Majesco Entertainment is finished as a video game publisher — the company has merged with PolarityTE, a company developing tissue regeneration technology, the two firms announced yesterday.Although a news release from Majesco indicated that Polarity will become a … [Read more...] about Majesco merges with medical technology company, exits games business
Game business
THQ exiting kids’ game business
Following rumors that THQ had lost a publishing alignment with Disney and that the company was cancelling its entire 2014 lineup, the publisher this morning announced a new business strategy for 2012 and beyond. According to a statement issued by the company, THQ is exiting … [Read more...] about THQ exiting kids’ game business
Disney’s game business surges, but layoffs are on the horizon
Disney's video game business is booming, but layoffs loom on the horizon.The media giant announced today that Disney Interactive revenue increased 38 percent to $403 million for the quarter ended December 28, while operating income increased $46 million to $55 million. The uptick … [Read more...] about Disney’s game business surges, but layoffs are on the horizon
Volition developer blasts used game business
The used game business is a contentious issue. For companies like GameStop, sales of used games are big business, but those who actually develop games don't see a dime when people purchase their titles secondhand. One developer recently vocalized his take on the used game market, … [Read more...] about Volition developer blasts used game business
Walmart Jumping Into Pre-Owned Games Business
Mega retailer Walmart is jumping into the used video game business, the company announced today.Starting later this month, gamers will be able to trade in their games at Walmart and receive store credit that can be spent on anything sold at either Walmart or Sam's Club. Purchases … [Read more...] about Walmart Jumping Into Pre-Owned Games Business