Archive (Page 4497)

The UK division of German publisher CDV is likely to close its doors at the end of the summer, as rumours circulate that tough restructuring measures undertaken by the company may not be enough to rescue it.

War and Chaos set to go online

The long-running saga of Vivendi's entertainment unit - which houses the Vivendi Universal Games division - continued this week with news that the company is seeking new bids, but may decide not to sell after all.

With EyeToy: Play still throbbing away at the top of the charts, Sony has officially confirmed that the next title to use the Logitech-made USB webcam will be EyeToy: Groove, a rhythm-action title due out in Q4 this year.

Publisher THQ has changed its financial forecasts for the rest of the year, moving some revenues back into the third fiscal quarter due to the slippage of key titles Sphinx and the Cursed Mummy and Warhammer 40,000: Firewarrior.

It's hardly a major shot in the console wars, but Sony's online ambitions have been reaffirmed today with the news that SCEA is set to launch a bundle featuring a PS2 console, network adapter and online-enabled game for $199.99.

The European release schedule for the Cube this Christmas has been revealed, showing a number of key titles being launched in November - and the company has apparently made another U-turn on the e-Reader.

Details of the sale of the remaining asset lots in the 3DO bankruptcy auction have emerged, with bidders including JoWooD, Crave and ex-CEO Trip Hawkins himself walking off with the defunct company's assets.

The largest game retail chain in the USA, Gamestop, has made its most aggressive move in recent years into Europe with the purchase of a majority shareholding in Irish retailer Gamesworld.

A report in a Japanese business magazine has suggested that Nintendo may release its next home console later than expected, although the company still plans to be first to market in the next generation race.

Mobile phone giant Nokia is to acquire the assets of Sega's online and wireless gaming operation to boost its own N-Gage online games device.

Publisher Acclaim has reported a large loss in its first quarter, and the company has warned that even slight deviation from the company's recovery plans could result in it being unable to meet its financial obligations.

Nintendo has decided against the release of its e-Reader GBA peripheral in Europe despite confirming earlier this year that it would indeed be released here in October, according to reports this morning.

Sony's Eye Toy: Play is undoubtedly the hit of the summer with UK consumers, with the quirky package returning to number one in the charts this week - outselling Nintendo's Pokemon titles in the process.