'Playstation 3'

Analyst fears video game industry may hit six-year low

By: |May 14th, 2012 at 11:45PM
Filed Under: Business, Gaming
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NPD Group last week announced that video games sales for the month of April were down 26% and software sales plummeted from $630.4 million to $307.2 million, representing a 42% decline from April 2011. The numbers shocked industry analysts, who predicted a maximum software decline of 27%. The only segment of the gaming industry that did not suffer was the accessories segment, which grew a mere 0.5% from $147.8 million last year to $148.6 million this year. According Gamasutra analyst Matt Matthews, “sho...

Microsoft may be readying a subscription-based $99 Xbox 360 and Kinect bundle

By: |May 2nd, 2012 at 02:25PM
Filed Under: Gaming, Rumor
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Microsoft is reportedly planning to launch a subsidized Xbox 360 and Kinect bundle with a monthly subscription option, according to The Verge. The software giant may offer its 4GB gaming console alongside its motion sensing input device for $99 with a two-year commitment, and an early termination fee will be included for contract breakers. Subscribers will then pay a monthly $15 fee that includes access to Xbox Live Gold, a two-year warranty and possibly additional streaming content as well. Microsoft will a...

Call of Duty: Black Ops II trailer released [video]

By: |May 2nd, 2012 at 01:30PM
Filed Under: Gaming
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Activision on Tuesday announced the next entry in the Call of Duty franchise, Call of Duty: Black Ops II, a sequel to one of the most successful games of all time. Treyarch, the studio behind the original Black Ops title, is developing the sequel. Call of Duty: Black Ops 2 propels players into a 21st Century Cold War, where technology has created a new generation of warfare. Activision chief Eric Hirshberg previously said, “The next Call of Duty will bring meaningful innovation to the series.” The...

More than one in five U.S. households have a TV connected to the Internet

By: |Apr 30th, 2012 at 10:34PM
Filed Under: Gaming, Internet, TV
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​Approximately 27 million U.S. households, more than one in five, have either an Internet-ready TV, game console, standalone Blu-ray player, and/or smart set-top box connected to their home network, according to ABI Research. Gaming consoles are the most popular devices, with a connection rate of over 80%, followed by Internet TVs (27%), standalone Blu-ray players (24%) and smart set-top boxes (13%). The research also indicated that a relatively large number of consumers have not connected some devices to t...

Crysis 3 gameplay trailer released [video]

By: |Apr 25th, 2012 at 02:25PM
Filed Under: Gaming
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Electronic Arts and Crytek last week announced the highly anticipated next installment of the Crysis franchise, Crysis 3, alongside a 19-second teaser trailer. On Tuesday, the two companies issued the official gameplay trailer that showcases the game’s stunning graphics. The third installment of Crysis is set in 2047, and users control protagonist “Prophet” as he returns to New York only to discover that the city is covered by a giant Nanodome created by the evil Cell Corporation. This dang...

CryENGINE 3 gives us a glimpse at the future of gaming [video]

By: |Apr 16th, 2012 at 02:00PM
Filed Under: Gaming
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Devices like Apple’s iPad have shown the world that huge advances have been made in mobile gaming over the past few years. Featuring the Apple A5X processor with quad-core graphics, the third-generation iPad takes mobile video games to new heights on iOS devices, but technology blogs and the media tend to get a bit carried away in terms of comparisons between console gaming and mobile gaming. Gameplay itself paints an obvious picture, and the numbers do as well; Microsoft’s seven-year-old Xbox 36...

Video game publishers need to embrace different pricing models to survive, Nexon CEO says

By: |Mar 15th, 2012 at 06:40PM
Filed Under: Business, Gaming
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Nexon, the free-to-play gaming developer behind the hit game MapleStory, sees the traditional publishing model fading away. As game consoles become more advanced, video game budgets continue to increase and publishers are forced to charge consumers more for each game. But the $60 price tag associated with today’s games will simply not survive, Nexon America CEO Daniel Kim told GamesIndustry International. “I think at some point the console makers have to make a decision about how closed or open th...

The iPad could be the future of gaming

By: |Mar 13th, 2012 at 04:30PM
Filed Under: Gaming, Tablets
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With Friday’s release of the new iPad, Epic Games president Mike Capps has offered a huge amount of praise for Apple’s new tablet in the context of video games. “Apple is definitely building their devices as if they care a lot about ‘triple-A’ games,” said Capps, in an interview with Reuters. Only the highest-quality games are considered “triple-A” titles, most of which cost tens of millions of dollars to produce and are usually found on the Xbox 360 and PlaySta...

Video game sales continue to slide in February, Xbox still top console

By: |Mar 9th, 2012 at 11:00PM
Filed Under: Business, Gaming
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The video game industry continued to struggle in the United States last month as sales slid yet again according to market research firm The NPD Group. After dropping 34% year-over-year to $750.6 million in January, total video game hardware, software and accessory sales in the U.S. dipped to $1.06 billion in February, down 20% from the same period in 2011. Hardware sales dropped 18% to $381.4 million, software sales declined 23% to $464.4 million and accessory sales were down 16% to $215.2 million. ”Ou...

Nielsen: 56% of U.S. households own a current video game console

By: |Mar 9th, 2012 at 10:15PM
Filed Under: Gaming
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Over the last year, the total time spent playing video games increased 7% and purchases of digital content and subscriptions rose 8% according to a study from Nielsen. Over half of all households, 56%, owned at least one current-generation gaming console as of January 2012, an increase from 50% in 2011. Mobile, handheld and tablet gaming continues to grow as well, with 66% of households with kids between 6 and 12 years old owning a Nintendo DS or Sony PSP, while also owning an iOS device. More adults ages 25...

Epic shows us the future of gaming with new Unreal Engine 3 reel [video]

By: |Mar 8th, 2012 at 12:15PM
Filed Under: Gaming
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Apple’s unveiling of the new iPad overshadowed plenty of big news on Wednesday, and Epic Games’s unveiling of a brand new Unreal Engine 3 feature reel is something we couldn’t let slip through the cracks. The popular lab took to the annual Game Developers Conference in San Francisco on Wednesday to show off the latest features of its Unreal Engine 3, the latest version of Epic’s popular platform. Shown in the reel is a small sampling of what developers can accomplish with the latest ve...

New gameplay details emerge for Resident Evil 6 [video]

By: |Feb 16th, 2012 at 07:30AM
Filed Under: Gaming
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Last month, Capcom announced that the sixth installment of the company’s Resident Evil series would launch for the Xbox 360 and PlayStation 3 on November 20th, with a PC version coming soon after. Details surrounding the game were few and far between, however Capcom previously announced that Leon Kennedy and Chris Redfield would join forces in a world where bioterrorist attacks have turned everyone into a zombie. According to Japanese gaming magazine Famitsu, Capcom has now confirmed that the undead wi...

Video game sales plummet in January, Xbox leads consoles for sixth straight month

By: |Feb 10th, 2012 at 04:40PM
Filed Under: Business, Gaming
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Sales of video game hardware and software in the United States plummeted last month according to new data from market research firm The NPD Group. The firm’s January figures suggest that sales of video game hardware fell 38% to $199.5 million, down from $324 million in January 2011. Video game software sales slid 38% as well in January, falling to $355.9 million, and sales of accessories in the U.S. dropped 18% year-on-year to $195.2 million. Total industry sales were down 34% to $750.6 million. “...

Sony posts huge $2 billion net loss in Q3, cuts forecasts

By: |Feb 2nd, 2012 at 06:40AM
Filed Under: Business
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Kazuo Hirai was appointed Sony’s new chief executive on Wednesday and one day later, the company reported a wider than expected loss in the third fiscal quarter of 2011 that sent its stock tumbling more than 6% in early trading. The firm posted an operating loss of $1.2 billion on $23.4 billion in revenue, down more than 17% compared to the same quarter in fiscal 2010, and its net loss for the quarter totaled $2 billion. Sony also said it now anticipates a full-year loss of $2.9 billion, more than twice...