Sega among companies bidding in auction for Atlus assets
Circa 200 billion JPY in auction bids filed with the Tokyo District Court last week included Sega Sammy among the 20 companies looking to purchase the assets of Index, bankrupt parent...
Konami’s sales and profits decline in a quiet period
With no major releases in the first financial quarter, Konami reported revenues for the period of 45.6 million JPY, down 7.2 per cent year on year, and operating profits of 1.5...
Shanda Games announces acquisitions valued at US$811.5M
Leading Chinese game developer and publisher Shanda Games has announced an agreement to acquire affiliates Shanghai Shengzhan Networking Technology and Tianjin Shengjing from parent Shanda Interactive Entertainment in a transaction valued...
Sony’s hardware revenues down, mobile and software sales up
Sony released their first quarter financial report for 2013, revealing that sales grew by 13 per cent to 1.712 trillion JPY, with net profits of 3.48 billion JPY (US$35.38 million); a...
Earnings rise as Sega’s move to digital pays off
Sega Sammy has announced first quarter revenues of 90.7 billion JPY, up 29.6 per cent from last year, with profits of 12.9 billion JPY, up 408 percent from the same period...
Nintendo reports only 160,000 Wii U consoles sold last quarter
Nintendo’s latest financial report reveals that the company sold just 160,000 Wii U consoles for the period from April to June this year.
Wii U sales have dropped sharply since 3.06 million...
Giant to launch PLA’s controversial military sim in China
Glorious Mission Online, a 'Call of Duty' style game created by the Chinese military in 2011, will be released online in China this month by game publisher Giant Interactive.
"The online version...
Capcom profits down 37 per cent with few releases in Q1
Capcom has announced first quarter revenues of 17.4 billion JPY for 2013, down 6.2 per cent from the same period last year, with profits of 828 million JPY, a 37.3 per...
Tencent retains stake in Activision Blizzard
Activision Blizzard recently announced that the company will spend US$5.83 billion to repurchase stock from parent Vivendi. As a 6 per cent strategic stakeholder in Activision Blizzard, Chinese Tencent is also...
SEA’s Garena to release League of Legends in Indonesia
Southeast Asia's largest game publisher and online gaming service provider Garena has announced the upcoming release of League of Legends (LoL) in Indonesia.
Garena Indonesia's CEO Zhou Junjie said in the...
ChangYou reports second quarter earnings rise of US$182.4M
As ChinaJoy concluded in Shanghai, ChangYou reported financial results for the end of the second quarter, with revenues of US$182.4 million, a quarterly increase of 24 per cent and 3 per...
Snail and Shanda partner for Black Gold Online
Chinese developer Snail and game publisher Shanda have announced a partnership for the upcoming release of Snail's highly anticipated new title, Black Gold Online.
With the successful debut of the steam punk-inspired...
With new titles and development focus, NetDragon looks to grow overseas
NetDragon is showing flagship online games Demon and Dragon Hunter Wars at ChinaJoy this year, as well as promoting several new online and mobile titles.
NetDragon's Demon is expected to launch in...
Tencent to bring EA’s FIFA Online 3 to China
Tencent has announced an agreement with EA to distribute FIFA Online 3 in China.
Tencent continues to expand its overseas partnerships, which already include US developers Activision Blizzard (Call of Duty...
China’s game revenues 33.89B RMB for first half of 2013
According to a CGIA/IDC report for the first half of this year, Chinese game revenues reached a total of 33.89 billion RMB; a 36.4 per cent increase compared with the same...
Bankrupt Atlus parent Index to start asset auction
Tokyo-based Index Corp., the struggling owner of Japanese game developer and publisher Atlus, is seeking 15 billion JPY (US$148.7 million) in part from the auction sale of Atlus titles to assist...
True Digital Plus to release Korean MMORPG LOE Online in Thailand
Leading Thai distributor True Digital Plus will soon release Eden Entertainment's action MMORPG L.O.E. (Lune of Eden) Online.
"With the continued success of the online gaming business, True Digital Plus is always...
Thai online market to reach US$132M by 2014
Leading Thai game publisher Asiasoft expects Thailand’s online games turnover to reach US$132 million by 2014. The rapid growth of online gaming since 2009 has been attributed to the spread of...
China game sales up 35 per cent in 2012
According to a Chinese government report, domestic game revenues reached 60.28 billion RMB last year, an increase of 35 per cent from 2011. The figures included online, browser and social game...
Indonesia’s Kreon signs Dragon Nest and Mirror War, partners with Live Gamer
Indonesian online game publisher Kreon recently announced the signing of Eyedentity Games' action RPG Dragon Nest and L&K Logic Korea’s Mirror War, and has also joined the Live Gamer platform to...
