THQ posts a quarterly loss

THQ posts a quarterly loss
Video game publisher THQ has come out with their latest revenue report and the company has posted a big quarterly loss.
THQ said that the sales went down drastically. The company also declined to provide an outlook for the current quarter.
The company further announced that they are now going to cut [...]

NetPlay TV acquires Venturygames.co.uk and Toucanwin.com

NetPlay TV acquires Venturygames.co.uk and Toucanwin.com
British company NetPlay TV has announced that they are now acquiring web based gaming services Venturygames.co.uk and Toucanwin.com.
The deal is worth 1 million pounds. It has been conducted through a stock transfer.
NetPlay added in a statement that these services generate a monthly gross revenue of about 500,000 pounds.
It [...]

Sony PlayStation 2 remains the most popular gaming console

Sony PlayStation 2 remains the most popular gaming console
Nintendo Wii might be winning the current generation videogame console war but it still cannot challenge the popularity of Sony PlayStation 2.
Sony has failed to put a dent in the sales of Xbox 360 and Wii with their PlayStation 3 console. But they still sell millions [...]

VG Chartz: Nintendo sold 1.7 million units of Wii last week!?

VG Chartz: Nintendo sold 1.7 million units of Wii last week!?
VG Chartz has reported that the Japanese videogame console maker Nintendo sold more than a million units of Wii gaming console in the US market last week.
This is a phenomenal number for a console which is around 2 years old.
Nintendo Wii continues to [...]

Nintendo Wii sold 2 million units in November!

Nintendo Wii sold 2 million units in November!
Nintendo was the winner of the gaming console war in the month of November.
The Japanese videogame console maker sold more than 2 million units of Wii in this crucial holiday period.
Microsoft Xbox 360 saw sales of 836,000 units. Sony PS3 sold 378,000 units.
Microsoft stated [...]

Logitech G13 gameboard launched for PCs and Macs

Logitech G13 gameboard launched for PCs and Macs
Hardware manufacturer Logitech has announced the launch of their G13 advanced gameboard.
Logitech G13 gameboard is a keyboard peripheral designed to work on Macs and PCs.
They are selling it for USD 80 and it would soon be available in retail stores.
The company said that the device features 25 [...]

EA acquires J2MSoft in South Korea

EA acquires J2MSoft in South Korea
US based videogame publisher EA continues to expand their presence in the Asian market.
The company has now acquired South Korean online game developer J2MSoft.
Jon Niermann, president of EA Asia spoke about this acquisition deal: “This is a significant step in EA’s strategic plan for developing and publishing online games [...]

NetDragon Websoft collaborating with Electronic Arts

NetDragon Websoft collaborating with Electronic Arts
China based videogame developer NetDragon Websoft is collaborating with US based video game publisher Electronic Arts.
The two companies would work on developing a 3D MMORPG title.
NetDragon Websoft has also won exclusive rights to license and operate Dungeon Keeper Online in the Greater China region.
The game to be [...]

Nintendo Wii: 7 million units sold in Japan

Nintendo Wii: 7 million units sold in Japan
Videogame magazine Enterbrain has stated that Nintendo has now sold more than 7 million units of Wii gaming console in the Japanese market alone.
The report stated that Nintendo Wii sales had touched 7,024,239 units as of Sunday.
Nintendo had launched their Wii gaming console on Dec. 2, 2006. They [...]

Nintendo expected to post record profits

Nintendo expected to post record profits

World’s economy might be going through tough times but Japanese videogame company Nintendo is not affected by it at all.
The company in fact is on course to post record profits for this year.
Both of the company’s flagship products Nintendo Wii and Nintendo DS are big sellers and they continue to [...]

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