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Second hand market is here to stay, say legal experts

Even if it were technically possible to restrict console titles to being played on a single machine, any attempt to shut down the second hand software market is likely to run into major legal concerns, a top UK lawyer has told <i>GamesIndustry.biz</i>.
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Mad Catz sees Q4 profits slide

Mad Catz Interactive has announced its fourth quarter and full fiscal year financial results, showing a marked decline in sales and a Q4 loss of USD 3.3 million as a result of the console hardware transition.
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HEY PRESTO!

The Game Factory Announces Noddy and the Magic Book for PlayStation®2™
News

Take-Two reports heavy second quarter losses

Take-Two Interactive has released its financial results for the second quarter ended April 30th, revealing an increase in revenues but an overall loss of USD 50.4 million as cost-cutting exercises continue.
News

Wii name has never been a mistake - Iwata

Nintendo president Satoru Iwata has defended the name of Nintendo's next-generation console, saying he's glad he helped come up with it despite all the criticism it has come in for in the media.