administration

March 9, 2012 -

According to a report on MCV, UK video game retailer GAME is telling its employees to be prepared for the company to go into administration (bankruptcy). The company's senior staff was told at a meeting with CEO Ian Shepherd earlier in the week that the chain has approximately two weeks to improve its luck and get its affairs in order before administrators are called in. The company is still hoping for a buyout by GameStop or some other investor.

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Report: GameStop Eyeing GAME's Operations in Spain and Portugal

March 8, 2012 -

According to a report in the Independent, U.S.-based retailer GameStop has expressed interest in buying trouble UK retailer GAME's Iberian operation. The report makes no mention of GAME's UK operations, but points to its stores in Spain and Portugal. Both companies declined comment.

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GAME Not Stocking Street Fighter X Tekken or Asura's Wrath

March 5, 2012 -

Troubled UK retailer GAME will not be stocking Street Fighter X Tekken and Asura's Wrath, according to an MCV report. Both were scheduled for release this Friday in the UK. The Capcom titles join other high profile titles that were recently passed over including Mass Effect 3, Mario Party 9, The Last Story and FIFA Street.

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Report: GAME Directors Might 'Pull the Plug'

March 5, 2012 -

Investors and directors are not confident in UK games retailer GAME, and one report from The Express this weekend notes that company directors are considering "pulling the plug" on the entire operations rather than lose any more money. Executives at the top of the troubled retail chain are concerned that the retailer is negotiating big titles on a "game by game basis," and some investors could lose patience with that way of doing business.

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Analyst: GAME Could Lose Millions over Mass Effect 3 Decision

March 2, 2012 -

UK games retailer GAME could lose up to £2.5 million (or roughly $4 million USD) over its decision not to stock EA's Mass Effect 3, according to one analyst. Mark Photiades of Singer Capital Markets noted that lost sales and compensation to those customers who pre-ordered the game could prove detrimental to GAME's already fragile financial standing.

Photiades comes to this conclusion based on some hypothetical sales calculations:

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GAME Calls EA Stocking Problems 'Temporary'

February 29, 2012 -

UK video game retail chain GAME made an announcement this morning that it would not be stocking Mass Effect 3 or any other EA title in the immediate future. The publicly traded company paid for that announcement today as its stock plummeted 15 percent on the news. GAME also said that it is not stocking Nintendo's Mario Party 9, and earlier this month it decided not to stock Ubisoft’s PS Vita launch titles or the latest Tekken title for 3DS. All of this is making investors nervous and the public concerned that the company is sliding down a slippery slope.

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UK Games Retailer GAME Closing 35 Stores

February 23, 2012 -

According to a Gamasutra report troubled UK games retailer GAME has chosen 35 stores and one of its main online sites that it will be shut down as part of a strategic plan to cut costs. The move follows a rescue of the company by stakeholders and lenders. As part of its restructuring plan, Game must operate its business "within lower limits" than it has in the past and shut down 60 of its stores in the UK by 2013.

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UK Developers: Games Retail Channel Dead in 10 Years

February 21, 2012 -

Jagex CEO Mark Gerhard said, as part of a panel at the BAFTA Question Time event (sponsored by GameIndustry.biz), that traditional retail will fall by the wayside within ten years. He was speaking only of retail as it relates to the sale of games. Gerhard believes this because he thinks that digital distribution channels have managed to serve the needs of consumers very well.

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NPD Announces Agreement with Walmart for Sales Data

February 3, 2012 -

Walmart has finally decided that it will share its video game software and hardware sales data with research firm NPD Group. The firm had been hampered by not having sales data from Walmart and instead had to estimate weekly and monthly figures related to the retailer. NPD today confirmed that it has reached an agreement with Walmart to receive and analyze its point-of-sale information from it retail stores and Walmart.com.

The agreement also covers many other industries that NPD tracks, including Entertainment, Apparel, Home, Hardlines, and Toys.

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UK Retailers: If Publishers Ditch Online Codes We Would Share Used Games Revenue

January 11, 2012 -

According to this MCV report retailers are telling the publication that if publishers stop using online codes, they would be willing to share used game revenues with them. This would - at least anecdotally - show that online pass code schemes employed by companies like THQ, EA, and others are having some sort of negative affect on used game sales.

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Online Retailers Rake in $35 Billion During Holiday Shopping Season

December 28, 2011 -

According to new data released by analytics firm comScore, online retailer raked in an estimated $35 billion in the United States during the lucrative holiday shopping season that runs from late November to December. The biggest jump with this 56 day shopping season took place on Black Friday - a day usually reserved for traditional retailers to make big bucks on sales. On the day following Thanksgiving, online sales increased an impressive 26 percent to $816 million. Cyber Monday also produced record results.

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GameFly's End-of-Year Used Games Sale

December 22, 2011 -

For its end of year sale, game rental company GameFly is offering 50 percent off its used game titles. Obviously all of these games have been man-handled by rental customers, but that shouldn't stop you from finding a good deal. At a glance - taken from this sale page - GameFly is offering Brink Xbox 360 for $6.99, LA Noire PS3 for $11.99, Two Worlds II PS3 for $9.99, Mario Strikers Charged Wii for $12.99, Enslaved Xbox 360 for $9.99, Kingdom Hearts Re:coded DS for $19.99, and Rabbids Travel in Time 3D 3DS for $19.99.

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Collective Vita Software Sales Hit 300K Units

December 22, 2011 -

New data released by Japanese retail research company Media Create reveals that the 20 titles that launched with the PlayStation Vita sold a combined 300,000 units. This happened, according to the firm, in the first two days of Vita's launch. The system sold an estimated 325,000 units in the same timeframe. According to Andriasang - who translated Media Create's numbers, this gives the Vita an attach-rate of around 0.92 games per system. That rate might be a bit higher because these numbers don't take into account games purchased online through PlayStation Store.

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GameFly's PC Client Enters Public Beta

December 19, 2011 -

GameFly is finally putting that acquisition of digital distribution platform Direct2Drive to good use. According to a Joystiq report, the video game rental company has launched the public beta for its PC game distribution client. The highlight for GameFly members is that they can play the entire PC library for no charge.

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Crime Hurts Retailers During the Holidays

December 2, 2011 -

Crime is taking a bite out of retailers' fairly decent sales numbers for the holiday season so far, according to trade group the National Retail Federation. According to estimates from the group, around 40 percent of theft is caused by organized crime rings, "returns" fraud, and shoplifting. Crime has costs U.S. retailers tens of billions of dollars already according to the group.

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Limbo Developer Calls Retail Model 'Broken'

November 1, 2011 -

Dino Patti, CEO of Limbo developer Playdead, says that retail in its current state is "broken" and "inefficient."

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NRF Has $10 Million Reasons For Politicians to Listen

September 21, 2011 -

The National Retail Foundation has launched a $10 million dollar advocacy campaign to push its national agenda onto the political scene for the rest of the year. The trade group representing traditional retailers says that it will spend some of that money on lobbyists to push a 13-point legislative agenda important to its memberships. Notable exceptions include corporate tax reform, fixing or repealing the employer health care mandates passed by President Obama, and enacting the "Main Street Fairness Act." The latter should be noted by consumers because it wants U.S.

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American McGee: Game Retailers Are A Waste of Resources

September 13, 2011 -

Former DOOM and Quake designer American McGee thinks that retail is an outdated model and in Shanghai (where he lives and does business with his company Spicy Horse) no one buys games anywhere but online. In an interview with Industry Gamers McGee said that retail is just a place in China where everyone manhandles merchandise they want before they go home and buy it online.

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GAME Australia's Rewards Program Gets Naughty

September 12, 2011 -

Video game retailer GAME Australia has revamped its customer reward card with a risqué new feature that lets customers use their fingers to simulate various male naughty bits. The cheeky marketing gimmick has drawn a lot of attention - with a slight bit of it being negative. MCV is reporting that multiple complaints have been filed with the Australian Competition and Consumer Commission (ACCC). GAME did not acknowledge or comment on those complaints; instead it talked to MCV about how wonderful the rewards program is for its customers.

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Amazon v. California, Round II

September 6, 2011 -

While Amazon might be on the precipice of usurping legislation passed earlier this year by the state of California with a voter referendum this November, lawmakers are on the attack. The New York Times chronicles the fight going on in California in this article, which is interesting because it pits traditional retail in the state against online retailers.

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prh99Devolvers response to Nintendo's creator program https://mobile.twitter.com/devolverdigital/status/56082061398444851301/31/2015 - 3:24am
Andrew EisenI only know of him being annoyed that IGDA mistakenly hosted on its anti-harassment tools page a blocklist he was on. What else was he critical of?01/31/2015 - 2:19am
Goth_Skunk@WonderKarp: Given Rosario's outspoken criticisms of the conduct of the IGDA, I would not be one bit surprised if he's being strong-armed into silence in closed-door meetings. He's not towing the party line, after all.01/30/2015 - 11:38pm
MechaTama31EZK: Thank you! (And I was able to see that you did it, only because you did it. How appropriate! :)01/30/2015 - 11:37pm
Matthew Wilson@Monte Nintendo is a Japanese company though. consoles are dead in japan. ps sony is a international company, so they do not much care about Japanese sales much.01/30/2015 - 10:11pm
MonteOnly one generation ago nintnedo had the best selling console. They know their games are still popular and can move their hardware. They just need to focus on better gaming hardware and advertising (their youtube policy not helping)01/30/2015 - 9:58pm
MonteI'd expect Nintendo to keep making consoles, much like the gamecube i doubt nintendo will see the Wii U as a sign of the end for consoles. There are multiple reason why the Wii U failed a big one being marketting.01/30/2015 - 9:55pm
Wonderkarpwhen asked on Twitter, the Chairman said He couldnt comment at this time https://twitter.com/siloraptor/status/561284497275367424. still looking for facts01/30/2015 - 9:41pm
Wonderkarphttp://pressfarttocontinue.com/2015/01/30/igda-puerto-rico-closed/ this is what I have so far01/30/2015 - 9:27pm
Wonderkarpso allegedly, IGDA has closed their Puerto Rico branch. This comes after the Chairman of the Puerto Rico branch was blocklisted by Randi Harper. I'm trying to dig up more info on it. all I have is a link with some info, but its not cited.01/30/2015 - 9:27pm
Andrew EisenSo, kinda like the Wii U just with a GamePad that's portable?01/30/2015 - 9:13pm
Matthew Wilson@AE I hope they do a Ipad/iphone thing. make a home console/handheld where games are playable on both. that is what I would want from them.01/30/2015 - 9:00pm
Andrew EisenThat would be a shame but as long as I can play comfortably on my TV I'll probably be fine with whatever the future brings.01/30/2015 - 8:56pm
Matthew Wilson@AE I would get used to it. I do not think nintendo is going to do another home console , but I suspect a hybrid one. 1. they are doing worse than the gamecube. 2. the home console market is dead in japan. even the ps4 isnt selling there.01/30/2015 - 8:54pm
Andrew EisenAside from that (and the aiming isn't too smooth but it's turn based so it's not a big deal (maybe better with Circle Pad Pro or New 3DS?)) my only other quibble is I'd much prefer playing it on a console. But I say that about nearly every handheld game.01/30/2015 - 8:39pm
Andrew EisenFrom what I've seen of Valkyria Chronicles, this is significantly slower. Mechanically, it's fine and plays into the game well. It just takes too long.01/30/2015 - 8:37pm
Matthew Wilsonyup like VC it moves every enemy each turn one by one.01/30/2015 - 8:33pm
Andrew EisenI played most of the Codename Steam demo. Pretty neat so far but the enemy turn (it's turn based) takes way too long.01/30/2015 - 8:31pm
Goth_SkunkJust finished the first episode of Life is Strange. The writing is hit-or-miss, the lip-syncing is awful (but I can't fault an indie dev for that), but the chronokinesis mechanic is dynamite. Love the concept. Can't wait to play more.01/30/2015 - 8:23pm
Andrew EisenNintendo invites disaster!01/30/2015 - 7:34pm
 

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