Games Industry Wire

Majesco has rejected an offer from Trinad to purchase 2 million shares. Majesco believes that Trinad is seeking to gain control of the company, and Majesco insists that they have enough capital to continue to operate without that large investment.
In an open letter, Majesco claimed Trinad was “effectively seeking to acquire control of the company without paying any consideration, let alone a control premium, to our shareholders.”
Since Majesco is not in the best financial position but still rejected the offer, that was probably a very hard decision to make.
(Source)

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With the release of the Xbox 360, Xbox Live has become a significant part of the Xbox experience.
Microsoft released new numbers for their Xbox Live service. They claim that gamers have spent more than 1.5 BILLION hours gaming on Xbox Live since the launch in 2002. Halo 2 alone accounted for accounted for 500 million hours of the 1.5 billion. Now, however, the Xbox 360 is really showing us what online gaming is all about.
Around 60 per cent of Xbox Live account holders have used the Xbox Live Arcade, and more than 3 million games have been downloaded. On average, …read more

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PCs have always been ahead of consoles in gaming, but with the Xbox 360, Microsoft was on the cutting edge of graphics and hardware. Now, however, Dell has regained the top position with the XPS Renegade. This looks like an amazing pieice of machinery. Here are some of the specs:
* Custom Paint Job from Mike Lavallee
* Signed by Mike Lavallee and Michael Dell
* Quad NVIDIA SLi Technology (Total 2GB of Video Memory) 4 Video Cards!!
* NVIDIA nForce 4 SLi Technology
* Intel Pentium 4 Extreme Edition Dual Core 955 w/ HT overclocked to 4.26 GHz
* Dual Western Digital “Raptor” 160gig Raid …read more

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Just an FYI post to let everyone see Amazon.com’s list of Top selling video games for the Xbox, Xbox 360, PS2, and Game Cube
Xbox 360

The Elder Scrolls IV: Oblivion – 2K Games
Ghost Recon: Advanced Warfighter – Ubisoft
Blazing Angels: Squadrons of WWII (pre-order) – Ubisoft
Call of Duty 2 – Activision
The Outfit – THQ
Fight Night Round 3 – EA Sports
Burnout Revenge – EA
Madden NFL 06 – EA Sports
Battlefield 2: Modern Combat – EA
Tiger Woods PGA Tour 06

Xbox

Halo 2 – Microsoft
The Godfather – EA
Black – EA
Star Wars: KOTOR II – LucasArts
Lego Star Wars – Giant Interactive
Madden NFL 06 – EA Sports
Elder Scrolls III: …read more

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According to Dean Takahashi, author of the forthcoming book” Launch of the Xbox 360,” Microsoft is launching in to the handheld gaming industry alongside Nintendo and Sony. Supposedly, J Allard is heading up the project now that the Xbox 360 is in cruise control. The device will allow users to watch movies, play games, and listen to music. With the launch of this product, Takahashi insists, Microsoft will also announce an itunes-like service to distribute music.
All this sounds real fun, but as most of us know, this has been speculated and shot-down before. So, is this real? I’m not …read more

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Ubisoft, I believe, has created the first killer app for the 360, Ghost Recon: Advance Warfighter, and it seems that gamers are letting Ubisoft know the game is amazing.
Ubisoft’s shares have risen 4% on account of this one title for the 36O and Xbox. GRAW has sold over 240,000 in the US and 120,000 in the UK and, as of right now, is the fastest selling 360 game thus far.
Yves Guillemot, Ubisoft Chairman said, “Tom Clancy’s Ghost Recon Advanced Warfighter had the best ever first-week sales performance for our company and is looking like a major commercial success.”
I love to …read more

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In a recent interview, Shane Kim, general manager of Microsoft Game Studios, played down Sony’s announcement by saying, “For us, Sony’s announcement doesn’t change anything. We’ve had a very clear strategy for a long time now and we’re not going to change that. We’re not going to react to anything that they do.” He is merely assuring the public that Sony’s announcement has not changed Microsoft’s game plan, and Microsoft may still have a few tricks up its sleeves.
Kim also commented on the “worldwide” launch that Sony proposed. Kim knows the difficulty of launching a console worldwide; Microsoft tried, and …read more

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On account of Sony’s PS3 announcement today, Activision, EA, and other game publishers’ shares rose. The announcement included a worldwide fall release date and more information on the mute, rumor ridden, and secretive plans for the PS3.
Sony was originally targeting a spring debut for the PS3 in Japan and many U.S. game makers and analysts had anticipated that the new console would be shipped to the United States in November — in time for the holiday season, when U.S. video game publishers rack up about half of their annual sales.
Shares of EA and Activision, the biggest …read more

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The agreement, outlined in a 10-Q filing yesterday, is for a three-year term, and provides for the payment of $25 million in restricted stock, plus unspecified internal royalties.

The 10-Q explores the value of Rockstar’s creative heads, and the risk to the company of any failure to offer a decent package to GTA’s bosses. It states, “We rely on our management and other key personnel for the successful operation of our business. In particular, we are highly dependent on the expertise, skills and knowledge of certain of our Rockstar employees responsible for content creation and development of Grand Theft Auto and other titles.”

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Reports from development sources close to Sony Computer Entertainment are indicating that the firm is planning a major digital distribution service for game content, which could be a key element of PlayStation 3 – or even of a relaunched PS2.

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