Electronic Arts has acquired Playfish, a firm specialising in social networking games, for a figure which could rise to $400 million.
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The global mobile games market is expected to grow to $11.7 billion by 2014 due to the increasing popularity of Apple’s iPhone and iPod Touch, according to a series of new reports from DFC Intelligence.
Britain has more online and console gamers than anywhere else in Europe, according to the 2009 UK National Gamers Survey from TNS and Gamesindustry.com.
Sony is set to launch a new video-on-demand service on its PlayStation network in a bid to compete with Microsoft’s Xbox 360 service.
Specialist publisher Future Publishing has closed PSW magazine, with the last issue now on sale.
Microsoft is set to integrate Twitter and Facebook applications into the Xbox 360 games console in time for Christmas.The social network apps, which will allow users to access certain features on the sites during game play, can be downloaded from Xbox Live.Facebook members will have the option to look at friends profile updates, browse photos… Continue reading Xbox 360 to add Twitter and Facebook apps
Independent News & Media has sold its 18% stake in Cashcade for £13.2 million to digital group PartyGaming.The struggling newspaper group will receive €15.3 million for the gambling group, which owns gaming brands such as Foxy Bingo, as well as “incremental proceeds” over the next two years as long as earnings targets are met.PartyGaming’s deal… Continue reading INM offloads Cashcade asset
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In our latest Research Focus report, Ipsos MediaCT looks at the increasing popularity of downloadable games among next generation console owners.2008 was a record year for the UK videogames industry. Despite the economic downturn, the software market grew by over 20% year-on-year to £1.905bn (ELSPA/GfK Chart-Track figures). The vast majority of this spend was on… Continue reading Ipsos MediaCT: Is the future of gaming downloadable?
Fresh from 2009’s E3 Gaming Expo, Louise Gaynor, board director, Target Media, predicts this year’s big launches and market trends for the gaming industry…This year’s E3 Expo saw a return to form for the most illustrious gaming industry event. Huge announcements from industry giants including Microsoft, Sony, Nintendo and Activision had everybody talking. The sheer… Continue reading What to look out for in gaming in 2009
New research from Nielsen Online reveals that 37% of online US adults own a game console, while 10% plan to purchase a new console in the next 12 months.Nielsen also found that game console brands were popular online destinations in May. The Nintendo Web brand had the largest unique audience of console brands in May… Continue reading Game consoles prove popular among online US adults