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GigaMedia: Preliminary 1Q 2013 Results in Line with Guidance; 1Q Investor Call Rescheduled to May 21

TAIPEI, Taiwan, May 17, 2013 /PRNewswire/ — GigaMedia Limited (NASDAQ: GIGM) (“GigaMedia”) today announced preliminary first-quarter 2013 consolidated financial results were in line with guidance and rescheduled the company’s first-quarter 2013 investor call to
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KL games studio gets US$250K from Singapore VC

Crystal Horse’s eighth investment in a Malaysian startup Nexx already profitable, new funds to be used to market upcoming titles SINGAPORE-based Crystal Horse Investments Pte Ltd said it will be pumping US$250,000 in seed funding into Kuala Lumpur-based iOS games development and publi
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Google Plus Games being shut down June 30

Share Tweet Share Google will shut down the Games section of Google Plus on June 30 to make way for Google Play game services, the company announced yesterday.
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Ubisoft Report Game Revenues of €175 million for Q1 2013

Ubisoft have posted first quarter results of €175 million compared to €161 million in 2012, representing an increase of 8.7%. For the full fiscal year, revenues from core gamers totaled €928 million, up 60% year on year.  The increase was fueled by record-breaking sales for Assassin’s
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Ubisoft: next-gen will offer ‘major leap in quality’

Next-generation platforms from Microsoft and Sony will offer a “major leap in quality,” according to Ubisoft CEO Yves Guillemot. Speaking today during the company’s latest earnings report, the executive shared high hopes for the upcoming systems.
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Tencent’s Net Profit Rises 37%, Beating Expectations On Online Games

By Paul Mozur BEIJING–Tencent Holdings Ltd. (0700.HK), China’s largest listed Internet company, said Wednesday that its first-quarter net profit rose 37% on strong revenue growth from online games.
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Magic Remains In Disney’s Kingdom After Strong Results

Disney (DIS) registered overall revenue growth of close to 10% in Q2 fiscal 2013, which is impressive for a company of its size. [1] It primarily operates in the mature market of North America, which accounts for three-fourths of its total revenues.
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Angry Birds dev launches Rovio Stars, third-party publishing label

Share Tweet Share Angry Birds maker Rovio Entertainment will soon begin publishing third-party mobile games under its new Rovio Stars initiative, the Finnish company announced today.
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GameStop digital executive leaves

Retailer’s general manager of digital distribution Steve Nix departs company for position at investment firm.
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Video Game Publisher Square Enix Post $134.8m Loss for Fiscal Year Ending March 31, 2013

Square Enix have posted a loss of ¥13.7 billion ($134.8m) for the fiscal year ended March 31, 2013. This is a substantial year-on-year decrease from the ¥6 billion profit posted in 2012. According to the games publisher, the “under-performance” of  key titles such as Tomb
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Samsung Invests In Cloud Gaming Company

Samsung Ventures, the venture capital arm of the Samsung Group, has invested in Ubitus, a Taipei-based company of cloud gaming solutions. Ubitus said that is has raised over $15 million cash from multiple international investors including Samsung Ventures for further spearheading the
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China Mobile Games and Entertainment Group Announces Launch of Three New Proprietary Mobile Games

GUANGZHOU, China, May 13, 2013 (GLOBE NEWSWIRE) — China Mobile Games and Entertainment Group Limited (“CMGE” or the “Company”) (Nasdaq:CMGE), a leading mobile game company in China, announced that it will soon release ‘War Valley,’ ‘Xian
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Sky-mobi Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Fiscal Year 2013

HANGZHOU, China, May 13, 2013 (GLOBE NEWSWIRE) — Sky-mobi Limited (“Sky-mobi” or the “Company”) (MOBI), a leading mobile application store and mobile social network community operator in China, today announced unaudited financial results for the fourth qu
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Yahoo acquires Mobile Game Company Loki Studios

Yahoo has acquired mobile gaming company, Loki Studios, taking its total acquisitions this month to four. Loki Studios which was co-founded by students from Stanford University, is focused on “combining engaging game design with the features unique to the next generation of mobile dev
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Yahoo acquires Loki Studios as part of acquisition spree

Yahoo has acquired a mobile gaming company, Loki Studios, taking its total acquisitions this month to four.
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Namco Bandai Announce Game Revenues of $4.9 Billion for Fiscal Year 2013

Games publisher Namco Bandai has announced their financial results for the end of its fiscal year. Worldwide net sales increased by 7.3% to 487 billion yen ($4.9 billion) — up from last year’s earnings of 434 billion yen. The company’s net income for the year ending March
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Namco Bandai year-end revenue increases despite missing Tekken target

Share Tweet Publisher Namco Bandai has announced the financial results for the end of its fiscal year, stating that the company saw an increase in earnings throughout numerous sectors despite missing sales targets for both Tekken Tag Tournament 2 and Tales of Xillia 2.
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Senior Game Designer (m/f)

InnoGames, based in Hamburg, is one of the leading developers and publishers of online games with more than 100 million registered players around the world. We have been characterized by dynamic growth ever since the company was founded in 2007. In order to further expand our success
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Valve Is Considering Eye-Tracking and Sweat For Gaming

The company culture over at Valve is one which fosters innovation and creativity. According to their employee handbook, Valve staff are free to work on whatever interests them, organically forming teams around a particular project or effort.
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Sony forecast only 5 million Vita and PSP unit sales in FY14

While Sony’s fiscal year 2013 results paint a positive picture of the PlayStation 3 holding out and performing well as the company waits for the next generation, their handheld division is having less luck.
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