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Games Industry Wire

‘Wire’ Reports

by Kris on June 24th, 2007

  • According to Gamasutra “CMT, MTV’s lesbian, gay and bi-sexual focused network Logo, and top anime distributors have been added to its Xbox Live Video Marketplace, as well as a number of recent hit films” have been added to Xbox Live recently.
  • Gametap has launched a free, advertising supported version of their product.
  • A film based on the game series Spy Huneter will move forward.
  • Some top Nintendo execs may be leaving the company soon.
  • Major League Gaming has acquired GotFrag.com and appointed a new CEO.
  • Sony has claimed that 1 million PS3s have been sold in Europe.
  • Reports suggest the Xbox 360 will be getting a price cut in the near future.
  • 60% of Nintendo’s sales and marketing staff may leave the company as it looks to relocate its offices.
  • Disney will reportedly triple spending on game development.
  • Take Two has announced a $50 million decrease in revenue for their second quarter.
  • The Wii outsold the PS3 greater than 5:1 in May.
  • Halo 3 Beta has over 12 million gameplay hours among other impressive stats.
  • Take-Two will reportedly announce major European layoffs.
  • May game sales were up by 31%, mainly due to Pokemon.
  • EA has announced EA Playground for the Wii.
  • Blockbuster has sided with Blu Ray in the so-called “format wars”.
  • Fox has signed a Halo 3 merchandising deal.

POSTED IN: 'Wire' Reports

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