Electronic Arts is giving up plans to acquire rival computer games software company Take-Two Interactive and has terminated merger discussions with the company, it said Sunday.
Nintendo sales, profit surge on Wii, DS
Nintendo reported strong growth in its sales and profit during the April to June quarter thanks to the popularity of its Wii console and DS handheld gaming device -- although sales of both devices dropped in Japan.
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Nintendo larger than all major publishers combined
According to Edge, Nintendo profited US$2.6 billion over the last year through April 2008, more than all other publicly traded top 20 publishers combined (including hardware sales). Disney, Konami, Activision, and Vivendi rounded out the top five.
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Microsoft's Xbox division posts first ever year-long profit
NIntendo is king, but Microsoft's gaming division still managed to post its first ever year-long profits this week.
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Digital comics coming to the Wii in Japan
Four of Japan's biggest comic book -- or 'manga' -- publishers are coming together to bring digital versions of their magazines to Nintendo's Wii console.
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Sony announces PlayStation 3 movie downloads
Sony announced today that it will launch a movie download service for the PlayStation 3 this summer in the US market.
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Niko voice-over upset over lack of GTA IV royalties
The raging commercial success (nearing a half billion) of Grand Theft Auto IV is bittersweet, says the voice behind Niko Bellic, because behind the scenes video game talent doesn't see royalties like movies and music stars.
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Gibson sues MTV, Harmonix, EA for Guitar Hero rights
The guitar manufacturer says guitar controllers infringe on a 1999 technology patent that protects the right to "simulate a musical performance".
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Microsoft blames Xbox shortages for lagging sales
Microsoft is citing a shortage in console availability as the reason its Xbox 360 console trailed substantially behind competitors in U.S. sales for the second month in a row in February, according to the latest numbers from the NPD Group.
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More buyers interested in Take-Two after EA bid
The publisher of the popular Grand Theft Auto series has received more takeover interest after its US$2 billion offer from Electronic Arts, the company said Thursday.
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EA offers US$2 billion for Grand Theft Auto publisher
Take-Two Interactive Software, publishers of the popular Grand Theft Auto series of games, has received and rejected a US$2 billion acquisition bid from Electronic Arts but left the door open to a possible acquisition later.
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