Posts tagged @business 
Logitech to phase out production of console gaming accessories
The third quarter of fiscal 2013 wasn't especially awesome for Logitech, despite the fact that I personally spent 30 of my own dollars on a wireless keyboard within that time frame. Whereas the same period last year saw a net profit of $55 million, Logitech posted a net loss of $194.9 million in ...
The Secret World dev Funcom restructuring, shutting down Beijing office
Funcom is preparing to engage in a massive restructure that will see the company's focus shift from producing large-scale MMOs, such as The Secret World, to "smaller, more high quality online games." Funcom's offices in Raleigh, North Carolina, will absorb more responsibility – specifically, ...
THQ memo asks employees to pack up today
Employees of THQ's corporate HQ and Vigil studio will conclude working for the bankrupt publisher today. In a memo obtained by IGN, employees received a "frequently asked questions" memo regarding the end of their employment. The memo notes employees should remove all personal items by the end of ...
Rubin: Vigil's new IP meant 'even more risk' for potential buyers
Despite many of its major brands and studios being snatched up during this week's auction, several of THQ's intellectual properties remain unclaimed, their respective studios dissolving as a result. Among those unclaimed properties is the Darksiders franchise, which failed to garner any bids during ...
Microsoft fiscal 2013, Q2: Xbox still on top, Entertainment revenue down
Microsoft's financial statement for the three month period ending December 31, 2012 (aka Q2 fiscal 2013) has been released, and amid the breakdowns of the Windows Division's revenue increase and the Server & Tool division's year-over-year whatever is some information our readers actually care ...
Ni no Kuni Wizard's Edition oversold, some orders being canceled
The special "Wizard's Edition" of Level 5's Ni no Kuni: Wrath of the White Witch, available exclusively through Namco Bandai's online shop, has been oversold, resulting in a multitude of issues for those that placed orders while the package was supposedly still in stock. Digital River, the ...
Court approves THQ asset sales
The U.S. Bankruptcy Court has approved the sale of THQ's assets to Ubisoft, Sega, and other companies, THQ announced this morning. The sales are all expected to close today. THQ totals the proceeds from the sale at $72 million, making a total of $100 million when added to the company's estimate of ...
Report: THQ's WWE license going to Take-Two
While most of THQ's coffers have already been cleaned out, there's been no official word on any party making a move on the WWE license. An IGN source suggests Take-Two will take over the WWE line of games. The negotiations for the WWE license apparently took place outside of the formal THQ ...
Vigil Games Lead Combat Designer stands up, says goodbye
Vigil Games Lead Combat Designer Ben Cureton and the rest of the Vigil staff cleaned out the office today, after Vigil was left untouched at THQ's auction. Vigil was shuttered, and as per THQ's letter to employees, everyone working there was laid off. In a post on NeoGAF, Cureton compared the scene ...
Deep Silver confirms acquisition of Saints Row, Metro and Volition
Koch Media/Deep Silver has officially announced that it has secured the intellectual property rights for two THQ franchises: Saints Row and Metro. It has also obtained Volition, the Chicago-based development studio. "These franchises hold a special place in the hearts and minds of anyone who loves ...
Featured Stories
Publish those numbers! Why RPGs must be transparent about their mechanics
Posted on Jan 25th 2013 6:30PM