Business News

News: Watch as God of War Dev Santa Monica Studio Relocates to a Brand New Office

Watch as God of War Dev Santa Monica Studio Relocates to a Brand New Office

A new beginning

Whoever though that changing buildings could be such an emotional process? As you may recall, Sony Santa Monica - the studio behind the God of War series, as well as several other smaller delights - has been going through a bit of a transformation of late. First, the developer gave its logo a much needed redesign, and now it's moved...

News: PlayStation Hardware Sales Leave Xbox in the Dust

PlayStation Hardware Sales Leave Xbox in the Dust

PS4 reverses firm's fortunes

It’s no real secret that the PlayStation 4 is a runaway success, and that’s been reflected by Sony’s latest hardware sales figures. In the platform holder’s most recent financial report, the company claims that its gaming business has seen a 95.7 per cent increase in revenue year-over-year, with the division...

News: PS4's Homefront: The Revolution Development to Be Finished by Dambuster Studio

PS4's Homefront: The Revolution Development to Be Finished by Dambuster Studio

Deep Silver digs deep to acquire cursed brand

We’re not entirely sure why anyone would want to own the Homefront franchise at this point, as in addition to being a property with very little to differentiate itself from the wealth of other modern military brands on the market, it also appears to carry a curse. After killing off THQ a couple of...

Rumour: Google Gets Twitchy and Acquires Streaming Site for $1 Billion

Google Gets Twitchy and Acquires Streaming Site for $1 Billion

Paranoid Android

You can’t blame Google for wanting to flash a little cash – after all, with corporate competitors Apple and Facebook both splurging some spare change of late, the search engine giant must have been feeling left out. Fortunately, it’s reportedly managed to find a use for the coins stashed down the side of its office sofa – by...

News: Sony's Considering a Steam-Style Early Access Program, Says Adam Boyes

Sony's Considering a Steam-Style Early Access Program, Says Adam Boyes

Let the games begin

It seems that Steam's famous Summer Sales may not be the only thing Sony's thinking about borrowing from the digital download service. In a recent interview, SCEA big-wig Adam Boyes suggested that the firm may be adopting an early access program. If implemented, it would allow studios to release unfinished games for purchase as a...

News: Don't Panic, Sony Hasn't Forgotten About Its VR Headset Project Morpheus

Don't Panic, Sony Hasn't Forgotten About Its VR Headset Project Morpheus

The device has seen "significant investment"

Apart from a few demos behind closed doors, Sony's virtual reality headset Project Morpheus was notably absent from the Japanese giant's E3 presence this year. If the nifty piece of tech's no-show has you worried that the firm has completely forgotten about it, you've no need to fear. In a recent...

News: Shuhei Yoshida Doesn't Understand People Who Don't Like Indie Games

Shuhei Yoshida Doesn't Understand People Who Don't Like Indie Games

Neither do we

If the last two E3s are anything to go by, Sony's continued efforts to court indie developers are paying off. What's more, the Japanese giant seems pretty chuffed with this outcome, as Worldwide Studios president Shuhei Yoshida stated in a recent interview. "Almost every week you see an indie game coming out digitally on PS4. Some of...

News: The PS4 Dev Team Were 'Dancing in The Aisles' After The Xbox One's Price Reveal

The PS4 Dev Team Were 'Dancing in The Aisles' After The Xbox One's Price Reveal

So were we

A lot has been said about the performance of the two major players at last year's E3. Regardless of your view, it's no secret that Sony's super system has been going gangbusters when it comes to numbers. And while it certainly wasn't the most crucial element, the PlayStation 4's significantly cheaper price tag can certainly take a lot of...

News: Crytek Denies It Is On The Verge Of Bankruptcy Following Reports Of Staff Not Being Paid

Crytek Denies It Is On The Verge Of Bankruptcy Following Reports Of Staff Not Being Paid

"We continue to focus on development and publishing"

Crytek — the studio behind the Crysis series and CryEngine — has been forced to issue a statement today regarding claims in the German media that it is on the verge of bankruptcy. German magazine Gamestar is the source of the claims, and says that the Frankfurt-based firm's problems have...

News: Farewell Old Friend! Sony to Cease Selling the PlayStation Portable

Farewell Old Friend! Sony to Cease Selling the PlayStation Portable

Pocketable platform turned off for the last time

While it’s been a non-entity in parts of the Western world for some time now, Sony has confirmed that it will officially pull the plug on the PlayStation Portable this year. The platform holder’s former flagship handheld format originally launched in Japan on 12th December 2004, meaning that it...

News: Kaz Hirai: PS4's Success Will Be Determined by Continued Install Base Growth

Kaz Hirai: PS4's Success Will Be Determined by Continued Install Base Growth

Platform already profitable

There’s no doubt that the PlayStation 4 has raced out of the blocks in fifth gear, but Sony overlord Kaz Hirai reckons that the company is not resting on its laurels yet. While the firm is extremely satisfied with the success of its next-gen device to date, the intelligent executive noted that the system will be...

News: Blimey, Half of All PS4 Users Are Subscribed to PlayStation Plus

Blimey, Half of All PS4 Users Are Subscribed to PlayStation Plus

Money, money, money

The PlayStation 4 is selling like hotcakes – this much we know. But what about the Japanese giant’s premium subscription service? Have people been opening their wallets for PlayStation Plus with similar speed? Well, at a recent investors meeting, Sony president Kaz Hirai revealed that around half of all PS4 users are...

News: Sony Expects to Remain in the Red Next Year As Well

Sony Expects to Remain in the Red Next Year As Well

Company can't stop losing cash

Sony’s the corporate equivalent of one of those kids that drops a fiver on the floor and refuses to pick it up because that would be deemed ‘uncool’. Despite confirming an expected loss of $1.26 billion overnight, the Japanese giant has admitted that it’ll remain in the red next year as well – predicting a...