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3:45 PM on 06.27.2014

Money in the bank: Nintendo's still got over $10 billion in assets

We've long known about Nintendo's war chest, which in 2012 was $10 billion in the bank and $6 billion in additional assets. Those numbers have shrunk (probably due in part to the large scale share buyback for investors with c...

Steven Hansen

2:45 PM on 06.27.2014

Mario Kart 8 sales hit 2 million in under a month

Mario Kart 8 sold 1.2 million copies in its first weekend of release. Reports from Nintendo's shareholders meeting are putting the sales, just under a month after release, at 2 million now. Pretty good for a Wii U game.&...

Steven Hansen

10:15 AM on 06.26.2014

Worldwide gaming market expected to hit $100 billion in yearly sales by 2018

Projected game sales for 2014 are expected to total $64 billion dollars globally. By 2018, the global sales have been projected to reach $100 billion, mostly due to the giant leap in mobile gaming. Burgeoning economies in cou...

Brittany Vincent

10:00 PM on 06.25.2014

Turns out Notch bought an Aphex Twin album for $46,000

One of the more interesting Kickstarter projects in recent memory is the Caustic Window project, an effort to buy and then release copies of a fabled "lost" album from electronic maverick Aphex Twin. After being successfully...

Alasdair Duncan

9:00 AM on 06.25.2014

Crytek allegedly having trouble paying staff, cancels Ryse sequel

Crytek's various studios have been bleeding staff, cancelling games (including a sequel to Xbox One exclusive Ryse), and struggling to pay staff, according to sources speaking to Kotaku and Eurogamer.  Kotaku's ten ...

Steven Hansen

3:30 PM on 06.17.2014

PewDiePie reportedly earns $4 million a year

In a piece on Felix "PewDiePie" Kjellberg, The Wall Street Journal reports that the famed YouTube personality brings in millions of dollars generated from ads placed on his videos. Make that around $4 million per year, ...

Jordan Devore





10:30 AM on 06.17.2014

Watch Dogs, PS4 top May software and hardware sales

The PlayStation 4 was once again the top selling console in May of 2014, though we haven't had a specific sales numbers update from anyone in a while. As for software, Ubisoft's day-one sales record holder Watch Dogs, re...

Steven Hansen



Capcom shareholders vote not to block company sale photo
Capcom shareholders vote not to block company sale
by Abel Girmay

Capcom announced today that its latest shareholder meeting has resulted in an official end to the company's buyout defense. Originally placed in 2008, the defense strategies were set in motion to defend Capcom from being acquired by any one person or entity trying to suddenly buy a majority stock.

This doesn't make Capcom completely defenseless in the event of a buyout, but it does mean Capcom no longer has the backing of shareholders should someone try to swoop in. It's no secret that the publisher has been financially troubled as of late, and its shareholders aren't comfortable stomaching anymore it seems.

So let your imaginations run free in comments. Anyone you would like, or dislike, to see buy up a controlling share? I'll admit I'm not terribly concerned myself, but that could have more to do with my relative disinterest in Capcom's recent library.

Capcom shareholders open company up to takeover possibility [Gamasutra]

view full story + comments


4:00 PM on 06.09.2014

Journey composer facing $50,000 fine from Musicians Union

If you've played the likes of Journey, Monaco, or The Banner Saga, then you'll have heard the wonderful music composed by Austin Wintory. Unfortunately, the Grammy-nominated composer is under fire from his union, the America...

Alasdair Duncan

8:00 PM on 06.02.2014

Dota 2 International prize pool up over $8 million

Ten bucks gets you the Dota 2 Compendium, which guy who actually knows about Dota 2 Patrick Hancock says is better than last year's. A portion of the purchase also goes towards raising The International tournament prize pool. Last year, the prize pool was $2,874,381. Right now it's $8,304,958. The stretch goals only go up to $10 million. Crazy!

Steven Hansen

4:45 PM on 06.02.2014

Sue-thing: EA owes NCAA players up to $40 million

In 2009, former NCAA players sued EA, claiming their likeness was used by EA without their consent and without compensation. EA tried long and hard to have the suit dismissed, but was forced to settle last year, for what was ...

Steven Hansen

1:45 PM on 05.30.2014

Candy Crush earned more than all of Nintendo last quarter

Here's a little bit of perspective as to how insanely popular King and Candy Crush Saga is. Last quarter, it out-grossed all of Nintendo combined. That's right -- Nintendo, one of the most recognizable names in gami...

Brett Makedonski

7:00 PM on 05.29.2014

Arma 3 sales cross 1 million

We're always talking about DayZ sales -- now over 2 million -- but the game that made DayZ possible, Arma, is quietly doing well in its own right for developer Bohemia. Arma 3 has just crossed one million sold. Bohemia boss Marek Spanel announced the milestone on Twitter and provided a visual roadmap for the next two years of Arma 3. It includes a major expansion and helicopter and marksmen DLC.

Steven Hansen

1:00 AM on 05.29.2014

Nvidia's Titan Z costs more than the last car I bought

Nvidia is preparing to launch the previously announced GeForce GTX Titan Z. It costs three grand. Roughly $.50 for each of its 5,760 CUDA cores or $250 for each gig of its 12GB GDDR5 VRAM. This is not a product for normal human consumption, of course, unless you are a lunatic or think your four door sedan could use a jet engine.

Steven Hansen

12:30 PM on 05.27.2014

thatgamecompany raises $7M for next game

Hearing stories about the development of Journey, we're fortunate thatgamecompany was able to pull through and finish the game given its financing woes. At least for the time being, the studio is set -- an additional $7 milli...

Jordan Devore

7:30 AM on 05.27.2014

Sony ramps up to launch PlayStation in China

Now that the ban on game consoles in China is up, Sony is gearing up to get their systems on shelves there. Bloomberg reports that Sony has formed two ventures with Shanghai Oriental Pearl Group to start selling PlayStation s...

Dale North