Business News

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...

News: Sony's Still Bleeding Money, But PS4's in Beast Mode

Sony's Still Bleeding Money, But PS4's in Beast Mode

Marathon sprint

The reason behind Microsoft’s temporary Xbox One price drop is looking clearer by the minute: Sony has now shipped 13.5 million PlayStation 4 consoles worldwide – and it hasn’t even been out a year yet. The company added 3.3 million units to the system’s total tally in the quarter spanning July to September, boosting game...

News: Sony Reckons Project Morpheus Is Seriously Game Changing Technology

Sony Reckons Project Morpheus Is Seriously Game Changing Technology

Bigger than Ben Hur

At a recent DICE talk attended by Polygon, Sony big-wig Dave Ranyard spoke at length about the firm's upcoming virtual reality headset, Project Morpheus. In particular, he spoke about whether or not the dapper device has the potential to be as revolutionary as sound was for silent films. "Is virtual reality a d

News: Despite PS4's Success, Sony Expects to Lose a Lot of Money Again

Despite PS4's Success, Sony Expects to Lose a Lot of Money Again

Just a few billion

Just when things were starting to look up for Sony chief Kaz Hirai, the sky has come crashing down again. The company has quadrupled the amount of cash that it expects to lose for the current financial year, this time blaming its smartphone business on the issue. It described the problem as “the impairment of goodwill in the...