• by Quinton Miles

    NCsoft today confirmed reports of consolidation within the company with the announcement of their new NC West subsidary. The new juncture will combine the company’s United States and European groups, as well pave the way for the release of some of the latter’s staff.
    The company will be led by CEO Chris Chung, President of Product [...]

  • by Quinton Miles

    Have you ever been in a GameStop and wondered exactly how they’re making such a cleaning in the gaming retail sector? Why their employees push you so hard to buy that used game? Why that game you thought you bought was new, but instead a refurbished one?
    A former employee (and a very disgruntled one at [...]

  • by Quinton Miles

    Take-Two announced tonight their financial results for the third fiscal quarter of 2008. Net revenue for the quarter was $433.8 million, up from $206.4 million from the same period last year. As most expected, the dramatic hike is thanks in large part to the release of Grand Theft Auto IV.
    “Take-Two’s exceptionally robust third quarter results [...]

  • by Matt Paprocki

    Tecmo doesn’t want to be a part of Square apparently. The company rejected Square’s offer of $206 Million to merge, which probably wasn’t enough to cover the lawsuit of Ninja Gaiden creator Tomonobu Itagaki (or maybe they just didn’t like Square, but the latter was funnier).
    That leaves the door open for a Tecmo/Koei merger. While [...]

  • by Quinton Miles

    Square-Enix has revealed its intentions to acquire Tecmo and will outline their plans for a takeover later today in Japan, according to a new report this evening by Kotaku.
    If successful, Square-Enix would gain a number of Tecmo’s key franchises like Ninja Gaiden and Dead or Alive, as well as the upcoming new Tecmo Bowl series. [...]

  • by Quinton Miles

    Electronic Arts interest in acquiring Take-Two has been in the public eye almost since day one back in April, but now the action will be moving behind closed doors. According to recent article o Reuters, the two companies have signed a confidentiality agreement to continue with private talks about the possible deal.
    “As a result, EA [...]

  • by Quinton Miles

    Electronic Arts’ acquisition attempts of Take-Two have appeared to die down for the moment, but if it goes forward Uncle Sam is cool with it. U.S. antitrust authorities revealed today that they would approve the deal if it went through, according to letters on the FTC’s web site.
    “Upon further review of this matter, it now [...]

  • by Quinton Miles

    Electronic Arts released an update on their dealings with Take-Two this morning, saying that they won’t be offering any more extensions to their acquisition deadlines after the expiration tonight.
    They also released a series of letters between EA’s John Riccitiello and Take-Two’s Straus Zelnick, following discussions the two had over the weekend regarding the deal concerning [...]

  • by Quinton Miles

    GameStop announced this morning that they have agreed to purchase independent New Zealand game retailer The Gamesman. Once the deal is completed, the eight stores will be converted to the GameStop EB/Games brand and expand the chain’s presence in the area to 38 stores, adding up to 308 for the entire Austrailia/New Zealand area.
    “We are [...]

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