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News

Midway CEO defends stock sale, reaffirms confidence in company

Following the sale of some 350,000 shares of his stock in Midway by the publisher's president and CEO David Zucker last week, Zucker has issued a statement reaffirming his confidence in the firm and explaining his reasons for the sale.
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Share price collapse prompts new speculation over Eidos' future

Despite a official denial that any takeover talks are in progress, speculation has once again emerged today that Eidos may be the target of a buyout bid, after its share price collapsed by almost a third in the space of a few hours yesterday.
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Eidos quells takeover rumours, warns of income shortfall

British publisher Eidos has issued a short trading update warning that unit sales of the recently launched Hitman: Contracts have been below expectations, and confirming that it is not currently in takeover talks despite City rumours.
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Namco prepares to celebrate 50th anniversary next year

Japanese publisher Namco has announced plans to commemorate its fiftieth year of operation next year, with a special 50-year logo to be used on a variety of promotional campaigns and advertisements.
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EA and NFL deny reports of exclusive deal

Both Electronic Arts and the NFL Players Association have moved to deny reports that they are working towards a major exclusive deal for player rights licensing, with the Sports Business Journal retracting its original story.
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PlayStation shipments top 100 million units

Sony's PlayStation console has passed a significant milestone in its history, with the 100 millionth unit of PS hardware being shipped earlier this week - almost a decade after it originally launched.
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EA readying $1 billion exclusive NFL deal?

A report which has appeared in a respected American business publication suggests that Electronic Arts may be on the verge of signing a billion-dollar deal for the exclusive rights to use NFL player names and likenesses.
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US Charts: EA dominates April with Fight Night 2004

Electronic Arts' Fight Night 2004 was the top selling game in the USA for the month of April for a significant margin, with strong performances also for Midway's NBA Ballers and Nintendo's Pokemon Colosseum.
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Sammy set to complete Sega takeover with full buy-out

Japanese game publisher and gambling machine manufacturer Sammy Corp has announced that it is to acquire the remaining 78 per cent of Sega's stock which it doesn't already own, in a deal worth 165 billion Yen (1.2 billion Euro).
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UK Charts: Euro 2004 goes top as Pokemon outsells Ninja Gaiden

Electronic Arts has scored its fourth number one of the year, with UEFA Euro 2004 taking the top spot in its second week on sale - while it's a good week for the Cube, with Pokemon Colosseum outselling Xbox exclusive Ninja Gaiden.