Paul Loughrey (Page 19)

Rockstar Games and parent company Take-Two Interactive are apparently unable to escape the ramifications of the now infamous Hot Coffee scandal, as the Los Angeles city attorney's office files a new lawsuit against the firms.

Games industry trade organisation, The Entertainment Software Association, has published the findings of a new independent survey, which indicates that 35 per cent of US parents regularly play videogames.

Microsoft has posted its revenue results for its second quarter, ended 31st December, revealing a loss of USD 293 million from the division which houses its next-generation Xbox 360 console.

Consumer electronics giant, Sony Corporation, has revealed its third quarter financial results, showing a 51 per cent increase in revenue that will result in the avoidance of the company's first annual loss in eleven years.

French software publisher Ubisoft has posted its third quarter financial results, lowering its guidance for the full fiscal year, despite positive revenue increase and record sales for the period.

Speaking at the company's annual press event in San Francisco's bay area yesterday, Konami revealed its plans to provide a new experience for gamers with each of its planned software launches for 2006.

Software publisher Take-Two Interactive has announced a series of changes to its board of directors, including the resignation of audit committee chairwoman Barbara Kaczynski.

The ongoing US political efforts to impose new legislation regarding the sale of violent videogames have taken a new twist, as a Utah representative seeks an amendment to its pornography-based obscenity laws.

After recent unofficial news that a new Star Trek videogame was in development, Elder Scrolls creator Bethesda Softworks has officially announced the acquisition of the exclusive license to create Star Trek video games across all formats.

Videogame publisher and developer Atari is facing renewed financial pressures, having failed to meet repayments on a USD 50 million loan from the HSBC Group.

Rumours circulating the Internet suggesting that Microsoft has ceased manufacturing of its Xbox console and shifted its focus entirely towards its next-generation machine have been dismissed by the company.

Empire Interactive's million selling racing franchise, Ford Racing, is set to attract an entirely new audience this spring, following a new licensing agreement with SEGA that will see the series brought into European arcades.

As industry watchers continue to speculate over consistent rumours regarding the acquisition of UK videogames publisher SCi, a 'secret' investor has quietly secured a fifteen per cent stake in the firm.

Microsoft's much publicised and apparently continuing stock issues for the launch of its next-generation games console has resulted in a reduction in estimates for the company's latest earnings report.

As the Japanese giant finalises plans for the launch of its next-generation PS3 console, Sony continues to expand its exclusive developer group with the acquisition of SOCOM: US Nay SEALs creator, Zipper Interactive.

Electronic Arts maintains its extraordinary lead over the competition this week, as 2005's Christmas number one seller, <i>Need for Speed: Most Wanted</i>, tracks the racing line and holds firmly onto first place.

Details have been confirmed for the fourth annual KRI event, the Russian Game Developers Conference, which will take place in Moscow during April.

The CMP Game Group, organisers of the annual Game Developers Conference, has announced details of the keynote speakers for the Serious Games Summit, which forms part of this year's GDC in March.

Software publisher Eidos has been unwittingly dragged into the anti violent videogames campaign, as members of The National Law Enforcement Officers Memorial Fund have launched a campaign to prevent sales of console title, 25 to Life.

Sydney-based development studio, Perception, has cancelled all work on its near-finished Stargate SG-1 game, with the permanent closure of the studio now a distinct possibility.

Sony Online Entertainment's massively multiplayer online FPS title, PlanetSide, will shortly be available without subscription for a twelve month period to encourage new players to join the growing community.

Software Publisher Take-Two has suffered damage to the headquarters of its sports and value software subsidiaries, following a massive five-alarm building fire in New York at the weekend.

Electronic Arts' movie licensed gangster romp, The Godfather, will not be appearing on PSP or Microsoft's next-generation Xbox 360 console when the game hits retail stores in March.

Videogame advertising network Massive Incorporated has announced a new partnership with development studio Steel Monkeys, for the provision of dynamic advertising in current and next-generation software titles.

Nintendo UK has announced that sales of its DS handheld have surpassed one million in the UK, a significant milestone in less than twelve months since the device was launched.