Industry news articles

"According to a new report, Sony is to introduce a new, slimmer PlayStation 2 hardware model to India and Europe by October 2008 - and is also nearing the launch of a localized version of its PlayStation Network for the Indian region".
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"Microsoft's Aaron Greenberg, director of product management for Xbox 360 and Xbox Live, has been commenting on Microsoft's attempts to attract casual gamers, suggesting that Wii customers are "going to want to graduate to an Xbox 360 experience" over time".
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Top 30 Software Sales in Japan for the week of 6/23/-6/29, from Media Create. 01. Derby Stallion DS (DS) - 148,000 / NEW 02. Tales of Symphonia: Knight of Ratatosk (Wii) - 137,000 / NEW 03. Daigasso! Band Brothers DX (DS) - 120,000 / NEW 04. Hisshou Pachinko * Pachi-Slot Kouryaku Series DS Vol. 12: CR Neon Genesis Evangelion - Shito, Futatabi (PS2) - 55,000 / NEW 05. Higurashi no Nakukoru ni Kizuna: Dai-Ichi-Kan - Tatari (DS) - 42,000 / NEW
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Nintendo sold 235,990 units of its Wii console in the five weeks ended June 29, while sales of the PS3 came to 139,494 units, Enterbrain said. Microsoft Corp's Xbox 360 trails the pack, with sales of 10,964 units. For handheld game players, Sony sold 274,131 of its PlayStation Portable during the five-week period, surpassing Nintendo, which sold 195,714 of its DS gear.
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When Activision and Vivendi Games announced in December that they would be merging their businesses in a transaction valued at $18.9 billion, it appeared as if the $27.50 per-share buyout offer--a then-32 percent premium over market price--was a pretty good deal. However, not all Activision shareholders were willing to so readily embrace the deal that would see World of Warcraft rubbing elbows with Guitar Hero at company socials.
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According to the NPD Group's year-end figures, the US retail gaming industry took in $18.85 billion during 2007. That's nearly twice the Motion Picture Association of America and Nielsen EDI's record-setting US box office take of $9.6 billion for the year. The gaming industry even surpassed DVD sales in 2007, reported to be $16 billion by the Digital Entertainment Group and $15.9 billion by Adams Media Research.
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The international retailer is set to expand into the second-hand games market after seeing tech-related sales increase 50 percent in a year.
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Here comes a new challenger! Ack. Sorry. Couldn't resist. But then neither could Britons, as regardless of its agonisingly late release, Super Smash Bros. kicks off its stay in the charts at #1. Battlefield Bad Company also enjoys a surprisingly strong debut, entering the charts at #2 (and #7), while going the other way - and going the other way fast - is Metal Gear Solid 4, which drops from 1st to 5th, beaten out by such titles as the two above and...Big Beach Sports.
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Excerpt:"We believe Sony will be forced to follow suit [with their own price cut], although we suspect they may wait a little bit," said Arvind Bhatia with Stern Agee. "A price cut sometime between July and September is possible [for PS3]." "Wedbush Morgan's Michael Pachter said that Sony will have to keep pace with a reduced-price Xbox 360 by either cutting the price, or by making "some strides in marketing."
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The soothsayers at analyst group DFC Intelligence have revised their already rosy outlook for the game industry in 2009, predicting that the market, including consoles, PC and online games, could now reach a mind-blowing $57 billion by next year. DFC foresees that much of this growth will be driven by (surprise!) the Wii, a platform DFC's David Cole feels "has the chance to be one of the best selling systems of all-time."
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