Business News

News: Sony's Doing Pretty Darn Well at the Moment

Sony's Doing Pretty Darn Well at the Moment

Company smashes earnings expectations

For a huge chunk of this site's life, we've reported on Sony's financial losses. You could guarantee that each quarter without fail, the firm would be in the red. But ever since Kaz Hirai took the helm, the company's trajectory has started to change. And, while it's nowhere near the juggernaut that it once...

News: Konami: Metal Gear Solid Can Continue without Kojima

Konami: Metal Gear Solid Can Continue without Kojima

Company's not ditching consoles, apparently

Metal Gear Solid V: The Phantom Pain is very likely the last game in the series from Hideo Kojima, and it could be the final entry in the franchise full stop. However, speaking with Game On Daily at EGX 2015 last week, community manager Graham Day stressed that the company's committed to continuing the...

News: It Looks Like Digital Is the Future for Capcom 

It Looks Like Digital Is the Future for Capcom 

Publisher expects digital sales to take off

The digital versus retail discussion has been dragging on for years now, but Japanese publisher Capcom is expecting to see an undeniable turn towards the former in the near future. The company reckons that digital sales will count for the majority of its overall unit sales in the fiscal year ending March...

News: PS4 Takes Centre Stage in Sony's Big New Three Year Strategy

PS4 Takes Centre Stage in Sony's Big New Three Year Strategy

Growth driver

It's been obvious for a while, but Sony will continue to bet on the PlayStation 4 to put it back in the black. As part of a corporate strategy meeting earlier this week, the Japanese giant labelled its gaming business as a "growth driver", and recognised it as pivotal in its ambition of raising ¥500 billion ($4.2 billion) in earnings...

News: Colossal PS4 Sales Propel Struggling Sony to Profitability

Colossal PS4 Sales Propel Struggling Sony to Profitability

Job done

If you wondered why Sony was doubling down on PlayStation across the board, then its financial report for the quarter ending 31st December should give you some idea. According to data released by the Japanese giant overnight, the company turned a rare profit over Christmas – aided significantly by staggering PlayStation 4 sales numbers...

News: Sony Online Entertainment Drops PlayStation Exclusivity as Part of Acquisition

Sony Online Entertainment Drops PlayStation Exclusivity as Part of Acquisition

Now named Daybreak Game Company

Who wants a bombshell to shake them out of their Monday slumber? Sony Online Entertainment, the company behind EverQuest, has announced that it has been acquired by a New York-based investment company named Columbus Nova, meaning that the internally founded outfit will be going multiplatform in the future. The...

News: Starbreeze Studios Sells Off Brothers: A Tale of Two Sons to 505 Games

Starbreeze Studios Sells Off Brothers: A Tale of Two Sons to 505 Games

A new chapter

Ask anyone who has played Brothers: A Tale of Two Sons and they'll tell you that it's a fascinating adventure that culminates with an emotional punch to the gut. Future sequels were hardly implied by this standalone indie title, however, but developer Starbreeze Studios has announced that it has handed the property over to publisher...

Rumour: Sony's About to Get Really Aggressive in China

Sony's About to Get Really Aggressive in China

Business development

Considering that PlayStation is already enormous in Japan and most of Asia, it was strange to see Sony allow the Xbox One to deploy in China first. Microsoft’s machine launched in the potentially lucrative region earlier in the year, and there’s been very little word from its rival when the PlayStation 4 will follow in its...

News: Oops, Sony Will Be Compensating Vita Early Adopters for Misleading Marketing

Oops, Sony Will Be Compensating Vita Early Adopters for Misleading Marketing

Never stop paying

You may recall that a few years back, Sony was embroiled in a legal minefield over its marketing of the PlayStation Vita. If you're interested, and have a head for legal mumbo-jumbo, you can take a look at the US Federal Trade Commission's original charges through here. For the rest of you, though, the basic gist is that the...

News: Crikey, the PS4 Is the Fastest Selling Console in Australian History

Crikey, the PS4 Is the Fastest Selling Console in Australian History

That's not a console, THIS is a console

That's right, its time for some more mindboggling PlayStation 4 sales numbers. This time they come courtesy of Michael Ephraim, the head of SCE Australia. "We have been truly humbled by the incredible response to the PS4 from Australian gamers," the big-wig said at a recent press event. "It is my pleasure to...