Posts tagged @business 
Rhode Island owns Amalur, all other 38 Studios intellectual property if studio defaults
If 38 Studios does shutter, beyond Rhode Island taxpayers having to pay off the $75 million bond (plus interest) through 2020, it appears the state will also own the intellectual property of the developer as a parting gift. Reviewing updated documentation released by the Rhode Island Economic ...
Nvidia's GRID platform hopes to dramatically improve cloud gaming
Using words we don't quite understand, Nividia has announced a new platform that will conceivably make cloud gaming a much more viable prospect. The Geforce GRID platform features "dedicated ultra-low-latency streaming technology and cloud graphics software" and the company believes it will ...
Capcom re-evaluating on-disc DLC, is 'listening'
Capcom is revising its DLC strategy to include less content on-disc at launch, senior vice president Christian Svensson writes in a post in the Capcom forums. "We would like to assure you that we have been listening to your comments and as such have begun the process of re-evaluating how such ...
38 Studios whiffed last loan payment, received nearly $50 million from Rhode Island thus far
The hits keep coming for ex-baseballer Curt Schillings' 38 Studios. The company reportedly missed its latest loan payment of $1.125 million to the state of Rhode Island on May 1, effectively defaulting its $75 million loan. WPRI spoke with Rhode Island House Speaker Gordon Fox who confirmed the ...
THQ sees net loss of $239.9 million, still in business
THQ saw a net revenue loss of $239.9 million for the fiscal year ending March 31, 2012, $100 million more than the previous fiscal year's loss of $136.1 million. "We have made significant changes to our business, and are on track to execute our strategy of delivering quality connected core gaming ...
South Park: The Game delayed to early 2013
South Park: The Game was originally announced with a launch in the second half of 2012, but it has been pushed to Q4 of FY2013, THQ's financial statement reveals. THQ's financial years run April through March, putting the new launch window in early 2013 territory. Developer Obsidian Entertainment ...
Bringing a Chinese shooter to the west with Mercenary Ops
Mercenary Ops is something of a rarity. While there are quite a few Western-developed games being published in Asia by Chinese and Korean companies, there aren't a lot of Chinese-developed online titles being published by Western companies. Developed in China by Yingpei Games, which used to be ...
Ubisoft profits in 2012, 'core gamers' drive rise in sales
Ubisoft ended the 2012 financial year on the up, reporting a gross profit of €718 million ($917 million) and sales up 2.1 percent to €1 billion ($1.4 billion) year-over-year, according to its financial results for 2011-2012. Ubisoft ended fiscal 2011-12 with net income of €37.3 ...
Ubisoft expects next-gen consoles to integrate 'item based model'
Ubisoft likely knows more about the next generation of consoles than we all do, thanks to working on games for them and stuff, and it sees them going in a social gaming-oriented direction. The company's earnings release features an outlook for the next year, in which Ubisoft CEO Yves Guillemot ...
Blizzard offering refunds for AU Diablo 3 pre-orders unserved by GAME
Just because you're far away from Blizzard, Australia, doesn't mean that the publisher doesn't love you. Case in point: after hearing about the issue with Australia's GAME retail chain and how that could affect Diablo 3 pre-orders (it would effectively cancel them without refund), Blizzard took to ...
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Rhode Island owns Amalur, all other 38 Studios intellectual property if studio defaults
Posted on May 16th 2012 4:32PM